India’s growth story a work in progress: PM

Updated - May 21, 2016 01:55 pm IST

Published - April 30, 2014 11:32 pm IST - NEW DELHI:

Prime Minister Manmohan Singh with Planning Commission Deputy Chairman, Montek Singh Ahluwalia during the internal  Planning Commission meeting in New Delhi on Wednesday. Photo: Ramesh Sharma

Prime Minister Manmohan Singh with Planning Commission Deputy Chairman, Montek Singh Ahluwalia during the internal Planning Commission meeting in New Delhi on Wednesday. Photo: Ramesh Sharma

Prime Minister Manmohan Singh on Wednesday said India’s development story was “a work in progress” and that “there is a lot of distance that is still to be covered.”

He was speaking at his farewell speech at the Planning Commission, with which he has been associated for the past three decades.

“The external world is changing rapidly. The structure of the economy and the role of the state in the economy are also changing.

“With an increasingly open and liberalised economy with a greater reliance on market mechanisms, we need to reflect on what needs to be the role of the Planning Commission in this new world,” Dr. Singh said. Recalling his association with the panel for a decade, he said: “What the Planning Commission has achieved over the last decade gives me confidence that it can address these challenges and questions. I am sure it will subject itself to a critical review and will continue to play a leading role.”

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