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'It is essential that economic prosperity reaches 700 million people in rural areas'

August 14, 2008

2020, when you had said India will become a developed nation, is now not very far away. What do you see as hurdles in our path? How can they be overcome?

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I believe it is essential that economic prosperity has to reach 700 million people who are in the rural areas.

The solution is establishment of 7,000 PURAs (Providing Urban Amenities in Rural Areas) across the country and graduating our economic development measure from growth in GDP to growth in National Prosperity Index, NPI.

Image: A child climbs a steep bank of soil to reach her house in a Mumbai slum, June 19, 2008. Millions of Indians flock to urban centres for work, contributing to the current housing shortage of 25 million homes across Indian cities. Nearly 55 percent of Mumbai's population live in slums. Slums have been multiplying 70 percent in the decade since 1991, when India introduced market reforms. Photograph: Pal Pillai/AFP/Getty Images.

Also See: How India Lives

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