News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 12 years ago
Rediff.com  » Business » 'Unemployment, poverty caused by wrong governance'

'Unemployment, poverty caused by wrong governance'

Source: PTI
June 24, 2011 17:30 IST
Get Rediff News in your Inbox:

Indian ParliamentObserving that politics should be an instrument for socio-economic transformation, Bharatiya Janata Party president Nitin Gadkari on Friday said that India was facing poverty and unemployment because of 'wrong governance'.

"India is a rich nation full of poor people. The country is facing challenges of unemployment and poverty owing to wrong economic policy and wrong governance," he said.

Delivering his address at the 94th Federation of Karnataka Chambers of Commerce and Industry, Gadkari also stressed the need for 'development-oriented' approach to politics.

"We need a development-oriented approach to politics,

aimed at development in different levels," he said, adding that this could be done through constructive thinking, fast track decision making, transparency, auditing and accountability and acceleration of the system in the right direction.

The BJP president said that the focus of development should be on agriculture and its allied industries and called for the promotion of PPP model to encourage private entrepreneurs to participate in development projects.

Gadkari also called for an 'integrated approach' to development which included elements of both 'progress and concern for the environment.'

"Above all, the need of the hour is a good economic policy and a strong political will to execute it," he said.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!