Growth matters

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This refers to the editorial, “The great FDI bonanza” (November 13). You have aptly remarked how swiftly Prime Minister Narendra Modi has got back to his development agenda despite his party’s crushing defeat in the Bihar Assembly election. Mr Modi’s foreign visits are useful as they attract foreign direct investment, which is so necessary for India’s growth, skill-development and Make in India programmes. While the public sector has to take the load of the progress, the private sector is being encouraged to take more risks and make investments.

Daily Pioneer
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