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Challenge for India is to sustain 8-9% growth for 30 years: Amitabh Kant

India has done extremely well on the vaccination front and the challenge for the country is to grow 8-9 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday.

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NITI Aayog CEO Amitabh Kant

Press Trust of India New Delhi

India has done extremely well on the vaccination front and the challenge for the country is to grow 8-9 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday.

Addressing an event organised by Public Affairs Forum of India (PAFI), Kant further said that rise in per capita income of India is critical for removing poverty in the country.

"We bounced back post-COVID-19, and have done extremely well on vaccination, next year as well we will grow. "The challenge (for India) is to sustain high growth of 8-9 per cent over the next three decades," he said.

 

According to Kant, the government's role should be in public policy and the policy should create wealth through the private sector.

"The government should be in education, health and nutrition," he said.

According to Kant, it is important for Indian manufacturers to penetrate global markets and value chains.

He said without technological leapfrogging, it will be difficult for India to grow at high rates.

The NITI Aayog CEO said India is climatically-blessed and it is an opportunity to use renewable energy.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 17 2022 | 5:04 PM IST

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