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We support growth of private firms: PM
By agencies
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Tuesday, 15 November 2005, 20:30 IST
NEW DELHI: Prime Minister Manmohan Singh today said his government would give full support to the growth of private enterprise as part of national development.
Described the development of private industries as a big challenge, Singh said there was a need to give rural India a "better deal."
No region of the country could claim quality of life in its rural areas, he observed candidly adding, The physical and social infrastructure of rural India has to catch up with urban India."
The Prime Minister also admitted bureaucratic "roadblocks" to growth of private enterprise, but said he was committed to break those "shackles" to allow their growth.
Singh said India could no longer afford to ignore the "dualism in the society" wherein the urban areas surge ahead on the path to progress while the rural India lags behind
"There is an India which wants to move stronger while there is another which is trying hard to catch on with it. No government can ignore either challenge," he said.
The Prime minister pointed while there was need for more investment, there was a limit to which governments could generate. "The real responsibility for change lies with the state governments," he noticed.