New cities necessary for development of country: Jaitley

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Press Trust of India Hoshangabad (MP)
Last Updated : May 30 2015 | 8:28 PM IST
Finance Minister Arun Jaitley today underlined the need to build new cities for turning India into a developed country.
"If we want to develop the country industrially and economically, new cities are needed," Jaitley said, after inaugurating a logistics hub and a farmers' convention here.
The country's economic growth had made a mark in the world, he said, adding that "if we continue to make such rapid progress, we will be numero uno in the world".
India achieved independence long ago, but economic freedom eluded the country, he said. The economic and business environment was now friendly without any bottlenecks, he stated.
Some major economic changes were in the offing, the Finance Minister added.
The logistics hub here would create jobs, Jaitley said, adding that Madhya Pradesh's agricultural growth rate was highest in the country because it had moved away from traditional farming methods.
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First Published: May 30 2015 | 8:28 PM IST

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