Singh says it all through economics
Former Union finance minister Manmohan Singh on Friday appealed to the masses of Gujarat to uphold social harmony and social tranquility so that economic development does not stagger. Delivering the "Fifth Dr R.L. Sanghvi AMA Annual Economics Lecture on Indian Economy - Challenges Ahead" at the Ahmedabad Management Association, he sought that "no social phenomenon that can be detrimental to economic development, should be carried out in the state".

Although Mr Singh did not talk about the recent socio-economic disturbances in the state following the communal riots, he hinted at the economic gloom that has surrounded Gujarat. "After all, social disturbances get reflected in economic development," Mr Singh remarked. "Gujarat has served as a lighthouse to the nation regarding economic strides and let it continue to show the path to others," he said.

Referring to the ambitious Sardar Sarovar Project, he said, "Although it is a promising project that would enhance the productivity of the region, it is also a fact that presently, only 35 per cent of the Gujarat is irrigated." Further, referring to the unrest among tribal population in several states, including Gujarat, Mr Singh said, "Something has gone wrong with the management of economy of the tribals, a reason why there is so much unrest."

Talking about the need to free India of war, want and exploitation, the finance minister called upon an urgent need for all political parties to arrive at a consensus so that the country steers economic development in a competitive environment, within the framework of the WTO norms and other import-export regulations. "Everyone, be it politicians, administrators and leaders has to be a part of the process, built up societal trust and create a conducive environment for economic prosperity." One can not conserve power by sitting on it. It has to be spent optimally so that it grows, he remarked.

The economist called upon the need to harness science and technology into agriculture so that Indian farmer prospers. "However, we have to ensure that technology and science must not do away with the available labour and rather, provide more employment opportunities."

Republished from The Asian Age