Congress vice-president Rahul Gandhi addressed a Ficci conference in New Delhi on Saturday.
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Below are the highlights:
- Admit that Congress party did not do well in Assembly Elections
- Completely in agreement for need of regulatory system
- Projects do take time to get approval in current system
- CCI approved a large number of projects in the recent past
- Biggest issue we face today is corruption
- Parliament took a landmark step by passing Lokpal Bill
- UPA did more than any other government to fight corruption
- Many revolutionary bills still pending before Parliament
- Indian education system does not do justice to its talents
- Have to take steps to empower business engine and people
- Investments in food security will not drag economy
- Poverty cannot be fought without growth
- Need to take steps to reform power sector
- Have to open up manufacturing sector and foster competition
- UPA made huge investments in micro nutrients and micro irrigations
- Beating inflation is our top priority
- Society cannot be built on injustice
- Investments in social sector schemes is not a drag on economy
- 3rd of Indian population came out of poverty in the last 10 years
- Must target raising manufacturing to 25% of GDP
- There is a cost to not having Land Bill
- Cannot allow environment to be plundered
- Need to be careful on use of natural resources
- Complete arbitrary power is the cause of concern
- Land Acquisition Bill brings transparency, will benefit industry
- We need to build value like Google
- Indian IT sector needs to move up the value chain
- We need to increase access to education
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