Finally, he emphasized on World Bank’s objective in reducing world poverty and that India was central to achieving this goal. The organization has charted out optimistic and ambitious scenarios based on India’s current growth rate and its potential and this points to promising outcomes provided the right environment is in place. The one and a half hour talk and Q&A session was an eye opener in terms of firstly, the challenges facing India if it is to achieve significant strides in the manufacturing sector and hence overall growth and secondly, the World Bank’s efforts in this direction.
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