Job creation is focal point of development: Modi
Feb 19 2014 , Gandhinagar
"Job creation is the primary thing in Gujarat's development model. When the entire world is passing from the era of 'Job-war'.When China is attempting to take over the entire job market, we focused upon generating new job opportunities," Modi said.
Modi was speaking at a seminar on 'Financial Services- a key driver for economic growth' at the Gujarat International finance Tec (GIFT) City.
"For better job opportunities, we need proper manpower and for that we have focused upon human resource development and skill development," he said.
Modi said India's growth model was largely linked with low-end activities and should be moved towards high-end activities.
"By and large, our country's development model is linked with low-end activities. We have to think how we can gradually move towards the high end activities. Although, we have a bigger base of information and technology, we have remained limited up to BPO industries. On the other hand, Google and Microsoft developed in foreign countries. We have to change this stagnant situation," Modi said.
Modi said the country was experiencing stagnancy in creation of new cities. "Newly emerging cities have remained as a residential accommodation even as we planned to make a finance city, medically-equipped city and knowledge city. We have to merge all those cities into one to make a world-class financial service hub," he added.
Modi, who is trading barbs with Chidambaram of late, said investors are unsure about their investments, especially after the interim budget was presented.
"This is the time when election are coming in the near future. Each and every investor is in dilemma regarding his investment. They are waiting hardly and I know this time is not easy for investors, specially when the country has just witnessed a Vote on Account. What picture has been presented?..Our Finance minister is doing hard work," Modi said without naming Chidambaram.