India needs to boost manufacturing, agriculture, services: Modi


India needs to boost manufacturing, agriculture, services: ModiNew Delhi: Narendra Modi, the Bharatiya Janata Party’s prime ministerial candidate, said on Sunday that there is a need to boost manufacturing to revive the domestic economy.
Modi said the three pillars to develop the country were that agriculture should have a one-third share of the nation’s gross domestic product (GDP), manufacturing sector should account for one-third and the services sector should account for the rest. The manufacturing sector contributes to 14% of GDP.
“These are the three things that are needed to develop the country. We cannot let any of them go unattended,” Modi said at the hustings in Jagraon in Punjab. Modi had first started his public meetings from Punjab on 23 June last year after becoming the BJP’s chief poll campaigner. Punjab has a total of 13 Lok Sabha seats, but the importance of the state increases because people of Punjab are settled in all states of northern India, including Himachal Pradesh, Haryana and Rajasthan. Read more
Source: http://www.livemint.com/

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Categorised in: Manufacturing, Sector News

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