Vice-chairman of Niti Aayog Rajiv Kumar on Thursday said that the private sector of the country will have to drive growth and not the public enterprises as they used to be. Speaking at a webinar organised by Merchants’ Chamber of Commerce and Industry, Kumar said that the private sector also needs to create trust with the government, which is the need of the hour.
“The private sector of the country has to be the key driver of growth. Earlier, the public sector used to drive the growth engine, but not now,” Kumar said. The Niti Aayog official said that India needs to speed up growth rates to at least eight per cent to address the issues of reduction of poverty, improving the healthcare system and increasing the reach of education.
News Source: financialexpress