New govt should rank jobs, investment as top agenda: Vedanta Chief
Employment generation and revival of manufacturing and investment besides poverty eradication should top the agenda of the new government, Vedanta Resources Chairman Anil Agarwal told media. “As industry awaits new government, reviving manufacturing & investments, generating employment and eradication of poverty to be top agenda,” he tweeted. Exit polls have projected the BJP-led NDA to form the government at the Centre giving 249 to 290 seats to the Narendra Modi-led grouping. Stating that uncertainty prevails in some sectors towards large national projects, the mining and metal conglomerate’s chief in a statement proposed auction of natural resources on revenue sharing or royalty basis. Though India has abundance of reserves and resources of bauxite, coal, iron ore, copper and gold, it is spending billions of dollars on their imports, he said. Agarwal said thousands of large, medium and small scale industries can be set up to process raw material and further manufacturing which can create 10-15 crore jobs, create infrastructure and lead to eradication of poverty. Earlier, he had pitched for 51 per cent stake sale in state-owned companies saying this can change the face of modern India by creating more jobs and bringing in prosperity.
Employment generation and revival of manufacturing and investment besides poverty eradication should top the agenda of the new government, Vedanta Resources Chairman Anil Agarwal told media. “As industry awaits new government, reviving manufacturing & investments, generating employment and eradication of poverty to be top agenda,” he tweeted. Exit polls have projected the BJP-led NDA to form the government at the Centre giving 249 to 290 seats to the Narendra Modi-led grouping. Stating that uncertainty prevails in some sectors towards large national projects, the mining and metal conglomerate’s chief in a statement proposed auction of natural resources on revenue sharing or royalty basis. Though India has abundance of reserves and resources of bauxite, coal, iron ore, copper and gold, it is spending billions of dollars on their imports, he said. Agarwal said thousands of large, medium and small scale industries can be set up to process raw material and further manufacturing which can create 10-15 crore jobs, create infrastructure and lead to eradication of poverty. Earlier, he had pitched for 51 per cent stake sale in state-owned companies saying this can change the face of modern India by creating more jobs and bringing in prosperity.
