“There is a tremendous amount of distress in the agricultural sector and I believe that farm loan waivers don’t solve the problem on any kind of permanent basis. A cash transfer would be absolutely better than loan waivers and it would be more broad-based. Indian growth is high. We still say that it is the highest growth rate for a large economy, so that is a big positive. India is expected to remain the fastest growing major economy in the world for the next two years even as global growth slows down.”
IMF chief economist Gita Gopinath on sidelines of the World Economic Forum in Davos
Author Profile
- India Writes Network (www.indiawrites.org) is an emerging think tank and a media-publishing company focused on international affairs & the India Story. Centre for Global India Insights is the research arm of India Writes Network. To subscribe to India and the World, write to editor@indiawrites.org. A venture of TGII Media Private Limited, a leading media, publishing and consultancy company, IWN has carved a niche for balanced and exhaustive reporting and analysis of international affairs. Eminent personalities, politicians, diplomats, authors, strategy gurus and news-makers have contributed to India Writes Network, as also “India and the World,” a magazine focused on global affairs.
Latest entries
India and the WorldNovember 19, 2024G20 launches Global Alliance against Poverty, Modi champions Global South- India and the WorldNovember 18, 2024Modi visit: India, Nigeria bolster strategic, economic ties
- India and the WorldNovember 15, 2024Ahead of G20 summit, Brazil’s ambassador stresses on action on UNSC reforms
- Green & CleanNovember 13, 2024Turning the Transition Towards Justice and Equity : UN Chief’s Call to Action at COP29
