Karnataka Industry remembers Sir MV on Founders' Day

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Bangalore, Sep 17 (UNI) The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) today celebrated the 'Founder's Day' on the occasion of the birth anniversary of philosopher, statesman and engineer par excellence Sir M Visweswaraya.

Showering accolade on its founding father, FKCCI members said Sir MV, recipient of Bharat Ratna, was a prophet of dynamic stability and an architect of an unique blend of initiative and wisdom.

Delivering the Sir MV Memorial lecture, Union minister of State for planning M V Rajashekaran said by building the physical infrastructure to the world standard, India could become the industrialised nation, the vision of the great engineer had dreamt more than 50 years ago. The country's 11th five year plan envisaged fast paced development of infrastructure and development of skills among the youth to achieve higher rate of industrial growth.

The Minister called upon the Industrialists to help the country surpass ten per cent industrial growth and 12 per cent growth in manufacturing sector.

Mr Rajasekharan said the licensing in Industries had been eliminated in most sectors, but curbs still existed in a few like pharma and sugar. There was need to bring a licence free raj in Industrial Sector, he added.

Similarly, all the states should implement the Value Added System(VAS) for better financial stability of the states, he said.

He said the SEZ policy should be farmer friendly. ''We need SEZs, as it can bring development in underdeveloped areas and create a large number of employment,'' he added.

Woman should be given preference in employment to improve their percentage in the Industrial Sector, he said.

Karnataka Governor Rameshwar Thakur said Sir MV's ingenuity and foresight had led to the building of numerous irrigation, electricity, railway and industrial projects in the country.

Noted industrialist Vijay Sankeshwar was accorded this year's Sir MV award by the FKCCI.

UNI

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