Economic growth will meet security concerns
Ease of doing business, stresses Niti Aayog Chairman, Amitabh Kant, is vital here in India. The nation, he says, is home to the largest population of youth, a factor we could use to our advantage. India also needs to be a more vital cog in the global supply chain. "Over the last five years, India has achieved sseveral of these goals. The nation has opened up vast sectors, FDI has grown significantly and new technology has entered the fray. India will grow on the back of this." India is the only country with over a billion biometrics, accounts and mobiles, making the nation a powerhouse of data. "Every digitised financial transaction can be tracked with ease and GST has given this another boost." All this has resulted in an ecosystem where the private sector can innovate. "There are 30,000 startups in India that span various sectors, from nutrition and health to education."
◗ In December, the United Nationsl Climate Change Conference, will meet for the 25th time. "We have been talking about climate change, the science has confirmed it and now we're seeing manifestations on the ground. But are we any closer to a solution," said Suresh Prabhu, India's Sherpa to the G20. "Do we have what it takes to deal with the emerging challenges?" Representing nearly 80 percent of the world's GDP, the G20 could be pivotal in tackling issues that dog the world as a whole, from terrorism to climate change.