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Govt. of India Needs to Do...

Govt. of India Needs to Do...

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Published by: rajat_singla on Apr 01, 2012
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09/18/2013

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Swati Gupta, Swedha Pati, Vishal Mittal & Vishal Thappa
 
University Business School, Chandigarh 2
It is no way to run this world, but India must shape this emerging worldorder, and not be a passive recipient of what happens. But in order to dothat I think we need three pillars. Two of them get noticed and debatedand discussed in India, but the third does not. First iseconomic strength. If India is not economically strong, it will not have a voice. Second, we musthavetechnological vitality , not just innovation in a traditional sense, not just science, but a capacity to contribute fundamentally new ideas not only 
for India’s development but also for the world’s development. These two
by themselves are necessary but not sufficient conditions for creating theworld of the future. I believe
moral leadership is fundamental and critical for 
India to take its rightful place.
C. K. Prahlad
 
 
What needsto be done ?
Financial Inclusion
Fiscal Consolidation
Calibrated exit from theexpansionary fiscal stance
3
 Uni   v e s i    t    y u s i   n e s  s  S  c  o ol    , C  an d i     g a

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