New Delhi [India], June 3 (ANI): In order to shape a post-COVID reality, there is no way out to India, but growth, said Amitabh Kant, CEO of NITI Aayog, on Thursday.
Kant stressed that India has the opportunity to initiate changes that will transform our society in a generation.
“By shaping a post-COVID reality, there is no way out for India but growth. We have seen the economies of East and Southeast Asia transformed into a generation by introducing reforms. and policies to promote private – sector – led growth and investment, “he added.
Ahead of the virtual launch of the “FICCI Young Leaders Forum – Maharashtra Chapter”, Kant said rising investment levels will be crucial to India’s growth history in the future.
“Innovation, increased competitiveness and job creation are the key instruments for growth that are unlocked through greater private sector investment,” he added.
Kant stated that India is a young country and it is important for young people to become more and more involved in the decision-making process. He also stated that it is the young leaders who will drive change in India.
The six themes (leadership and governance; economic and social governance; climate change and sustainability; collaboration; mental health and well-being; inclusion and diversity and finance) identified are fundamental to the evolution of a new post-COVID world. We have learned many lessons from this pandemic that has transformed the way businesses and government work and the way people live.
“As our economy has evolved since 1991, the private sector has driven growth more than the public sector. While the government plays the role of facilitator, the private sector will need to drive converged cost efficiencies to levels overall quality of goods and services along with the achievement of competitiveness in the global market, ”he stressed.
Kant stated that taking advantage of the use of technologies is another key aspect that young leaders need to keep in mind. He said many government schemes are transformed through technology. There has been a profound transformation in the delivery of government schemes and the benefits of starting an era of transparency and precision through a highly concerted effort towards digitization.
“Putting sustainability at the heart of our efforts is the need of the hour. With climate change upon us, it is a collective responsibility to devise an adaptation and mitigation strategy. Forums like young FICCI leaders are crucial in the process of national construction, “he noted.
Ajay Piramal, president of the Piramal group, said the future is really the model for young people. “Today, capital is no longer a barrier to entry. Innovation is much more important today than ever. The industry needs to keep the customer at the center of the business and design the business around the customer along with the needs. changing, ”he added. .
Cyril Amarchand Mangaldas, Rishabh Shroff, President of the FICCI Young Leaders Forum, partner and head of internships for private clients in Maharashtra, highlighted the potential opportunities in Maharashtra. “With excellent government and proper leadership, we can help transform corn into unicorns through the Maharashtra chapter,” he added.
Shashwat Goenka, President of the FICCI Young Leaders Forum and Head of Sector – RetailFMCG, RP-Sanjiv Goenka Group, said: “The FICCI Young Leaders Forum is committed to developing, inspiring and motivating young people in our country in a way that they can proactively participate in all efforts to provide growth for society. ” Abhishek Ganguly, Co-Chair, FICCI Youth Lead Forum and CEO, Puma India and Mr. Dilip Chenoy, Secretary General, FICCI also shared their perspective on the role of young entrepreneurs in shaping the economy. (ANI)