Business Daily from THE HINDU group of publications
Saturday, Nov 15, 2008
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Business Daily from THE HINDU group of publications Saturday, Nov 15, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Industry & Economy
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Events India Economic Summit begins tomorrow Our Bureau New Delhi, Nov. 14 The annual India Economic Summit, which opens here this Sunday, will focus on ‘Securing India’s future growth.’ The Summit is to focus on some key areas including ‘Managing Risks’, ‘Inclusive Growth’ and ‘Future Competitiveness’ to see how the country can record sustained growth. “The real issue is not what happens to growth this year but in the following years. Since inflation is down, we expect more fiscal and monetary measures to give a momentum to growth. The government should increase expenditure in infrastructure sector and put on-going projects on the fast track,” the Director General, Confederation of Indian Industry, Mr Chandrajit Banerjee, said. Questioned on lay-off, he said the Chamber had not yet seen any lay off at this time. “There is no sign of large-scale lay-offs but there is pressure because of moderation in the economy and manufacturing,” Mr Banerjee said. The three-day event is to be attended by key Ministers including the Finance Minister, Mr P. Chidambaram, the Commerce Minister, Mr Kamal Nath and the Minister of State, Department of Industrial Policy and Promotion, Mr Ashwani Kumar, among others. Mr James H. Quigley, Global Chief Executive Officer, Deloitte; Mr B. Ramalinga Raju, Founder and Chairman, Satyam Computer Services, and Mr Jeffrey Joerres, Chairman and Chief Executive Officer, Manpower, will be among the industry leaders who will be attending the Summit. The event is jointly organised by the World Economic Forum and CII. More Stories on : Events | Economy
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