Create well-paid, productive jobs: Arvind Panagariya to young CEOs

India’s private sector needs to come forward to create well-paid and highly productive jobs, Niti Aayog outgoing Vice-Chairman Arvind Panagariya said today. Panagariya was addressing 200 young CEOs who have gathered here to participate in the ‘Champions Of Change’ programme organised by the Niti Aayog. The CEOs, including Rajiv Bajaj of Bajaj Auto and Avni Biyani of Future Retail, are scheduled to have a meeting with Prime Minister Narendra Modi tomorrow during which they will suggest steps for expediting growth and creating jobs.

“India’s big focus is on creating good jobs. The pvt sector has to deliver to create well-paid, high productivity jobs: NITI VC @APanagariya,” the government think-tank said in a tweet quoting Panagariya. Finance Minister Arun Jaitley too addressed the young CEOs and spoke about the Jan Dhan initiative of the government that has helped in pushing financial inclusion.

“Jan Dhan has proved to be a great launching pad to enable Financial Inclusion in India: Finance Minister @arunjaitley” the Aayog quoted Jaitley in a tweet. Jaitley also said the country needs effective regulators. Modi had held a similar meeting with 212 young entrepreneurs last week as part of the ‘Champions Of Change’ programme.

The young CEOs today began deliberations on six themes -New India by 2022, Doubling Farmer’s Incomes, Creating Cities of Tomorrow, Taking Forward Make in India, Reforming Financial Sector and Building World-Class Infrastructure. After the deliberations, the CEOs will make presentation tomorrow to the prime minister on action points that could be incorporated in the 15-Year Vision Document, a senior Niti Aayog official said.

The other CEOs slated to attend the meeting include Priya Pant of Park Hotel and Nikhil Nanda of Escorts.

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