Govt, pvt sector must join hands to resolve challenges
While the rest of the world is stumbling back from the economic brink, the macro-economic indicators of developing economies such as India and China are bringing smiles to even the most pessimistic world-watcher. And the India story is frankly irresistible. A GDP growth rate that could possibly be just shy of double-digit by next year, the stock market index near its all-time high and the three economic pillars of agriculture, industry and services standing tall and sturdy – the Indian growth narrative is convincing and far-reaching and inspiring. But is this enough?
The India Summit brings together leaders from the government, business as well as the non-government sector. The theme of this year’s Summit is “Implementing India”. Last year, the discussion concluded that the macro-successes of the economy must be extended to those at the margins. India needed an agenda to map out inclusive growth, a term that I hear very often today. This year, the Summit hopes to convert ideas into action and set wheels in motion to further transform India.
For this to happen, we need to understand the challenges that face us. On the flip side of the shining image is the fact that we still
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