Hon'ble Vice President Urges Indian Corporates to Invest in Rural Development
The Hon'ble Vice President of India, Shri Jagdeep Dhankhar, has called upon Indian corporates to take a more active role in developing rural areas. This initiative aims to bridge the urban-rural divide and foster sustainable growth.
Rural DevelopmentCsrPublicprivate PartnershipsIndiaSustainable GrowthReal Estate MumbaiMar 03, 2025
Speaking at a national conference, he emphasized the importance of bridging the gap between urban and rural communities to achieve sustainable and inclusive growth.
Shri Dhankhar highlighted the vast potential that lies in rural India, both in terms of economic opportunities and social development.
He pointed out that while urban areas have seen significant progress, rural regions still lag behind in terms of infrastructure, education, and healthcare.
By investing in these areas, corporates can not only contribute to national development but also tap into new markets and consumer bases.
The Vice President also stressed the role of Corporate Social Responsibility (CSR) initiatives in driving rural development.
He suggested that companies should align their CSR projects with the government's priorities, such as improving access to clean water, promoting agricultural innovation, and enhancing digital literacy.
This alignment would ensure that corporate efforts complement government programs and have a lasting impact.
Moreover, Shri Dhankhar called for the creation of public-private partnerships (PPPs) to leverage the strengths of both sectors.
These partnerships, he believes, can bring together the resources, expertise, and innovation of corporates with the regulatory and policy frameworks of the government.
This collaborative approach can accelerate the pace of development in rural areas and ensure that the benefits reach the communities that need them the most.
He also highlighted the success stories of companies that have already made significant contributions to rural development.
For instance, several leading corporates have set up rural healthcare centers, established skill development programs, and supported small and medium enterprises (SMEs) in rural areas.
These initiatives have not only improved the quality of life for rural residents but have also created new job opportunities and business prospects.
Shri Dhankhar concluded by reiterating the government's commitment to creating a conducive environment for such investments.
He noted that the government is working on policies and incentives to encourage corporates to participate more actively in rural development.
He invited business leaders to join hands with the government and play a pivotal role in building a prosperous and equitable India.
The call to action from the Hon'ble Vice President has been well-received by the corporate sector.
Many industry leaders have expressed their willingness to explore opportunities in rural development and contribute to the nation's progress.
This collective effort is expected to bring about significant improvements in the living standards of rural communities and foster overall economic growth.
In conclusion, the Hon'ble Vice President's initiative is a step towards a more inclusive and sustainable development model.
By encouraging corporates to invest in rural areas, India can accelerate its journey towards becoming a developed nation, leaving no one behind.
Frequently Asked Questions
What is the Hon'ble Vice President's main message to Indian corporates?
The Hon'ble Vice President, Shri Jagdeep Dhankhar, has urged Indian corporates to invest more in the development of rural areas to bridge the urban-rural divide and foster sustainable growth.
How can Corporate Social Responsibility (CSR) initiatives contribute to rural development?
CSR initiatives can contribute to rural development by improving access to clean water, promoting agricultural innovation, and enhancing digital literacy. Aligning these projects with government priorities can ensure a lasting impact.
What are some examples of successful corporate contributions to rural development?
Several leading corporates have set up rural healthcare centers, established skill development programs, and supported small and medium enterprises (SMEs) in rural areas, improving the quality of life and creating new job opportunities.
How can public-private partnerships (PPPs) aid in rural development?
Public-private partnerships can bring together the resources, expertise, and innovation of corporates with the regulatory and policy frameworks of the government, accelerating the pace of development in rural areas.
What policies and incentives is the government working on to encourage corporate investment in rural areas?
The government is working on policies and incentives to create a conducive environment for corporate investments in rural areas, encouraging businesses to participate more actively in development initiatives.
Related News Articles
What's Next for Real Estate? Expectations from the New Government
The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.
Improving Response to Surveys from High-Income Groups: A Collaborative Effort
The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.
Mahesh Jethmalani on Adani Case: No Allegation of Bribery in India
Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.
Analysts Bullish on HUDCO, Anant Raj, and Other Top Stocks for 2023
Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon
Vishal Garg Shuts Down and Lays Off Better.com's Real Estate Unit
Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.
Mumbai Real Estate Market Shows Signs of Stability and Growth
The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.