Saturday, 9 January 2010

President asks NRIs to participate in India’s ‘unfolding’ growth story

President Pratibha Patil on Saturday called upon overseas Indians to participate and benefit in India’s “unfolding growth story.”

Delivering the valedictory address at the Pravasi Bhartiya Diwas on the day Mahatma Gandhi returned to India in 1915, the President pointed out that overseas Indians, estimated at over 250 lakhs, had come to be recognised as the ‘Knowledge Diaspora.’ With India making its investment environment more conducive, it was time this Indian community with its knowledge, expertise, skills and resources became an important input in “India’s march to becoming a developed country.”

India’s investment needs were over dollars 500 billions spanning both the social and physical infrastructure sectors and the country was looking at investment increasingly in the public-private partnership model. While the requirements in physical infrastructure were well documented, Ms. Patil drew attention to the social side with the government focusing on improving the quality of education at all levels and estimating an annual growth arte of about six per cent in healthcare infrastructure. Read more

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