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Industry & Economy - Rural Development


PM moots rural business hubs

Our Bureau


The Prime Minister, Dr Manmohan Singh, with the CII President, Mr Sunil Kant Munjal, and the Minister for Panchayati Raj, Petroleum and Natural Gas, Mr Mani Shankar Aiyar, at a national seminar on Rural business hubs: Economic empowerment through panchayats in the Capital on Friday. - Kamal Narang

New Delhi , Nov. 5

EMPHASISING that benefits of rapid economic growth should flow out to all sections of society, particularly rural India, the Prime Minister, Dr Manmohan Singh, on Friday mooted the idea of establishing rural business hubs and stressed on the need to invest "much more" in agriculture, irrigation and rural infrastructure.

Addressing the valedictory session of the national presentation on rural business hubs organised by the CII here, Dr Singh also stressed on the importance of integrating agricultural markets across the country and removing constraints so that farmers got far better remuneration for their produce through efficient, non-distorted markets.

"Even now, almost three-fourths of our population resides in rural areas and almost the same proportion is still dependent on agriculture for sustenance," Dr Singh said.

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