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Recovery of Indian economy first priority, Singh says
Published in Saudi Press Agency on 22 - 05 - 2009

India's newly sworn-in Prime Minister Manmohan said today his government would focus on restoring the country's economic growth in a way that includes the poor, according to dpa.
"Our first priority is to restore the economy, especially keeping
the global recession (in mind)," Singh told reporters after assuming
office for a second consecutive term.
"Industrial production is down. Certain sectors need revival,
though the Indian economy is not so badly affected. Corrected
measures have to be taken," he was quoted as saying by the IANS news
agency.
"Growth will be our main focus. And when I mean growth, I mean
inclusive growth that will carry everyone along, including the
underprivileged in the country," he added.
On the foreign policy front, Singh hoped that neighbouring
Pakistan would cooperate with India on all matters, including not
allowing terrorist activities on its territory.
New Delhi halted a bilateral peace process with Pakistan after the
attacks on Mumbai by Pakistani-based Lashkar-e-Taiba militant group,
which left over 170 people dead last November.
"Terrorism is a problem everywhere. My sincere hope is that
Pakistan would cooperate with India on all matters," Singh said.
India's business chambers meanwhile expressed hope that Singh's
second term will bring political stability in the country and put
India back on a path of strong growth.
"Under the leadership of Manmohan Singh, we are sure that we would
get a conducive economic environment in which we could propel growth
and go back to the 9-per-cent-growth trajectory," said Harsh Pati
Singhania, president of the Federation of Indian Chambers of Commerce
and Industry.
"We are happy with the achievement of political stability which
will facilitate the acceleration of the reform agenda," he added.


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