N-bill, atomic pacts fruits of efforts for high growth: Krishna
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N-bill, atomic pacts fruits of efforts for high growth: Krishna

Last Updated: Friday, August 27, 2010, 23:18
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New Delhi: Government on Friday said the nuclear liability bill and the pacts signed with various countries in the atomic field represent the "fruits" of efforts being made aimed at high economic growth through external pre-requisites.

"Over the years, India's development cooperation has emerged as an important component of our foreign policy," External Affairs Minister S M Krishna said while addressing the Heads of Missions here.

"External pre-requisites for sustained high economic growth over medium to long term include more foreign investment, and meeting our growing energy needs," he said, adding "the agreements that India has concluded in the recent past in the field of civil nuclear energy, and the nuclear liability bill represent fruits of such efforts."

He said India is rapidly evolving economic content of its growing partnerships, including those with industrialised nations such as the US, the UK, France, Russia and Germany.

Of particular relevance in this regard will be the Look East policy which is aimed at further developing India's multi-faceted relations with the South East Asia, the East Asia and the Pacific, Krishna said.

He said India's partners appreciate that India's contributions to their well-being emanate not from a state of affluence or surpluses.

"Our small development projects represent an innovation both in terms of targeting and delivery model. We are successfully replicating this approach in several countries, even as international development institutions have commended this model," the minister said.

India's projects in Africa, such as the prestigious Rs 540-crore Pan-African e-Network project, help achieve e-connectivity in the important fields of tele-education and tele-medicine and hold enormous promise, he said.

Home Minister P Chidambaram also talked about India's security environment and challenges and the multi-pronged strategy adopted by the Ministry to counter these.

PTI

First Published: Friday, August 27, 2010, 23:18

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