Affirmative action important for growth: PM's Trade Council
Sanjeev Sharma
Tribune News Service
New Delhi, April 1
A sub-committee of the Prime Minister's Council on Trade and Industry
has recommended that as part of affirmative action and corporate
social responsibility, no SC/ST trainee should be turned away by any
skill development centre. In vendor development, preference should
also be given to SC/ST entrepreneurs.
The sub-committee on skill development, affirmative action and
corporate social responsibility also recommended that industrial
houses be encouraged to set up own training institutes or take up
existing centres under the public-private partnership (PPP) mode.
The sub-committees of the Council that had worked on five areas
presented their reports. These include financial inclusion, tribal
area development, public private partnerships in R&D, agricultural
production and food security and skill development, affirmative action
and corporate social responsibility.
On behalf of the sub-committees presentations were made by Ratan Tata,
Chanda Kochhar, Jamshed Godrej, AS Ganguly and Sunil Kant Munjal.
The Prime Minister said that the government would carefully study the
recommendations and ensure that public policies are suitably modified
wherever feasible. Some recommendations would be prioritised for
immediate focused attention.
The sub-committee on agriculture, food production and food security
recommended that a comprehensive package of initiatives and measures
should be implemented for meeting the envisaged demand for food in
2020. This includes liberalising procurement of agricultural
commodities, trading, storage and transportation, encouraging private
investment in agriculture value chain, reforming minimum support price
regime, developing the reach and effectiveness of rural credit,
agriculture insurance etc.
On PPPs especially in R&D, the sub-committee recommended establishment
of a public fund for investments into PPP projects for R&D in five
identified sectors for formulation and implementation.
On tribal area development, the subcommittee has, recommended that the
control of tribal people over Minor Forest Produce (MFP) should be
made effective by definition and notification of MFP by the state
governments, as per the Forest Rights Act; announcement of minimum
support prices (MSP) for MFPs and an effective mechanism for ensuring
fair prices to collectors of MFP.
On financial inclusion, the sub-committee has recommended allowing of
'for profit' entities to be business correspondents, allowing
low-value remittances by non-banking players and sharing of common
infrastructure.
In future, all government payments including subsidies can be paid
through such no-frills accounts.
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