Union Minister of Commerce & Industry, Suresh Prabhu, said that as Commerce Minister he has to ensure that services sector grows as it contributes nearly 2/3 of India’s GDP. Addressing the 14th FICCI Higher Education Summit 2018 in New Delhi, he said that Government is striving to enhance the share of the services sector in total GDP of India and is making all efforts to achieve that goal.
The ten Champion Services Sectors can push India’s growth in a big way. Suresh Prabhu said that education plays an important role in equipping students to utilize new opportunities in this sector. The Minister said that along with growth in GDP numbers, employment has also to be taken care of and the services sector can create more jobs for youth of country.
The Commerce Minister said India has always been a hub for new ideas and knowledge and the concept of university is not a creation of modern times. However knowledge has now acquired a global perspective and learners should develop the capacity to embrace new ideas being generated in the world. The Minister stated that the purpose of education is to equip the learners to deal with the challenging situations developing around them.