"Whether it is rapid urbanisation, climate change or energy security, our scientific and entrepreneurial energy should be channelled to spark a second green revolution, find new pathways for sustainable growth and living and make green growth of profitable business propositions," the Prime Minister said.
Speaking at the 57th annual convocation of the Indian Institute of Technology here, Singh said the economy had gone through an agricultural revolution, a manufacturing revolution and an information technology revolution.
"But none of these sectors individually can be a panacea for the problems of such a large and diversified economy like India," he said, suggesting that each of these sectors has to develop and grow together.
"We need to develop the soft skill necessary to multiply output and productivity from our huge intellectual and physical resources." Singh said there was a need for managerial and technical software to power the next generation of growth and development.