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Increasing investments in manufacturing sector will enable faster growth: Arun Jaitley

Posted January 7th, 2015, 12:44 PM IST

Increasing investments in manufacturing sector will enable faster growth: Arun Jaitley

Finance Minister, Arun Jaitley spoke to the investors at the Bengal Summit on January 7, 2015.

Arun Jaitley stressed on the need to re-establish the state of West Bengal as an Industrial hub. He encouraged investors to invest the manufacturing sector of West Bengal. Industries should create an environment that can ensure investment, thus resultinmg in greater future investments. The economic growth will depend on the cooperation between the Center and the states.

“The manufacturing can create jobs, people will shift from the agriculture sector to the manufacturing sector, ” added Arun Jaitley. West Bengal has a history of intellectual capital, has been agriculturally strong and also has largest industries. Re-establishing the state of West Bengal is the biggest challenge in the present economic scenario.

Greater investments in the manufacturing sector will enable higher revenues, public spending and faster economic growth.

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