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Supply chain issues plague rural growth, says former SEBI chief

Our Bureau Chennai | Updated on October 20, 2013 Published on October 20, 2013

‘It is important to provide skill-based training which is in sync with an individual’s background.’





Food storage techniques and the maintenance of the food distribution system is an area of concern for both rural development and the economy. Strong control measures will be helpful for the basic supply of wheat and rice in the long run, according to G.V. Ramakrishna, former Chairman, Disinvestment Commission, and former member, Planning Commission. Ramakrishna was addressing the students of the Gurgaon-based Management Development Institute at an event recently.

Ramakrishna emphasised that the rural development of India was imperative for a stronger economy where the areas of concern were the food storage techniques and the maintenance of the food distribution system.

“At present, a huge stock of wheat and rice is wasted due to the lack of good storage systems in India. The prime focus should be on the development of cold storage systems and regulation of the supply chain management,” he said. “This will be a strong control measure which will be helpful for the basic supply of wheat and rice in the long run.”

Ramakrishna, a former Chairman of SEBI, suggested that a similar process can be practised in business schools where education for skill development is required. “B-schools play a crucial role in imparting good education to individuals. Today it is important to provide skill-based training which is in sync with an individual’s background along with his education,” said Ramakrishna.

It is important to utilise the resources and prepare young people with the right potential to sustain development, he added.

Published on October 20, 2013
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