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States » SouthPosted at: May 22 2025 6:44PM


Identifying employment generating sectors is vital for economic development: Dr C Rangarajan

Hyderabad, May 22 (UNI) ICFAI University Chancellor and former RBI Governor Dr C Rangarajan on Thursday said that identifying employment-generating sectors is required for economic development to reach the masses.
In his inaugural address at the two-day Annual Doctoral Thesis Conference organized by the ICFAI School of Social Sciences, in collaboration with the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, here, Rangarajan ,pointed to some of the challenges in Government of India's goal of 'Viksit Bharat', or transforming India into a developed nation by 2047.
He explained that an yearly economic growth rate of over 7 percent would be required in the coming years.
IGIDR Vice-chancellor Prof. Basanta K Pradhan in a special address on "Climate Finance: Mechanisms, Challenges, & Current State of Research" emphasized the need for an interdisciplinary approach to environmental protection.
IFHE Vice-Chancellor Prof. LS Ganesh, in his address called for an academic discourse on the paradoxes within sustainable development initiatives being followed worldwide. He thinks that a systems science approach is essential to resolve global issues on climate change.
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