Sunday, January 30, 2011

A crash course in understanding India's struggles for 'Inclusive Growth' and her Economic Agenda for Future

The World Economic Forum held at Davos has now become an annual event where who's who of policy makers of world economies and head honchos of big business assemble to discuss some of the more pressing economic issues. This year the BRIC countries (Brazil, Russia, India, China) are very heavily represented - they have the biggest delegations at Davos.

Here are a couple of videos which provide some really good insight into India's struggles for 'Inclusive Growth' and her 'Economic Agenda for the Future'. The diversity of the panel and different points of view makes the two discussions below especially insightful. The names of the panelists are listed below the embedded video.

I. India and Inclusive Growth:

Panel from the left: Vikram Chandra (Host/Presenter, NDTV), P. Chidambaram (Minister of Home Affairs - former Finance Minister, India), Min Zhu (Special Advisor, IMF), Chanda Kochhar (CEO, ICICI Bank), Michael Elliot(Editor, Time International), Salil Shetty (Secretargy General, Amnesty International)

II. India's Economic Agenda for Future:

Panel from left: John Defterios (Anchor, CNN Marketplace Middle East), Anand Sharma (Minister of Commerce and Industry of India), N. K. Singh (Member of Parliament, India), Shyam Saran (Special Envoy of the Prime Minister of India, Global Agenda Council on Climate Change), Montek S. Ahluwalia (Deputy Chairman, Planning Commission of India), Hari S. Bhartia, (Co-Chairman and MD, Jubilant Organosys, India & VP, CII), Reuben Abraham (Exec. Director, Centre for Emerging Markets Solutions, Indian School of Business)

2 comments:

Bhuv Gupta said...

yes it is true that major chunk this time is from the BRIC nations as they today represent the figures of growth and such bias always existed with the one having the higher edgd always had the higher concentration. But this forum has only economic issues to discuss and more to say only make the whole world new of the upcoming billonaires and rest all issues are a mere sham.

picordecerebro said...

Bhuvnesh, thanks for your comment. I think i can understand the cynicism - after all no body understands the disparity between the poor, the middle class, and the rich better than we do in India. When i posted the two videos on this blog, i did not endorse comments from any particular "expert" - i just indicated that these discussions could help one understand what different issues were as regards to India's efforts to pull its populace from below the poverty line to "mainstream" so they can share the good that a high rate of economic growth can potentially bring.
Moreover, participation, not just by voting and by voicing ones opinion in public sphere, but also by engaging in doing something useful is far more important than being a silent critic of anything and everything. For that to happen, the more we learn about what our issues are, and the more we think about how we can make a difference, the better.