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India's economic growth, currently the world's fastest after that of China, is constrained by the lack of skilled manpower and inadequate infrastructure, Prime Minister Manmohan Singh said in New Delhi today.
India's $906 billion economy has grown at more than 9 percent since April 2005, making it the second-fastest after China among the world's top 15 economies. The government wants to boost growth to increase jobs and eradicate poverty in a country where half the 1.1 billion population live on less than $2 a day, according to the World Bank.
Singh also said a ministerial panel would decide soon on the issue of the availability of spectrum, or radio frequencies that can be used by mobile-phone operators to carry calls...Read More....
India's $906 billion economy has grown at more than 9 percent since April 2005, making it the second-fastest after China among the world's top 15 economies. The government wants to boost growth to increase jobs and eradicate poverty in a country where half the 1.1 billion population live on less than $2 a day, according to the World Bank.
Singh also said a ministerial panel would decide soon on the issue of the availability of spectrum, or radio frequencies that can be used by mobile-phone operators to carry calls...Read More....
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