U.S. development model not suitable for India: Pitroda

By siliconindia   |   Thursday, 15 April 2010, 22:47 IST   |    6 Comments
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U.S. development model not suitable for India: Pitroda
Bangalore: India should develop an indigenous model for development that focuses on low-cost solutions, instead of copying the consumption-based American economic model which is unsuitable for the country, said Sam Pitroda, Advisor to Prime Minister on public information infrastructure. While addressing the participants of Microsoft-organized Tech ED 2010, a technology conclave via videoconferencing from Chicago, the technocrat said India has its own challenges and requires Indian model focused on low-cost solutions. Reports PTI. "We need to learn to innovate on our own," he said. The U.S. model of consumption-based economy is not scalable, sustainable for a country like ours. India needs to look at new development models in areas such as education and health. India's rural areas could become outsourcing hubs for urban centers.