India among the largest global economies -- Threats and Opportunities - call the left's bluff!
Speaking at a seminar 'Next 60 years, Commerce Minister Kamal Nath said that owing to its democratic nature, the government had to tread carefully on the path of transformation and keep the larger acceptability of people as the benchmark for government action.
Wipro chairman Azim Premji said that when it came to transformation, the government had put a fair amount on the table. "They have set it into motion by bringing in various policies. It is also up to the corporate sector to take this forward and translate it into inclusive growth." Premji added, "It is a mixed bag, except for recent jerks in West Bengal, the Left government there has been extremely progressive. One should not be carried away by some articulate people. If I were the prime minister, I would call the Left's bluff."
Bharti Group chief Sunil Mittal said that "It is much tougher than we had expected as the infrastructure in rural areas is very weak. While the last few decades have been good in creating self-sufficiency, the agenda over the next few decades has to be filling in the vital missing links like cold chains, rural transport,".
Mukesh Ambani, CMD, Reliance Industries said it "The problem is not with people and production but with distribution. There is a big opportunity and need to create a new development model in agriculture, for which the corporate sector will have to win farmers' trust".