Indian economy is doing well: WEF chief
New Delhi: India is clocking an impressive growth and will be able to maintain it as long as it keeps churning out reforms, said Borge Brende, president of the World Economic Forum Presi- dent. Brende, a former foreign minister of Norway, spoke to WION on a host of issues ranging from global economic growth to opportunities that India can cash on in the Fourth Industrial Revolution. Edited excerpts:
What brings you here?
We are marking the opening of the Centre for the Fourth Industrial Revolution. It’s a cooperation between WEF and important businesses. It’s a follow-up of PM [Narendra] Modi’s speech in Davos that India will leapfrog
Anticipation of more measures to attract FDI and be on top of 4th Industrial Revolution.
How do you see India’s reform process?
Indian economy is doing well. India is the 6th largest economy and witnessing the fastest growth among any of the leading economies. Eight per cent growth is expected this year and that is an achievement.
To keep that kind of growth in a difficult environment where we are seeing a lot of risk factors, India needs to keep its reforms going.
And the ease of doing business has improved in India...
I hope this will continue. Moving forward, make sure India is leading in new technologies like blockchain, AI and drones.
Turn to P4 New Delhi: While allegations fly thick and fast against Union minister M J Akbar and others in positions of power, Minister for Women and Child Development, Maneka Gandhi, proposed a panel of legal experts to look into the complaints.
Gandhi said that she believed in the “pain and trauma” of every complainant. “I am proposing to set up a committee with senior judicial and legal persons as members to look into all issues emanating from the #Metoo campaign,” she said on Friday.
She explained that the committee would look into the existing legal and institutional framework for handling such complaints, and advise the ministry on how to strengthen them. “These cases have been elephants in the room for 25 years,” she said. “The question is how can they prove these after all these years... The first thing to do is naming These cases have been elephants in the room for 25 years. Naming and shaming these monsters will go a long way in lessening the pain these women have been carrying
Maneka Gandhi, and shaming these monsters. This will go a long way in lessening the pain these women have been carrying.”
Gandhi said even anonymous complaints will be addressed. “Regarding taking action against those that are in office, I am really hopeful that the system will react because I believe that these complaints are true,” she said. “We don’t save our daughters to allow big shots to insult them later in life.”
Time for truth: Raga