The way forward for the Indian economy

Several challenges confront the Indian economy – both external and internal. Aspects of the new international environment such as rising nationalist sentiment and resulting opposition to manufactured imports from developing countries, and emergence of competition from robotised manufacturing in developed countries, make it difficult for India to follow the same growth path as followed earlier by China and other East and Southeast Asian economies.

Key internal issues include the fragility of the banking sector, especially public sector banks; implementation of land and labour market reforms; rural distress; poor quality of public education and the need to impart skills to the barely literate entrants into the labour force.

‘Ideas for India’, in collaboration with IGC India and Indian Statistical Institute, is hosting a panel discussion on the main challenges facing the Indian economy today and possible ways out of them. The panellists are K.P. Krishnan (Ministry of Skill Development and Entrepreneurship), T.N. Ninan (Business Standard), Ila Patnaik (National Institute of Public Finance and Policy), and Sanjeev Sanyal (Ministry of Finance). The moderator of the discussion is Ashok Kotwal (Ideas for India).

The event is open to the public. To RSVP, please email [email protected] or call +91 995 320 7240.