Mumbai, 11th June 2015: Focus on innovations, inventions and fresh thinking in the areas like education, health, food and housing can help India become $20 trillion economy from the current around $2 trillion, Union Minister for Women and Child Development Maneka Gandhi said at the 40th Skoch Summit here Thursday.
According to the latest survey report of the National Sample Survey Organisation (NSSO), around a third of rural households and one-fourth of urban ones in India are indebted. Strikingly, the indebtedness spiked between 2002 and 2012 - where the average amount as loan for each family jumped seven times in cities and over four times in rural areas.
Turning 50, this year was for me was not only a personal milestone. In fact, it wasn't a milestone at all - it was a transition. Much like the India we were born into - where prosperity and prospects were both hard to come by - transitioned into an inclusive India we live in today.