President Pranab Mukherjee brings up continuity in India's changes history

Kolkata, Jun 29 President Pranab Mukherjee today said there had dependably been a string of continuity amid each change procedure started in the nation.

"Amid the begin of formative arranging process in the mid fifties till the opening up of the Indian economy in 1991 by recent Prime Minister P V Narasimha Rao, we had constantly balanced with the ground substances," he said.

"There had dependably been coherence," Mukherjee, who will set out his office on July 25, 2017, said at the Indian Statistical Institute (ISI) here.

Mukherjee said when the advancement procedure was introduced 1991, there had been bunches of level headed discussions and people in general were separated in two gatherings, assessment suppliers and supposition searchers.

The advancement procedure gave us alleviation from thoughtless authoritative controls and it was around then that the improvement arranging model of P C Mahalanobis was put to address, he said.

General society division, thought to be the ordering statures in 1962, turned into a delay the exchequer because of enormous misfortunes they were making, the president said.

Yet at the same time, in the most recent decade, PSUs contributed 1.5 times the gross ventures made in them, gave Rs 4.8 lakh crore as profit and Rs 18.7 lakh crore to the administration as assessments, Mukherjee said.

"So there had been adaptability at each point in time with logic. Taking narrow minded perspectives won't be valuable. An instrument can be valuable and beneficial, relies on upon how we use it", he said.