Sat, Oct 22, 2016 | updated 10:46 AM IST

Indian Economic Summit to throw light on economic issues affecting India's growth

Updated: Oct 05, 2016 17:34 IST

New Delhi [India], Oct. 5 (ANI): The annual India Economic Summit, which will begin here from tomorrow, is expected to hold discussions on every aspect of the Indian economy.

With over 500 business and political leaders, including top policymakers and CEOs, being a part of the two-day summit, it will have a special focus on 'Fostering an Inclusive India through Digital Transformation'.

Also, the co-chairs of this year's Summit are Chief Executive Officer National Institution for Transforming India (NITI) Aayog, Amitabh Kant; Vice-Chairman GE USA, John Rice and Chief Executive Officer One 97 Communications, Vijay Shekhar Sharma.

According to Chandrajit Banerjee, Director-General of the CII, "India's economy is widely expected to grow at around eight percent in the medium term. Identifying the right policies so that we sustain this growth rate for a generation would be the key to achieving the development expectations of our country."

"All the successive governments have followed the path shown by him and the result has been positive so far. It has been huge journey from reaching to million dollar economy to two trillion dollar economy in over the one and half decade," added Banerjee.

Three key topics for the programme are mastering the fourth industrial revolution; driving sustainable and equitable growth and improving the ease of doing business.

The India Economic Summit will also explore issues while engaging the global multi-stakeholder community of the World Economic Forum (WEF) for action and impact.

Minister of State for Commerce and Industry Nirmala Sitharamnan and Sri Lankan Prime Minister Ranil Wickremesinghe will be addressing the Summit on the first day.

The two-day annual event will take up all key issues and look for solutions and measures to be taken up in the next few years. (ANI)