Govt to ease education sector norms to clock 10% growth: Montek

New Delhi, Jan 9 (PTI) The government of India on
Saturday assured the NRIs it would remove regulatory
constraints to encourage their participation in the education
sector as skill development was necessary to achieve 10 per
cent economic growth in the country's 12th Five-Year Plan
(2012-17).
"It is quite logical to enable NRIs to play part in
expansion of education and to improve quality of skill
development. There are regulatory constraints, which may come
in the way...we are working to relax them," Indian Planning
Commission Deputy Chairman Montek Singh Ahluwalia said at the
Pravasi Bharatiya Divas, India's flagship annual event to
connect with its diaspora spread across the globe here.
He further said skill development was necessary to
achieve the 10 per cent economic growth rate as desired by
Prime Minister of India Manmohan Singh.
"We will run into skill constraints (to achieve high
growth rate)...one of the critical factors is massive
expansion of education system in India," he said.
Ahluwalia further said efforts would be made to achieve
nine per cent growth trajectory by the end of the Eleventh
Plan (2007-12) and 10 per cent growth rate in the next
Five-Year plan.
Indian economy was expanding by nine per cent before the
global financial meltdown hit the world and pulled down the
country's GDP growth rate to 6.7 per cent 2008-09. MORE PTI