"Though money is essential for economical growth, a specific policy is also necessary to avail the monetary help for poor. It's a challenge for the finance sector and the deliberations must be made for that," Sinha said addressing a seminar on 'Financing for Economic Growth'.
The seminar was a precursor to forthcoming 'Vibrant Gujarat Investors' Global Summit-2015, to be held between January 11-13 next year.
In her speech while inaugurating the seminar, state Chief Minister Anandi Patel claimed that the series of such summits has transformed itself from an investment promotion event to a knowledge-sharing platform.
"Gujarat has become the growth engine of India, as its share in India's exports stands at 24 per cent, in manufacturing sector 17 per cent and in primary sector output 11 per cent," an official release said.
"Gujarat has managed to leverage private finance to multiply investment in state by using the Public Private Partnership (PPP) mode effectively," it said.