Knowledge key for India to become $5 trillion economy, says Gadkari

Knowledge is the most powerful tool for India to become a USD 5 trillion economy and the third largest economy in the world, Union Minister Nitin Gadkari said on Monday. Addressing an event in the Indian Institute of Technology Bombay, he said the future of any country is based on the type of futuristic technology it possesses. Taking technology to the grassroots, particularly in agriculture and rural India, is critical for making India self-reliant and a global power, he said. "IITs and their students have made a great contribution towards the country's development and progress. While working in the government, if we face any challenge, we refer it to the IITs first. The credibility of IITs is so good that the solution we get is widely accepted. In a nutshell, you are the capital of knowledge," the Union minister said. "The progress of the country, resources, and technologies are important, but what is more important is the futuristic technology and knowledge. The future of any ..