Global economic experts gathered in New Delhi on Friday to spotlight India’s rising star in the world economy. They called for key reforms to fuel even stronger growth, sharing their views at the fourth Kautilya Economic Conclave 2025.
Lord Karan Bilimoria, a member of the UK’s House of Lords, joined the event for the first time and raved about it. “This has been outstanding in discussing India’s economic backdrop along with global challenges and opportunities,” he told on the sidelines. The conclave draws top economists, business leaders, and politicians from around the globe to tackle these big issues.
Jean-Claude Trichet, the honorary governor of the Bank of France and former president of the European Central Bank, sees huge potential in India’s path forward. He explained that sustained economic growth could help India live up to its Constitution’s promises of justice—social, economic, and political. Trichet pushed for smarter fixes in the justice system, saying it’s not just about raising judges’ salaries. Instead, streamlining it could slash investment risks and save billions of dollars for the economy.
Jean-Pierre Landau, a professor at Sciences Po in Paris and former deputy governor of the Banque de France, has attended the conclave for three years running. He’s watched India grow bolder on the world stage. “I’m impressed by the feeling that India is softly, not aggressively, becoming more self-confident about its future and stabilizing role in the world economy,” Landau said.
Landau dove into the hot topic of digital currencies, highlighting both upsides and pitfalls. These innovations could bring financial services to unbanked people worldwide, he noted, but they need solid public infrastructure to work safely. He gave a shoutout to India’s digital payment systems, which experts view as a global benchmark for fast, reliable tech.
Amid all the world’s uncertainty and market swings, Landau stressed the need for stability and predictability to attract investments and drive growth. Events like the Kautilya Economic Conclave offer a prime spot to brainstorm solutions and build that confidence in India’s economic future.
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