New Delhi: India is poised for a $30 trillion economy in the next 30 years, said Union Minister of Commerce and Industry Piyush Goyal, adding that the country should be aspiring for much faster and much deeper growth. “Even at 8 per cent growth in our GDP over the next 30 years, India may be well beyond a $30 trillion economy. Women power will play an important role in this and there is always space for them on the high table,” he added.
Addressing the FICCI FLO session on ‘Invest in Her: Women Entrepreneurship, Trade and Commerce’ recently, Goyal said that we will never be able to achieve inclusive growth unless women are given importance. “It is the empowerment is ultimately what is going to help all the women in our country. Unless we see more and more women coming into the workforce and see them as entrepreneurs, we can’t achieve our target,” he emphasized.
Speaking on women empowerment, he stated that Prime Minister Narendra Modi has been clear that unless we strengthen the women of India, we will never be able to look at inclusive growth. Whether it is 12 crore toilets, 10 crore cooking gas connections or free ration, it shows the government’s sensitivity. He also emphasized on the need to boost the handloom and handicrafts sector.
Jayanti Dalmia, President, FICCI Ladies Organization (FLO) said that India is poised to benefit from equality where currently only 25 per cent of the labour force is female. The economic impact of achieving gender equality in India is estimated to be US$ 700 billion of added GDP by 2025, she added. /BI/
