Leaders on India
"Today, India has global responsibilities of a kind that it did not have earlier. Our presence at the high table of global economic policy makers is a matter of some satisfaction. If India can continue to build on its economic strength, it can be a source of stability for the world economy and provide a safe destination for restless global capital."
President and Former Finance
Minister, India (March 2012)
"We are keen to see FDI investment to surge in India and to that end, a favourable business climate will be helpful in going forward. We are encouraged to see there is a continued path towards fiscal consolidation. That there is a determination to improve the tax code. There is a determination to cap the subsidies at two per cent. All of those measures are good measures."
Chief, IMF (March 2012)
"Despite challenging economic conditions,India continues to be among the fastestgrowing economies in the world. Thegrowth might have climbed down to 7% from itsnormal trajectory of 8.5%–9.0%; nevertheless, itcontinues to be impressive in the midst of anxietyall around. A large domestic market led by theemergence of a important middle class population,investor-friendly policies, rising foreign exchangereserves, availability of skills and demographicprospects are some of the strong positives that arebehind the Indian growth story.”"
Director General, Confederation of Indian Industry (CII), 2012