In­dian econ­omy is do­ing well: WEF chief

DNA (Daily News & Analysis) Mumbai Edition - - FRONT PAGE - Sid­hant Sibal correspondent@dnain­

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

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