Current account deficit pegged at 3.5% this fiscal: C Rangarajan
Agencies: Chennai, Nov 29 2012, 11:20 IST
years have clearly shown that how even a short fall in agriculture productivity can cause serious distortions in the economy.
"Therefore we need to focus attention on it from the pointof reducing poverty, from the point of food security. We need to ensure agriculture grows at four per cent per annum. And also we need to see that the basket of goods we produce even in agriculture must also change according to the demand pattern", he said.
On the acute power crisis, he said,"we need to address the issue. We must understand that China adds in one year in terms of capacity addition in power, what we add in five years. That is the magnitude of difference between India and China".
"I know there are issues like availability of coal, land acquisition, environmental concerns. We must address all these things", he said.
Previous Story Sensex crosses 19,000-mark Next Story US court agrees to hear Rajat Gupta's plea to stay surrender date
Reader's Comments| Post a Comment
Be the first to comment.
