Fiscal reforms alone not enough for economic growth: Moily
Quotes

Fiscal reforms alone not enough for economic growth: Moily

Last Updated: Wednesday, October 10, 2012, 14:41
 
 Comment 0
 
Fiscal reforms alone not enough for economic growth: Moily
New Delhi: Fiscal reforms alone are not enough for Indian economic growth and human resources and government reforms also have to play a part, Corporate Affairs Minister M Veerappa Moily said on Wednesday.

"Fiscal reforms alone are not enough. Process reforms, human resource reforms and government reforms are equally important for the economic growth of the country," he said.

Moily was speaking at a seminar here on 'Global Management Education: Challenges and Opportunities' which also saw the launch of the Integrated BBA-MBA Programme by the Jindal Global Business School.

The minister, who had overseen reform in university education in Karnataka and worked for setting up of six universities there, also suggested that there should be no compromise on pay packages of educators.

"I tell all institutions not to compromise on the (pay) package of educators," he said.

Vice-Chancellor of O P Jindal Global University C Raj Kumar regretted that there were no Indian universities in the list of top global varsities.

He said institutions from several Asian nations were rapidly gaining prominence which showed that there is a need for gearing up the education system here to meet the global standards.

The seminar was also attended among others by Zarine Daruwala, President of ICICI bank and P V Ramana Murthy, the senior Vice President of Human Resources in Hindustan Coca-Cola Beverages.

PTI



First Published: Wednesday, October 10, 2012, 14:39


Comments


comments powered by Disqus
World Economic Forum 2015
World Economic Forum 2015
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved