The world’s second-largest economy is looking for an answer to the question of whether the industry it dominates can be seen as a model for the rest of the world, when it comes to improving the quality of its paper.
In a wide-ranging interview with The Times Of India, the Prime Minister, the Finance Minister and the Chief Economic Adviser on Wednesday highlighted the need for improvement in paper quality and the challenges that face the paper sector in a changing economy.
The PM and the PMO also spoke about the need to create a strong paper sector, which will help the economy to prosper.PM Narendra Modi is a strong leader, and we have the right person at the helm who will help to take India to the next level, said Manmohan Singh.
This is why we are putting the focus on the sector that has a huge potential.
The Chief Economic Advisor, Rajan Kumar, will help us in making sure that the economy has the necessary infrastructure, said Modi.
The PM, who has overseen the Indian economy for four decades, also emphasised the need of the country’s leaders to be able to do business without having to resort to costly litigation.
The Prime Minister has recently announced a pilot project to create an office for digitalisation in India.
The country’s paper sector is still the world capital for paper output.
Paper mills account for about 70% of the total output, with more than 80% of India being paper-based.
The Prime Minister said India’s paper production, which accounts for almost 90% of global production, will be a critical factor for its growth and prosperity.
The paper sector will play a crucial role in the economy’s future and its ability to serve the needs of society.
We have to create conditions that enable the industry to take root and be productive.
We need to do it through a transparent process.
We will also make sure that paper production is at the forefront of policymaking.
India has the second-highest paper output in the world and it has a good track record in improving the efficiency of paper.
In the last 15 years, India has managed to significantly improve the quality and quantity of paper in terms of its quality, with the paper production rate falling by nearly 30%.
This has enabled the country to reap the benefits of the paper revolution, and it is also helping the economy grow, said the Prime Ministers office.
India is also one of the top producers of pulp, paper and pulp products in the Asia-Pacific region, according to the Indian Government’s National Paper Production Board (NPPB).
Paper production was about 5% of output in 2012-13, down from 10% in 2009-10.
India’s paper consumption is projected to grow by more than 30% from the current level of 8.5% to around 13% by 2020.
This means that India will become a major market for global paper, said Singh.
The Government is looking at ways to support the growth of the domestic paper sector.
This includes a new policy to support paper products and services, a plan to increase production, including by the export of paper to other countries, and a programme to promote the use of renewable energy in the paper industry, said a statement.
The Indian Paper Production Organization (IPPO) will launch an online platform to allow the public to contribute to the development of the Indian paper industry.
India’s Paper Quality Standards Authority (PQSA) will also work to improve the paper quality of all paper produced in the country.
The Narendra Modi Government is also taking steps to support India’s economy by promoting digitalisation and the development and usage of digital technologies in the Paper Industry, said Amitabh Kant, the PM’s press secretary.