Reforms must create more jobs, benefit all people: PM
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24/06/2004
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Business Line (New Delhi)
Signalling a distinct Centre-Left tilt in the economic priorities of his United Progressive Alliance (UPA) Government, the Prime Minister, Dr Manmohan Singh, on Thursday said reforms were "not just about freeing private enterprise from the shackles of bureaucratic control," and policies aimed at promoting growth must have to "advance the cause of distributive justice and create new employment opportunities." In his first official address to the nation, in which words such as privatisation, disinvestment or labour reforms did not figure, Dr Singh acknowledged that the benefits of accelerated economic growth had "not touched all our citizens in equal measure." Growth, he pointed out, "is not an end in itself" and is only "a means to generate employment, banish poverty, hunger and homelessness and improve the standard of living of the mass of our people."