States need to do their bit for India’s growth: Suresh Prabhu

Source:  timesofindia.indiatimes.com

NEW DELHI: Railway minister Suresh Prabhu said on Saturday that India can be $20 trillion economy if it continues to grow at 9%.

Addressing the ET Global Business Summit, Suresh Prabhu said that “states also need to do their bit for India’s economic growth”.

Talking about railways, Prabhu said that if we do not make any investment in railways today, then tomorrow there won’t be any revenues and deterioration of services.

“Railways alone can add 2-3% to India’s GDP,” Suresh Prabhu added.

Addressing the Economic Times Global Business Summit on Friday, Prime Minister Narendra Modi had vowed to push through change at a fast pace but said subsidies should be continued to protect the interests of the poor. More info

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