‘Pump more money in villages to beat slump’

To beat recession,money should be pumped into rural economy. This was suggested by former President Dr APJ Abdul Kalam today while interacting with the students of DAV Institute of Engineering and Technology (DAVIET).

Written by Express News Service | Jalandhar | Published:March 26, 2009 1:39 am

To beat recession,money should be pumped into rural economy. This was suggested by former President Dr APJ Abdul Kalam today while interacting with the students of DAV Institute of Engineering and Technology (DAVIET).

While replying to a question of a student that whether his Vision India-2020 would be realised when recession and terrorism have gripped the country,he said,“It could be realised if we focus on our agriculture sector to overcome recession. Indian economy is savings-oriented,and the country can get 8 to 9 per cent GDP growth by 2010 if the urban-rural divide is reduced to a thin line.”

About the Indo-Pak relations,he said the European countries had fought for over 100 years and also faced two World Wars,but they have now formed the European Union and want peace. He said Europe’s example should be emulated here. He told the students that no one but parents and primary schoolteachers could inculcate patriotic feelings in a child. He said his primary schoolteacher and his professor in the college have always been his inspiration and role models.

Listing peaceful applications of nuclear energy,he said it could be used for power generation and curing diseases like cancer. He told the students and the faculty that brain drain would be reversed in India,when brilliant minds from other countries would come here to work. “Agriculture,industry and service sector should work together for the development of the country,” said Kalam.

Earlier,he conferred degrees upon meritorious students at Dr BR Ambedkar National Institute of Technology (NIT). NIT Director Professor Moinuddin,former Punjab Technical University (PTU) Vice-Chancellor Dr SK Salwan and Principal Scientific Adviser YS Rajan were also present on the occasion.

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