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Rising income levels can empower people: Panagariya

Incomes can be increasd by providing people with quality education, the Niti Aayog vice-chairman added.

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Niti Aayog vice-chairman Dr Arvind Panagariya said true empowerment of people can be achieved only when their income level goes up for which, both the Centre and the states must work in tandem.

Inaugurating the three-day Odisha Vikash Conclave here, Panagariya suggested that the Centre and state government must work in tandem to ensure various schemes and programmes aimed at economic growth of the people were implemented in the right spirit.

Panagariya said the best way to enable people to increase their income was to empower them with quality education.

"There can be no better way other than imparting quality education to people to empower them achieve higher growth rate. Once they are empowered, they will afford for good food, cloth and houses which will contribute to the building of a great nation," Panagariya said.

When economy grows, it generates income and directly empowers people. Apart from meeting their food, cloth and shelter, they make good spending in healthcare and quality education, he said.

Noting that Odisha has made considerable progress in poverty reduction in the last few years and achieved higher economic growth rate in recent years, Panagariya said this tempo should be maintained.

Addressing the function, Union Petroleum Minister Dharmendra Pradhan said in order to empower the people, the state should think of a sustainable economic model, instead of relief-centric model.

"Relief centric model can bring temporary happiness, but it cannot bring sustainable development," he said.

Odisha's Health and Family Welfare Minister Atanu Sabyasachi Nayak and NALCO CMD T K Chand also spoke on the occasion. 

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