SME Times is powered by   
Search News
Just in:   • 'India, Singapore working to connect Indian, ASEAN SMEs'  • Sensex, Nifty end flat on caution ahead of state polls  • Rural MSMEs need to be empowered: Minister  • UK announces draft agreement with EU on Brexit  • Odisha gets investment proposals worth Rs 3,900 cr in IT, electronics sector 
Last updated: 30 Oct, 2018  

Prabhu.9.Thmb.jpg Services sector can be game changer in India's growth story: Prabhu

Prabhu.9.jpg
   Top Stories
» 'India, Singapore working to connect Indian, ASEAN SMEs'
» Rural MSMEs need to be empowered: Minister
» Reforms to push India to $10 trillion economy: Prabhu
» Wholesale inflation rises to 5.28 pc in October
» 'Startup India Investment Seminar to woo Chinese investors'
SME Times News Bureau | 30 Oct, 2018

Union Minister of Commerce & Industry Suresh Prabhu On Tuesday said the services sector can be a game changer in India’s growth story.

Speaking at the 14th FICCI Higher Education Summit 2018 in New Delhi, Prabhu added that as Commerce Minister he has to ensure that services sector grows as it contributes nearly 2/3 of India’s GDP.  

He said that Government is striving to enhance the share of the services sector in total GDP of India and is making all efforts to achieve that goal. The ten Champion Services Sectors can push India’s growth in a big way.

Prabhu also said that education plays an important role in equipping students to utilize new opportunities in this sector.

The Minister said that along with growth in GDP numbers, employment has also to be taken care of and the services sector can create more jobs for youth of country.

The Commerce Minister said India has always been a hub for new ideas and knowledge and the concept of university is not a creation of modern times. However knowledge has now acquired a global perspective and learners should develop the capacity to embrace new ideas being generated in the world.

The Minister stated that the purpose of education is to equip the learners to deal with the challenging situations developing around them. 

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 15 Nov, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Industry hails MSME Support and Outreach initiative(8)
» Starting an import export business: Basic guide for beginners(3)
» Impact of cheap Chinese products on the Indian economy(1)
» US-China tariff war: Opportunity for India(1)
» MSME loans can be provided only through banks: Jaitley(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter