India can become pillar of global growth: PM

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SME Times News Bureau | 16 Nov, 2015
Prime Minister Narendra Modi on Sunday said India, given its size and scale, can become a pillar of global growth.

"India's development goals are aligned with the SDGs (Sustainable Development Goals)," Modi said in his lead intervention at the two-day G20 Summit that got underway Antalya.

"We are promoting growth and investing in skill to create employment for our youth; increasing the pace and quality of infrastructure expansion; and investing in making farms more productive and resilient," he said.

Pointing out that India has the world's largest financial programme, he said "we have definite target dates for meeting all the basic needs of our people".

"Through bold economic and governance reforms, we have achieved a growth rate of 7.5 percent with strong prospects for a higher growth in the near future," the prime minister said.

"Given our size and scale, India can become a pillar of global growth and stability...."