South Asia Session World Economic Forum At Davos: Highlights

NDTV.com | Updated: January 21, 2016 17:52 IST

Davos: A panel of leaders are talking about South Asia at the World Economic Forum 2016 at Davos. Here are highlights of the session:

Sri Lanka Prime Minister Ranil Wickramsinghe

We are restructuring our economy
We have got a Free Trade Agreement with Pakistan, India, Singapore and China
We are focusing on Skills, PPP to train for jobs
In private sector all are complaining that the biggest constraint will be skills.
We are looking at social inclusion for private sector to come in.
We cannot be a low wage economy any more.
Education, healthcare, Housing - we have a Million Jobs Programme

Chanda Kochhar, CEO, ICICI Bank

Both job creation and skill development crucial.
40 per cent of population in India less than 20 years.
10 million people added every year to age group.
We were growing on the back of services sector.
We are promoting manufacturing now through Make in India
In terms of creating jobs, we are shifting focus
In terms of skill, we have a huge gap to meet
The entire India is working towards Skill India
Looking at huge amount of PPP
Target is to skillfully train about 400 million by 2020

Pakistan Prime Minister Nawaz Sharif

Government is pumping more money into SMEs
Write easy loan to applicants
50 per cent are females among these
Focusing its energies on this particular thing
We want young people and SMEs to form a part of the major industry that will produce goods for export and Pakistani markets

Published: January 21, 2016 17:45 IST

South Asia Session World Economic Forum At Davos: Highlights

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