'India must do more to improve infrastructure, protect IPR'

'India must do more to improve infrastructure, protect IPR'

By agencies   |   Friday, 19 August 2005, 07:00 Hrs
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KOLKATA: The United States wants India to do more in developing a world-class infrastructure, energy security, creation of true national markets and protection of intellectual property rights to attract American investments.

"The most prominent challenge is world-class infrastructure, which India must provide as a platform for sustained higher growth and rural development, especially in agriculture," US Ambassador to India David C Mulford said.

Pointing out that Prime Minister Manmohan Singh had identified energy security as a priority area to push India towards its ambitious growth agenda in the coming decades, he said, "Adequate and reliable supplies of energy at reasonable cost are essential to fuel India's rapidly growing economy."

Mulford said India must make a concerted effort in creating a true national market and give full protection of intellectual property rights.

He claimed that such reforms in liberalizing the economy would improve living standards in ways that the average citizen could feel and understand.

"Political credit will accrue to those in government with the vision to effect such change."

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