We must keep growing at 8% per year for a Viksit Bharat: FM Nirmala Sitharaman

We must keep growing at 8% per year for a Viksit Bharat: FM Nirmala Sitharaman

New Delhi: India needs to sustain an annual growth rate of at least 8% to achieve the vision of Viksit Bharat, Finance Minister Nirmala Sitharaman said on Friday while inaugurating the Kautilya Economic Conclave (KEC) in New Delhi. 

Now in its fourth edition, the Conclave is an annual gathering of experts in the field of economics and public policy. Convened by the Institute of Economic Growth (IEG) and the Ministry of Finance, Government of India, the KEC holds discussions on various urgent matters affecting the economy as a whole, as expected by this years theme ‘Seeking Prosperity in Turbulent Times’. During the 3 day conclave, leading domestic and international voices in the sector, including Mr. Jean-Claude Trichet, Honorary Governor of the Banque de France, Mr. Taro Kono, Member of Japan’s Liberal Democratic Party, Mr. Bai Chong-En, Dean of the School of Economics and Management at Tsinghua University and Mr. Andres Velasco, Dean of the School of Public Policy at the London School of Economic will discuss and suggest strategies crucial for India to enter the league of developed nations by 2047.

Along with this, Union Minister Jyotiraditya Scindia will also lead a session on “Communications: Emerging Technologies,” focusing on digital infrastructure and AI. Principal Secretary to the Prime Minister, P.K. Mishra, will also lead a session that discusses financial governance reforms and global macroeconomic stability.

External Affairs Minister Dr S Jaishankar will close the session with reflections on India’s foreign and economic policy on October 5.

Abizar Attari
Assistant Editor

I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.

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