Country needs to focus more on Infrastructure, inclusive growth, innovation: KTR

Hyderabad, Sept.15 (NSS): Minister for IT and Industries KT Rama Rao said the country needs to follow a formula of three I’ ( Infrastructure, Inclusive Growth and Innovation) for taking it on the progressive path.

Addressing the international conference on Innovations in Engineering and Technology organised by the Jawaharlal Nehru Technological University (JNTU-H) as part of its golden jubilee celebrations here on Thursday, Rama Rao urged the Centre to focus on the formula of three I and invest more funds to make the country prosperous.

On the occasion, the Minister asked the students to be job creators, innovators and disruptors instead of job seekers. He also told them not to get disheartened by failure.

“Students should think large and global and come out with world-class products,” KTR said.

During a meeting convened by Prime Minister Narendra Modi on ‘How to create new India’ on the eve of 75 years of Independence earlier, the IT Minister said he had suggested that for the development of the country ‘Three I’ formula was required.

Listing out several innovative initiatives of Chief Minister K Chandrashekhar Rao, he said the government has come out with TS-iPASS that enables the entrepreneurs to commence operations without waiting for permission from the government, local municipality or gram panchayat as long as they certify themselves to comply with the law of the land.

Comparing India and China’s economies in 1986-87, Rama Rao said both the countries had a 470-billion-dollar economy. Now, after 35 years, China’s economy was 16 trillion dollars and India was at 3.4 trillion dollars economy.

Pointing out that India was focused on comparing with Pakistan and Bangladesh, he said China was more focused on making comparisons with developed nations-US, Australia, Germany, and France.

“We are more worried about other’s caste and religion. We are not interested in marching into the future to make our country a glorious nation but we are more interested in digging our own past wounds for votes,” he said.

The IT Minister asked the JNTU-Hyderabad officials to arrange a visit for engineering students to the engineering marvel, the Kaleshwaram project.

Minister for Roads and Buildings Vemula Prashanth Reddy said in the combined Andhra Pradesh, the power holiday to industries was an order of the day and however, after the formation of the State, under the leadership of Chief Minister K Chandrasekhar Rao, the Telangana State had achieved a phenomenal progress in power generation and it was now only the country to provide the round clock power supply to all sectors. (NSS)


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