Monday, November 19 2018

January 23, 2018

Expanding middle class will be the key driver of India’s economic growth: VP

Vice President of India, Shri M. Venkaiah Naidu

Hyderabad – The Vice President said that the expanding middle class will be the key driver of India’s economic growth in the coming years and the need of the hour is to take full advantage of this demographic numbers by creating adequate job opportunities for the young population. He further said that merely turning out lakhs of students with degrees is not enough, we have to provide them skills not




only to earn livelihood but life skills that will enable them to deal effectively with any situation. He opined that the education system should be re-oriented to not only impart life skills to students, but also to ensure that youngsters remain committed to strong ethical and moral values. Whatever be the line of their professional pursuit, they all must remain wedded to India’s age-old cultural and syncretic values best embodied by the concept of Vasudhaika Kutumbakam, he added.




The Vice President of India, Shri M. Venkaiah Naidu has said that every citizen must consider it as his sacred duty to pay taxes as development and welfare measures would suffer if governments do not get adequate revenues. He was addressing the National Seminar on Contemporary Challenges and Issues in Finance, Marketing and Taxation, held at Keshav Memorial College in Hyderabad today. The Deputy Chief Minister of Telangana, Shri Mohammad Mahmood Ali and other dignitaries were present on the occasion.

The Vice President said that while tax evasion has to be dealt with sternly, it should be ensured that there is no unnecessary harassment of the tax payers by overzealous officials. Transparency in governance will ensure accountability and also improve remittances to the government, he added.