Times Network hosts Day 2 of the 5th edition of ‘India Economic Conclave 2018’
Times Network, a part of India’s largest media conglomerate, The Times Group, concluded day 2 of its signature event, India Economic Conclave 2018 in its 5th edition in Mumbai today. Driving this edition’s theme, ‘Shaping India’s $5 Trillion growth agenda’, Day 2 of the conclave witnessed influential leaders, global visionaries and key policymakers address the audience through a series of panel discussions and deliberations on enabling greater economic growth of India.
Celebrating the leadership of Indian economy at the world stage, India Economic Conclave 2018 curated thought provoking sessions, insights and inspiring glimpse into the future with a clear focus to enable the rapid transformation of India to a global powerhouse. M K Anand, MD & CEO , Times Network, delivered the welcome address and Nitin Gadkari, Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development, set the context for the second day of the conclave highlighting his vision on $5 Trillion economy. Arun Jaitley, Minister of Finance and Corporate Affairs, shared his vision to steer the 5 Trillion economy. Piyush Goyal, Minister of Railways & Coal deliberated on the roadmap for $5 Trillion and reflected on the political prism with focus continuity to reforms. During a special panel, Sadhguru, Founder - Isha Foundation and Arianna Huffington Founder- Thrive Global discussed ease of living by ensuring productive and efficient society. Mark Mobius, Founder, Mobius Capital Partners LLP in fireside chat discussed the potential India holds as an engine of emerging markets and Bollywood actor, Ranveer Singh spoke about New Age Role Models.
MK Anand, MD & CEO, TIMES NETWORK said, “India Economic Conclave through the course of its 4 editions has successfully carved its own niche to become the most definitive global platform for driving India’s Economic Agenda. The 5th edition comes in the backdrop of very volatile news flow, with ensuing global trade war on one side and key state election results on the other. From RBI Governor’s resignation to the upcoming general elections, the Indian economy is at an interesting inflection point. With a strong purpose to drive the narrative of shaping the $5 trillion agenda, India Economic Conclave strives to build conversations with policy makers, think tanks and global experts for constructive dialogue and discussions on critical points concerning the Indian economy”.
Nitin Gadkari, Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development, expresses his view about the economic development, “We are very much committed towards progressive development. Compared to the last 60 years with 4 and a half years of our government, we have given an appropriate vision for our country. Agricultural crises are the biggest crisis today! And I have addressed it to the government. We have prioritized agriculture and the growth rate has been raised up by 20%. Without strengthening the rural agricultural economy, the purchasing power of the large population, employment in rural areas the manufacturing and service sectors cannot boost. I am aiming to start about 5 projects for water connectivity which are of Rs. 2 lakh crores”
Arun Jaitely, Minister of Finance and Corporate Affairs says, “How do we deal with the growth target of reaching 5 Trillion dollar economy as soon as possible? We have the satisfaction of having an economy which is faster than any other economy in terms of the growth amongst the major economies in the world. I don't think compared to the last four to five years, we've ever had macro of this kind, where we have inflation under control at a 3-3.5% range. We need to continue with the reform agenda as it will ultimately show good results in the long run. We can improve the rate of 7.4 % and move towards an 8% economy for the next few years and with this, I think our target of reaching a 5 trillion dollar economy over the next few years will become a realizable dream.”
The 5th India Economic Conclave is powered by ET NOW, presented by Capital First and power partner Ravin. It will be aired over a series of episodes on ET NOW, India’s leading English Business news channel.