Singh stresses knowledge for growth

DoNER minister VK Singh said that knowledge is a key resource for achieving economic growth and social development.

In his address at the IIT-Guwahati convocation ceremony on Sunday, the former army chief said that the knowledge revolution has restructured manufacturing processes, redistributed markets, redefined relations among nations and refined methods of governance.

Singh maintained that the country should focus more on innovation to make it a centre of industrial activities instead of just becoming a mere destination of outsourcing.

“The country needed to devote its energy to the manufacturing sector with efficient and robust processing techniques,” he said adding that there was an overriding priority to undertake technology development in different fields and make the country a nerve centre of industrial activities.