•  Keeping in view the burden of human resource development on the State and its reduced capacity to generate required resources, there is greater need for public-private partnership in expanding the facilities for augmenting critical mass of skilled workforce to respond to increasing demand to adapt to new technology in all areas of production whether industry or agriculture.
Since it is difficult to cut nominal interest rates below zero, conventional monetary policy is more likely to be constrained at low levels of the natural interest rate. The higher the natural interest rate, the more space central banks have to cut policy rates in response to an economic downturn, easing the conduct of conventional policy. Conclusion So where does this discussion leave us?