Goyal mixes up Einstein with gravity on growth pep talk
Thursday - September 12, 2019 5:38 pm , Category : BUSINESS
New Delhi, Sep 12 (IANS) Commerce Minister Piyush Goyal on Thursday inadvertently erred in attributing the theory of gravity to Albert Einstein while asking the industry not to get into nitty gritties of calculations of growth which requires 12 per cent rate to achieve the envisaged $5 trillion economy.In his address at the Board of Trade meeting under his ministry, Goyal said: "Let's work on the new spirit of enthusiasm, believing nothing is impossible. And together we can achieve that $1 trillion target in five years, dont get into the calculations - that to have a Rs $5 trillion economy, the country will have to grow at 12 per cent, today it is growing at 6-7 per cent - dont get into those maths, those maths have never helped Einstein discover gravity .. if he had only gone by structured formulae, and what was past knowledge, I don't think there would have been any innovation in this world".Earlier the minister had stated the country must target $1 trillion exports in the next five years. While Einstein's general theory of relativity is one of the towering achi evements of 20th-century physics, 17th century English scientist Sir Issac Newton's law of universal gravitation states that every particle attracts every other particle with a force directly proportional to the product of their masses and inversely proportional to the square of the distance between them.