Democracy holds India together as country and economy: BS Panel

Dr. Shekhar Shah, Vice Chairman of the Indian School of Public Policy (ISPP) Academic Advisor Council, recently addresses the audience as a panelist at the Business Standard Platinum Perspectives. Speaking on the topic, [email protected] – Past, Present and Future, Dr. Shah said that the snail’s pace of economic growth during the first 45 years, along with the rising population, has led to discontent. He added that this was a period when India could have done better. He also pointed out that during this period India started seeing the rise of inequality, not only among households but also between states. With India dealing with low-income traps as well as the middle-income trap, where you are not only worried about providing basic amenities such as clean water and air but also worry about innovation and competition, complex problems were created for politicians as well as citizens.

The panel included Akhil Gupta, Vice Chairman of Bharti Enterprises; Yamini Aiyar, President and Chief Executive Officer of the Centre for Policy Research and Andrew Holland, CEO of Avendus Capital Alternate Strategies.

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