1. Income levels increased significantly in last 3 decades: Arvind Subramanian

Income levels increased significantly in last 3 decades: Arvind Subramanian

Chief Economic Adviser Arvind Subramanian today said India's steady growth has resulted in a consistent decline in poverty and improvement in several human development indices.

By: | New Delhi | Published: November 24, 2017 11:18 PM
Arvind Subramanian, CEA Arvind Subramanian, economy, indian economy, centre, narendra modi government He called for equitable redistribution of subsidies among the weaker sections of the society. (IE)

Chief Economic Adviser Arvind Subramanian today said India’s steady growth has resulted in a consistent decline in poverty and improvement in several human development indices, including reduction in the infant mortality rate (IMR).

Delivering a lecture on ‘India’s Precocious Growth Model and Its Future’, organised by MCR HRD Institute of Telangana, he said income levels increased significantly across the country in the last three decades, even though the regional disparities continue, an official release said.

He called for equitable redistribution of subsidies among the weaker sections of the society and similar other measures to empower them for joining the mainstream as equal partners.

Lauding the recent improvement in the global ranking of India in terms of ease of doing business, he called for concerted efforts to attract Foreign Direct Investment (FDI) in health and education.

The lecture was part of the 92nd Foundation Course, attended by over 200 All India Services and Central Civil Services officers.

  1. Richard Dias
    Nov 25, 2017 at 4:49 pm
    Telling lies has become a passion today! We are working so hard to increase our income that on the way we have forgotten to teach our children the value of reading, reasoning out and the necessity of living together as human beings!
    Reply
    1. Murthy Suppusamy
      Nov 24, 2017 at 11:42 pm
      This person is intellectually bankrupt. Inflation has gone of over 400 percent if income levels have gone only 300 person, past three decades. People don't want Inflation. Period. Low Inflation with moderate growth keeps people happy.
      Reply

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