India is a fast growing economy. India can become the third largest economy in the world by 2030. In the third edition of What India Thinks Today, India in the New World Order is being discussed in depth. In this conference held in Bharat Mandapam, Delhi on 28-29 March, prominent personalities of politics, sports, cinema and industry are coming on one platform and sharing their views on national and international subjects.
India has strengthened its position globally in the last few years. The world's big economists and policy makers are now seeing India not just an emerging economy, but as a major global power. From the chairmanship of the G20 summit to the Chandrayaan-3 mission, India has increased its credibility on the global stage. In such a situation, V. Anantha Nagaswaran, Chief Economic Advisor of the Government of India, shared his views on the Indian economy in the world on the WITT stage of TV9 India.
Former India High Commissioner in CanadaAjay BisariaCoordinator of the United Nations, Shambi Sharp and former Special Envoy of Pakistan and former Foreign Minister of Maldives, Abdullah Shahid, are expressing their views on India in the New World Order.
Abdullah Shaheed praised India and said that India went to the countries of the world when the epidemic was spread in the country. India provided vaccine to many countries. India has given evidence of its strength from time to time all over the world. India's balanced and Vasudhaiva Kutumbakam's policy on global issues such as Ukraine-Russia War and Israel-Hamas conflict has made it diplomatically and impressive. India's strong relationship with big countries like America, Russia and China gives it an opportunity to play an important role in global balance.
On Climate Change, Shombi Sharp, a resident of India in UN, said on the climate change that this is a chance when we should come together and work on climate sustainability. India is working well on designer management and climate sustainability, but we need to pay more attention to energy saving. Such as renewable energy, green hydrogen energy, green energy and energy security are required. India has targeted Net-Zero carbon emissions by 2070 at the COP26 conference. India is now investing in green hydrogen, solar energy and electric mobility, making it also making its place in climate leadership.
Former High Commissioner of India in Canada on tariff trade warAjay Bisaria Said that the tariff of US President Trump will not have any significant impact on India's economy. The friendship between India and America is strong and India is ready to respond to this tariff war from 2 April.
Dr. Anant Nageswaran is the main economic advisor of India. He took over the post on January 28, 2022 as the 18th CEA of the country. He told on the platform of WITT that India has now become the fifth largest economy in the world and soon it can reach third place. Initiatives like Make in India, self -reliant India, and Digital India of the Government of India are making the country financially stronger. Under the Startup India, India has designed more than 100 unicorn companies, which are installing it as a hub of innovation and entrepreneurship.
Chief Economic Advisor V. Anantha Nageswaran said that India's economy needs to grow at a rate of 7.6% in the fourth quarter to meet its annual target of 6.5%. This optimistic goal is after the growth of the strong third quarter run by domestic demand, export and industrial activity, which has set India as the fastest growing major economy. He said that it is easy to do business in India.
Regarding agriculture, he said that a large amount of people in India are dependent on their earnings on agriculture. In such a situation, the Agricultural Industry of Future. Schemes like Agricultural Mission, Edible Oil Mission, Kisan Samman are very helpful in advancing this industry.
