Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, sees signals of a turnaround in the Indian economy and predicts stronger growth in the second six months of the financial year.
A GDP growth target of 7% next fiscal year is not impossible to achieve.
The government’s latest reforms and the new five-year plan are part of a huge agenda, the majority of which has to be implemented by the states.
The fiscal deficit will be reduced from 6% to 3% of GDP by 2016.
Prime Minister Harper of Canada addresses World Economic Forum on India
Political, historical and social links between India and Canada make them natural partners
Economically, they can benefit from the opportunities each has to offer – India’s enormous consumer market for Canada; Canada’s resources and know-how in the energy, agriculture, infrastructure and education sectors
The countries now have to move quickly to realize this potential, specifically by concluding the bilateral free trade agreement in 2013
Anshu Gupta awarded Social Entrepreneur of the Year 2012 for India by Sheila Dikshit, Chief Minister of the National Capital Territory of Delhi, at a high-level award celebration in New Delhi attended by 200 participants.
All finalists and the winner will be participating in the World Economic Forum on India, held in Gurgaon on 6-8 November.
Learn more about the Schwab Foundation for Social Entrepreneurship at www.schwabfound.org
Though legislation giving women equal rights and opportunities exists, it has not remedied systematic female discrimination.
The fundamental problem relates to negative perceptions and stereotypes of women: changing these perceptions will require a multi-level, sustained campaign throughout society.
If women’s value is not recognized and their marginalization continues, India will never reach economic superpower status on the global stage.
