President Pranab Mukherjee has said that the dream of high economic growth can't be fulfilled unless the mass level of poor below the poverty line have not reach to the fruits. President was addressing during the inaugural of Northern India Chief Ministers' Conclave here.
On the occasion, President said, "The high economic growth that we have envisaged for our nation will count for nothing unless we are able to translate this into tangible benefits of the poorer sections of our society."
"When 30 per cent of our population lives below the poverty line and 26 per cent are illiterate, 'inclusion' cannot merely be a slogan but a compelling goal," the president pointed out.
During his address, the president touched upon the importance of manufacturing sector in job creation, augmenting contribution of all the northern states in the total GDP of the country, service sector, agriculture and called for more competitiveness as the important position of India in IT sector was getting challenged by the emerging economies.
It is noted that the meet was organised by the PHD Chamber of Commerce and Industry on 'refuelling growth'. Chief ministers of Chhattisgarh (Raman Singh), Himachal Pradesh (Prem Kumar Dhumal), Uttrakhand (Vijay Bahuguna) and deputy chief minister of Bihar (Sushil Kumar Modi) attended the conclave among others.
He asked the private sector to invest in research and development.
(With inputs from IANS)
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