Can India Rise To Its Historic Economic Stature? Watch 4th Columbia India Summit

For a staggering one and a half millenniums, India was the largest economy in the world. Subsequently, China overtook India, but the two economies remained the world’s largest until as recently as 1870. This historical fact is the basis of this illuminating discussion on the subject of India’s economic ascendency worldwide in the next fifty years at the prestigious 4th Columbia India Summit: India Rises event, hosted by the School of International and Public Affairs at Columbia University in New York. Featuring distinguished speakers Arvind Panagariya, Chairman, 16th Finance Commission of India, and Amartya Lahiri, Professor at the University of British Columbia, this thought-provoking session is moderated by Aroon Purie, Chairman and Editor-in-Chief, India Today Group. The panellists delved into several key questions including whether India can rise to regain its past economic stature and consequent political and strategic heft, can the nation really be the number one economy in the absence of important natural resources, significant poverty, climate change and a population that will be the largest in the world for the conceivable future. The session also debated the impact of increased geo-economic fragmentation and increasing trend towards de-globalisation, given that India has benefitted from globalisation and cross-border trade and investment flows. The participants also discussed whether the debate around where India is headed economically, and how it might achieve its desired development goals are a “distraction”. Whether you're a seasoned economist, a policy enthusiast, or simply curious about India's economic future, this session offers invaluable insights and perspectives that are not to be missed. Tune in to gain a deeper understanding of India's economic prospects and its quest to return to the 'Old Normal'.