Business Standard

Agriculture Is Backbone Of Indian Economy Says Vice President

Image

Capital Market

The Vice President of India, Venkaiah Naidu has said that agriculture is the backbone of Indian economy and it should be on the top of the agenda of the Government. He was addressing the gathering after inaugurating the New India Conclave being organised by Y4D Foundation today.

The Vice President said that there is a need to make agriculture remunerative and farmers must be encouraged to take up allied activities like poultry, horticulture, sericulture, bee keeping, dairy and others to improve income. He further said that there is a need to put in place for easy availability on loan at an affordable price and assured power must be supplied to farmers living in villages. He said that schemes like loan waivers and free power may not provide lasting solutions to agriculture distress in the country.

The Vice President stressed on the need to bridge urban-rural divide at the earliest so that India's progress towards becoming the third largest economy in the world in the next 10-15 years is not hampered. The rural areas have to become thriving hubs of economic activities with the agriculture playing an important role in the overall prosperity of the rural people, he added.

 

The Vice President called on the youth to be in the forefront of freeing India from the clutches of poverty, illiteracy and other social evils like gender and caste discrimination, particularly in the rural areas. Youth of our country need to acquire the right mix of knowledge, skills and attitudes required to overcome the 21st century challenges and reap the demographic dividend for the country's growth and development, he added.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 16 2018 | 3:49 PM IST

Explore News