India most favourite destination for trade, investment: Lt Governor

Srinagar, Oct 27: Lieutenant Governor Manoj Sinha inaugurated the 4th Annual Conference of Indian Economics & Allied Sciences Association at University of Kashmir, Friday.
In his address, the Lt Governor appreciated the endeavour of the Indian Economics & Allied Sciences Association for deliberation on India’s development strategy of Aatma Nirbhar Bharat, Development issues of J&K, Ladakh and Tribal population in India and comprehensive analysis of policy measures towards the achievement of Viksit Bharat by 2047, during the three-day conference.
Speaking on India’s emergence as a strong economic power, the Lt Governor said, under the leadership of Hon’ble Prime Minister Shri Narendra Modi Ji, the government policies and programmes for holistic development have put the economy on a sustainable path of high-growth and shaping economic trajectory of India.
“Today, India is the most favourite destination for trade and investment and we continue to be fastest-growing economy in the world. With the vision of inclusive, progressive and sustainable growth, it is being ensured that fruits of our development percolate to the grassroots,” he said.
He called for collective efforts to unlock the potential of growth-oriented sectors and put a special focus on job creation, infrastructure and investment, women empowerment, MSMEs, skill development, health and nutrition, which are the important pillars of India 2.0.
India is full of optimism, boundless energy and ambition and expected to contribute 15% of global growth in the current Financial Year. We are moving closer to our goal of making this truly the India’s century and our economic resurgence will be the key driver of global growth, the Lt Governor said.
At the inaugural session, the Lt Governor shared the socio-economic reforms introduced in various sectors over the past few years to bring J&K UT at par with other developed regions in the country.
We have prepared a blueprint for Governance @ 2047 and executing comprehensive strategies to meet the future goals in key sectors like education, health, human resource, industry, infrastructure, connectivity, tourism, agriculture & allied sectors, he said.
He also commended the important contribution of Indian Economics and Allied Sciences Association in improving the understanding of development process and economic policies of the country.
Prof Sudhakar Panda, President Indian Economics & Allied Sciences Association (IEASA) and Dr Alok Kumar Secretary IEASA also spoke on the occasion and highlighted the key features of the annual conference.
The Lt Governor also released the Conference Souvenir on the occasion.
Prof Nilofer Khan, Vice Chancellor, University of Kashmir; Prof Pulin B Nayak, President Conference IEASA; Prof Dhananjay Singh, Member Secretary ICSSR; Prof G M Bhat, Chief Coordinator of Conference; Educationists, Economists, Experts, HoDs, Scholars, Researchers and Students were present.