Country must allocate 6% of GDP to edu sector

India's projected 6.5 percent growth rate is a reasonable expectation, considering the complex geopolitical landscape.

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KOLKATA: As a major hub for Global Capability Centres (GCCs), hosting around 40 percent of these centres, India is well-positioned to drive growth, said Sanjiv Puri, President, CII, and Chairman & Managing Director, ITC Ltd, at the CII Conference on Catalysing Growth of Eastern Region in Kolkata.

Puri advocated for 6 percent of national GDP should be allocated to the education sector.

He emphasised the need for Free Trade Agreements (FTAs) and the streamlining of customs tariff structures. The EU free trade agreement holds significant importance for India, and it is anticipated that several FTAs will be established soon, he said.