With planning commission abolished, fresh efforts needed to ensure social, economic equality: Manmohan Singh

The noted economist said high employment generation was imperative to ensure social justice.

Published: 05th October 2017 12:19 AM  |   Last Updated: 05th October 2017 02:18 AM   |  A+A-

Former Prime Minister Manmohan Singh (Photo | PTI)


BENGALURU: Advocating higher growth rate, former Prime Minister Manmohan Singh on Wednesday called for more economic reforms to ensure social equality with inclusive growth.

"We embarked upon economic reforms to open up opportunities to the people born without social privileges. I must confess that the process is not complete. We need more such reforms and higher growth rate for social equality," said Singh at a function here.

Inaugurating the academic session of the newly set up Bengaluru Dr B.R. Ambedkar School of Economics, Singh said with the abolition of the Planning Commission, fresh efforts were needed to ensure social and economic equality.

"In our republic, we have equality in politics but inequality in social life. In politics, we have one vote for one man but the same is denied in social life. How long can we deny equality in social and economic life? Fresh efforts have to be made to keep inequality in control," asserted Singh, quoting from Ambedkar's speech in the Constituent Assembly.

Hoping that scholars from the new economics school would help in finding ways for a cohesive growth, the noted economist said high employment generation was imperative to ensure social justice.

The National Democratic Alliance (NDA) government at the Centre abolished the Planning Commission in 2014 and set up the National Institution for Transforming India (NITI) Ayog in its place on January 1, 2015.

Noting that Bengaluru had several institutions of higher learning and were among the best in the country in their respective fields, Singh said the state-run Ambedkar School of Economics should follow the same principle to become a renowned institute.

"As Bengaluru did not have an institute to teach social sciences in its entirety, this school would not only fill the vacuum to learn economics, but also give opportunity to budding economists, as it is dedicated to comprehensive study of economics," added Singh.

Former Reserve Bank of India (RBI) Governor C. Rangarajan, Karnataka Chief Minister Siddaramaiah and Congress leader in Lok Sabha Mallikarjuna Kharge were among the dignitaries present on the occasion.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp