By all estimates, the Indian economy has entered a phase of recovery. After a period of subdued growth that was marred by a spate of disruptions, India has regained the fastest-growing major economy tag and a growth rate exceeding seven per cent is expected this year.
Over the past few weeks, a ferocious disagreement has raged between several Indian economists. The heart of the matter concerns the impacts of demonetisation and the goods and services tax (GST) on India’s broader economy. Let me be clear that I use the word disagreement rather than debate advisedly.
India-China civil-society dialogue on climate change, sustainable development
China has initiated early actions on the Wuhan summit between Indian PM Narendra Modi and Chinese President Xi Jinping that stressed the need for people-to-people dialogue for the development of not only India and China but the whole world.