Moneycontrol PRO
HomeNewsBusinessEconomyAddressing agri problems, unsatisfactory employment are 2 takeaways from Gujarat poll: Niti Aayog VC

Addressing agri problems, unsatisfactory employment are 2 takeaways from Gujarat poll: Niti Aayog VC

The achievements (of the government) were not meeting the aspirations of a great majority of the youth.

December 23, 2017 / 18:09 IST
Rajiv Kumar, Niti Aayog

Rajiv Kumar, Niti Aayog

The two big takeaways post-Gujarat assembly polls were addressing agriculture-related problems and 'unsatisfactory employment', Niti Aayog Vice Chairman Rajiv Kumar said here today.

The achievements (of the government) were not meeting the aspirations of a great majority of the youth.

"That is what characterises the youth of Gujarat and Maharashtra. They are unsatisfied employed youth. The big lesson, therefore, is to address unsatisfactory employment," Kumar told PTI here.

BJP had won the election with a majority securing 99 seats and Congress 77 in the 182 member assembly. Kumar said problems related to agriculture were another issue that has to be tackled.

"Agriculture has become backward. You are left behind. You have to change many things, including Minimum Support Price for farmers. This is not easy," he said. Asked to comment on US tech major Accenture's statement of artificial intelligence alone contributing a whopping USD 957 billion to GDP by 2035, Kumar said he has not done any estimation, but it has potential to contribute much more if  India improves formalisation of the economy.

"The distinction between small-medium enterprise and top enterprise should go, because the growth potential lies in the  former who form 98 per cent of business class. If we do that, new technology can contribute much more GDP wise," he said.

On fears of joblessness due to automation, Kumar said  technology always bring progress, but it has to be tackled in  sensitive manner. "What you have to do is to accept technology, but then make sure that you use it to create jobs in new areas, where people who will not find jobs in old system, will find new system," he said.

PTI
first published: Dec 23, 2017 06:03 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347