India’s economic growth for 2008-2009 will moderate from 9% to between 7% and 7.5% due to the global financial crisis, Montek S. Ahluwalia, Deputy Chairman of India’s Planning Commission, told participants at the closing plenary of the World Economic Forum’s 24th India Economic Summit. “Even if you take growth at 7%, it is 2% less than what we have had but still higher than what we had four years ago,” he said. “This is not an Indian crisis. We are being impacted by a global crisis.”
While the youth vote in the United States carried Barack Obama to victory in this month’s presidential elections, young Indian parliamentarians speaking at the World Economic Forum’s 24th India Economic Summit, called on their countrymen to pursue the same spirit of change.
Arbind Singh, Executive Director, Nidan, has been announced as the winner of the Social Entrepreneur of the Year Award 2008 in India. Montek S. Ahluwalia, Deputy Chairman, Planning Commission, India, conferred the award on Arbind Singh at the World Economic Forum’s India Economic Summit.
The G20, which recently held a summit on the global financial crisis in Washington DC, is now the key forum for tackling international economic challenges, the Indian Finance Minister Palaniappan Chidambaram told participants at the 24th Indian Economic Summit.
“The prime minister has said that instead of 9% growth, we will have 7-7.5% growth. It’s still a much better growth rate than four years ago, but we’ve never said we won’t be
The GEI's Global Education Alliance (GEA) now active in Rwanda The Forum's Global Education Initiative held a workshop in Kigali, Rwanda. The energies of the GEA will now concentrate on supporting Rwandans to achieve economic growth and move into a knowledge-based society. Learn more
The Forum's Global Education Initiative held a workshop in Kigali, Rwanda. The energies of the GEA will now concentrate on supporting Rwandans to achieve economic growth and move into a knowledge-based society.
