30th September, 2003
Ministry of Home Affairs  


ECONOMIC REFORMS HAS BENEFITTED THE COUNTRY AND THE COMMON MAN –SAYS ADVANI


The Deputy Prime Minister, Shri L.K. Advani today said that the Government’s policy on Economic Reforms has benefited the country and the common man. The country is on the thresh-hold of rapid progress in various fields. Inaugurating the 46th Annual Technical Convention of the Indian Institution of Electronics and Telecommunication Engineers, here this morning, Shri Advani said even getting a simple phone connection was a frustrating exercise involving a long waiting period. The same was true for a humble gas connection. In other words wrong policies adopted by the Government had created an economy of shortages. Now, India is rapidly making the transition from an economy of shortages to an economy of surpluses. This has been possible because of the sound and far reaching policies adopted by the NDA Government during the past five years. Giving the example of the Telecom Landscape in India he said the situation has changed beyond recognition. India is one of the fastest growing telecom markets in the world today and a mobile phone is no more a luxury for the common man.

The Deputy Prime Minister said the meaning and applicability of self-reliance has also changed because of liberalization and globalisation. The world has become far more inter-dependent than before and new avenues have opened up for trade, investment, technology transfer and economic cooperation in various fields. India has to fully seize this opportunities coming up in the new era. Nevertheless, self-reliance or the larger concept of Swadeshi has not ceased to have its relevance in the changed situation. Foreign investment, foreign technology, foreign management practices are welcome wherever they are needed but the basic effort has to be our own in terms of human and cultural resources. For this, we have to sharpen our focus on R&D. We will have to learn from the experiences of countries like Japan, Korea, Malaysia and Taiwan. Manpower development is very important for achieving success in this direction. Our efforts must be oriented towards producing quality products with internationally acceptable standards. With growing competition, particularly in fields like information technology, it is extremely important the professional manpower produced by India should be at par if not better with what is available in other countries. He said the end use of all technology is for the progress of human society and for improving the quality of life. Therefore, every organization working in this field must be conscious about this social responsibility.

Shri Advani hoped that the deliberations in the Conference will be fruitful and result in pragmatic and tangible recommendations for policymakers.