Indore, Oct 19 (UNI) Planning Commission Deputy Chairman Montek Singh Ahluwalia today said enhancing the education levels and developing skills of the people were imperative for keeping in step with a nine per cent GDP growth.
''The present education level and skill development are suitable only for a five to six per cent growth rate,'' he told reporters here.
While stressing on infrastructure development, the economist said several lacunae existed in the health sector.
''The situation in that sector is not right and more attention is required as indices are below global average. Plans have hiked the provision for health and higher education. In the next Plan, more funds will be provided for skill development and higher education. The target is to hike agricultural development rate to four per cent. It has been declining after 1996,'' he pointed out.
Reacting to the subject of Gross Domestic Product (GDP) not depicting the country's true condition, Dr Ahluwalia said the subject of GDP not revealing prosperity has been raised more than once.
''Increase in the growth rate should benefit people. Former President A P J Abdul Kalam's suggestion for a National Prosperity Index is a complex matter. Madhya Pradesh's proposed Global Investors' Summit is a good step and other states should take measures in this direction,'' he added.