PM floats idea of personal sector

Image
Press Trust of India Varanasi
Last Updated : Sep 18 2015 | 8:42 PM IST
Prime Minister Narendra Modi today floated the idea of a 'personal sector' that empowers the individual saying it "can work wonders" for the country as public and private sectors have failed to ensure the required economic development.
"The debate in the country has so far centred around public and private sectors. These two sectors have not been able to ensure growth at the rate that was required. I want to introduce a third idea which is personal sector. By personal sector, I mean empowerment of the individual and it also includes small traders, entrepreneurs and artisans," he said.
Addressing a public meeting here after inaugurating a number of projects relating to power, road and health sectors, Modi said that the entire world was looking at India with 'pride and hope' which presented the country with tremendous opportunity.
"More than half of the country's population is below the age of 35 and with our government's emphasis on skill development, the personal sector can work wonders for country's economy," he said.
Modi, who met a delegation representing two lakh contractual teachers of Uttar Pradesh whose regularisation of service by the Samajwadi Party government in the state was recently quashed by the Allahabad High Court, assured them that he will take personal interest in matter of 'Sikhsha Mitras'.
He urged the aggrieved teaching professionals not to give up or think of committing suicide.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 18 2015 | 8:42 PM IST

Next Story