23 April, New Delhi
Prime Minister Narendra Modi has pressed for mapping of human resources to develop region specific talents and making the nation a services exports hub.
Inaugurating the Global Exhibition on services in New Delhi Thursday , he said that India’s human resource is its biggest strength and there is immense scope in the services sector.
Modi said that the brain drain has now become a brain gain.
He said, India is going to get younger in the coming days and there is a need to focus on the aspect while thinking about the development journey.
Modi said people of different regions have different talents and the efforts can be made to inculcate specific skills to meet the requirement of the global community.
Modi pitched for making India a hub for global arbitration and asked lawyers not to be scared of foreign competition. He further said that India could become a hub for global arbitration with changes in the legalisation.
The exhibition which is first of its kind in India, will serve as a platform to enhance strategic cooperation and develop synergies between services sector players in India and its global counterparts.
In the three days Exhibition around 60 countries are participating, out of which around 39 countries are putting up their exhibits.
In the event around 18 state governments are also showcasing their stalls with a view to promote variety of services which include, Healthcare,Tourism and IT and Telecom.
The exhibition also assumes significance as the government has fixed a target to double India’s trade in goods and services sectors to 900 billion dollars by 2019-2020. The service sectors contribute 57 percent in the GDP whereas the India’s contributes in global trade is 3.2 percent.