The Indian Economy at a Crossroads

Indian Prime Minister Narendra Modi’s first eight months in office has brought a reenergized focus toward boosting Indian economic growth. Taking office after both Indian GDP and productivity growth reached near-decade lows in 2013, the Modi Administration recognizes that significant reforms are needed if India is to restore the “Indian Economic Miracle”—the nearly two decades of double-digit growth the country experienced in the 1990s and 2000s. That growth sprang from India’s courageous decision in the early 1990s to abandon its post-independence statist and import substitution industrialization economic policies and instead embrace core tenets of free and competitive markets, non-discriminatory trade, and openness to flows of goods, people, technology, and capital.

As ITIF writes in a seminal new report, The Indian Economy at a Crossroads, India needs to build on these principles and embrace a modern economy path that emphasizes across-the-board productivity growth in all sectors based on competitive markets, liberalized trade, streamlined regulations, robust innovation policies, and infrastructure investment. Following this path will enable India able to generate the robust economic and employment growth it needs.

Please join ITIF, in conjunction with the Observer Research Foundation, a New Delhi-based think tank, for a discussion of the report and the policy reforms needed to help India achieve more robust and sustainable levels of innovation, economic, and employment growth.

Registration will open at 11:00 am and a lunch will be served following the event at 1:00 pm. 

Additional speakers to be announced.

(New Delhi time indicated in description.) For more information on location visit this page.