Antalya, Nov 16: US President Barack Obama on Sunday hailed India’s economic growth and its focus on renewable energy.
Making an intervention during a G20 Leaders Summit session, Obama said the Narendra Modi government’s ambitious plans for scaling up the use of renewable energy combines a concern for environment and creates opportunity for furthering global growth through fresh investment in renewable energy.
It has the potential to create employment, according to a senior official present during his intervention.
The official said that the US President hailed India’s economic growth under Modi’s leadership.
In his intervention, Modi said there is global consensus on the need to address climate change.
“Stable long term global economic growth requires not just capital flows, but also efforts to facilitate labour mobility and skill portability,” he said.
Modi further said India’s economic growth is likely to grow at 7.5 per cent this year and achieve a growth rate of 8 per cent plus in 2016. “Our programmes of inclusive development, including financial inclusion, universal access to basic needs by target year, Make in India, Skill India, Digital India, Industrial Corridors and Smart Cities will boost growth and, employment in India.
