Financial Daily from THE HINDU group of publications
Thursday, Nov 28, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Industry & Economy - Economy


Strengthening IPRs can boost GDP, says Kalam

Our Bureau

HYDERABAD, Nov. 27

THE President, Dr A.P.J. Abdul Kalam, has emphasised the need to streamline and strengthen the intellectual property rights (IPRs) and convert them into viable business propositions. This, he said would help sustain a better GDP growth and become a developed country by the year 2020.

Addressing scientists and researchers at the silver jubilee celebrations of the Centre for Cellular and Molecular Biology (CCMB), Dr Kalam said that value addition to the agricultural produce, strengthening the education and healthcare systems, leveraging the information technology and communications, developing infrastructure and gradually becoming self-reliant in the crucial technologies will make India globally competitive.

The President said that the GDP growth, currently pegged at about 5 per cent, could be raised to about 10 per cent if crucial facilitating issues were addressed in the next five years.

The sustained effort to increase the GDP can be achieved provided we emphasise and focus on value addition to agricultural produce by developing downstream post-harvesting and food processing industry, he said.

Since about 70 per cent of the country's population was dependent on agricultural produce, emphasis on these areas was necessary to boost the sector, Dr Kalam added.

Dr Kalam said that in the next 18 years, it would be possible for the country to transform into a developed nation provided we leverage the country's diversity, particularly in the healthcare system.

Send this article to Friends by E-Mail
Comment on this article to BLFeedback@thehindu.co.in

Stories in this Section


SC reserves ruling on limited mobility
`With reforms, India can take on China'
Strengthening IPRs can boost GDP, says Kalam
Globalisation inevitable, says Rahul Bajaj
Excise holiday boosts investments in N-E — Hind Lever, SmithKlineBeecham lead the way
`Scope to widen India-China trade ties'
S. Korea keen on tie-up in IT, textile sectors
NACO bid for cheaper AIDS drugs
Workshop on info systems for healthcare
Rs 1,369-cr scheme before Hudco
Plea for more managerial autonomy for PSUs
DisComs privatisation: Karnataka Govt to begin with urban circles
ADB consultants moot corporatisation of KSEB
Tenders for 62 small hydel projects
Financial revamp will help steel cos turn around: Crisil
Move to create sugar buffer cheers industry
`Businesses need tax incentives to corporatise'
Bescom's new tariff order on deposits puts SSIs in a spot
Diploma in health management
Domestic newsprint cos may revise prices in last quarter
British Business Group launched
US seeks friendly regime: Envoy
Rs 4,387-crore Nabard outlay for Coimbatore
Nabard sanctions Rs 118 crore
Domestic air traffic showing signs of recovery post-9/11
Meet on composites to begin today
Hyderabad Engagements
EEPC chalks out 3-point strategy — Eyes $10 b by 2006


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line