Business Standard

Govt invites Jagdish Bhagwati to discuss agenda for next 5 yrs

Move assumes significance in light of Bhagwati's statement that he would refuse to vote for Rahul Gandhi or Narendra Modi in 2014 polls

Vrishti Beniwal  |  New Delhi 

Jagdish Bhagwati

Eminent economist Jagdish Bhagwati, who hit the headlines after lauding Gujarat Chief Minister for economic growth and entered into a public spat with Nobel laureate Amartya Sen, will now decide the “agenda for the next five years” with the government.

Bhagwati, along with Prime Minister’s Economic Advisor C Rangarajan and Reserve Bank of India Governor Raghuram Rajan, will be speaking on financial sector reforms at the Delhi Economics Conclave, to be organised by the finance ministry , in the capital next month.

The theme of the conclave, to be held on December 11-12, is The Agenda for Next Five Years. Finance Minister P Chidambaram will inaugurate the event which will also be attended by Deputy Chairman Monetk Singh Ahluwalia, other UPA ministers and Oscar Fernandes, and the corporate sector and the banking industry, besides some other leading economists.

The presence of Bhagwati, who had reportedly declined to be a part of the Conclave last year, evokes interests in the light of his statement few months ago that he would not vote for Vice President or Modi if they were the Prime Ministerial candidates in next year’s elections.

The Columbia University professor, however, had admitted that Gujarat, under Modi, had shown rapid growth on major social indicators. Amartya Sen, on the other hand, had said as an Indian citizen he did not want Modi as his prime minister because the latter had not done enough to make minorities feel safe.

“If Sen is bashing Modi purely on the basis of his prejudices, that is his privilege. But it also betrays lack of integrity and judgement. I have no doubt the UPA leaders, all of whom I know well, will be astonished by Sen’s declarations,” Bhagwati had said in an interview to this paper in July.

Later, the finance minister had come out saying that as far as growth is concerned, both the Bhagwati and Sen models were needed as there was need for combining “passion for growth with compassion for poor”.

The Delhi Economics Conclave will also have a session on ‘Growth, Agriculture, Food Security and Inclusiveness: Challenges’.

State Bank of India chairperson Arundhati Bhattacharya will be present here with Ruth Kattumuri of the London School of Economics and Ashok Gulati, Chairman of the Commission for Agriculture Costs and Prices.

Nathan Nunn and Gita Gopinath of Harvard University, former Chief Economic Advisor Arvind Virmani, L&T Executive Chairman AM Naik, former RBI Governor Bimal Jalan, Competition Commission of India Chairman Ashok Chawla, Yes Bank Managing Director Rana Kapoor, and Mindtree co-founder Subroto Bagchi will also speak at the Conclave on issues ranging from trade and finance to industry and services.

At a cultural evening, eminent classical dancer Sonal Mansingh will give these thinkers a break from economics.   This is the last Conclave before the general elections.

RECOMMENDED FOR YOU

Govt invites Jagdish Bhagwati to discuss agenda for next 5 yrs

Move assumes significance in light of Bhagwati's statement that he would refuse to vote for Rahul Gandhi or Narendra Modi in 2014 polls

Move assumes significance in light of Bhagwati's statement that he would refuse to vote for Rahul Gandhi or Narendra Modi in 2014 polls Eminent economist Jagdish Bhagwati, who hit the headlines after lauding Gujarat Chief Minister for economic growth and entered into a public spat with Nobel laureate Amartya Sen, will now decide the “agenda for the next five years” with the government.

Bhagwati, along with Prime Minister’s Economic Advisor C Rangarajan and Reserve Bank of India Governor Raghuram Rajan, will be speaking on financial sector reforms at the Delhi Economics Conclave, to be organised by the finance ministry , in the capital next month.

The theme of the conclave, to be held on December 11-12, is The Agenda for Next Five Years. Finance Minister P Chidambaram will inaugurate the event which will also be attended by Deputy Chairman Monetk Singh Ahluwalia, other UPA ministers and Oscar Fernandes, and the corporate sector and the banking industry, besides some other leading economists.

The presence of Bhagwati, who had reportedly declined to be a part of the Conclave last year, evokes interests in the light of his statement few months ago that he would not vote for Vice President or Modi if they were the Prime Ministerial candidates in next year’s elections.

The Columbia University professor, however, had admitted that Gujarat, under Modi, had shown rapid growth on major social indicators. Amartya Sen, on the other hand, had said as an Indian citizen he did not want Modi as his prime minister because the latter had not done enough to make minorities feel safe.

“If Sen is bashing Modi purely on the basis of his prejudices, that is his privilege. But it also betrays lack of integrity and judgement. I have no doubt the UPA leaders, all of whom I know well, will be astonished by Sen’s declarations,” Bhagwati had said in an interview to this paper in July.

Later, the finance minister had come out saying that as far as growth is concerned, both the Bhagwati and Sen models were needed as there was need for combining “passion for growth with compassion for poor”.

The Delhi Economics Conclave will also have a session on ‘Growth, Agriculture, Food Security and Inclusiveness: Challenges’.

State Bank of India chairperson Arundhati Bhattacharya will be present here with Ruth Kattumuri of the London School of Economics and Ashok Gulati, Chairman of the Commission for Agriculture Costs and Prices.

Nathan Nunn and Gita Gopinath of Harvard University, former Chief Economic Advisor Arvind Virmani, L&T Executive Chairman AM Naik, former RBI Governor Bimal Jalan, Competition Commission of India Chairman Ashok Chawla, Yes Bank Managing Director Rana Kapoor, and Mindtree co-founder Subroto Bagchi will also speak at the Conclave on issues ranging from trade and finance to industry and services.

At a cultural evening, eminent classical dancer Sonal Mansingh will give these thinkers a break from economics.   This is the last Conclave before the general elections.
image

Columnists

Widgets Magazine

More News

Widgets Magazine
Widgets Magazine

Twitter Feed

  • @nsitharaman

    2/n GoI adopted transparent consultation process with all stakeholders. GoI supports open & fair Internet. In the parliament we supported...

  • @SinghRPN

    “@pradeepmeghraj: मिला सबूत, दो हाफिज-Ex MoS Home #RPN Singh @SinghRPN @Pressbrief https://t.co/1xFq0e4NJf

  • @Rao_InderjitS

    Had a rich exchange of opinions & ideas at the #BuildIndiaConclave at New Delhi. @mail_today https://t.co/pXGHbkMsgQ

  • @Swamy39

    RT @AShetty84: TN BJP reacts to Dr @Swamy39 's views on 2016 elections- Decision on alliance to be taken in 10 days: BJP https://t.co/MtyyY

  • @abdullah_omar

    RT @nazir_masoodi: Perils of Governor Rule in J&K & erosion of state constitution. https://t.co/zEL8MMukHe

  • @MPNaveenJindal

    RT @DeependerSHooda: Déjà vu moment captured yesterday by @sharma0013. People of Kurukshetra are missing their former MP. @MPNaveenJindal h…

  • @rajeev_mp

    agree!silly 2 hv film stars there ! ships n arcraft n men n womn of #IndianNavy r imprssve enuf! @manoharparrikar https://t.co/KzLCkS0w02

  • @arunjaitley

    Attack on journalists in Uttar Pradesh is condemnable. An independent probe in to the incident should be carried out.

  • @SushmaSwaraj

    We have put mother and kids in a shelter home in Kuwait. We will see what best can be done for the family https://t.co/wSHQYmQnsP @MEAQuery

  • @MVENKAIAHNAIDU

    A delegation from the Indo UK Institute of Health discusses setting up hospitals in smart cities https://t.co/eEXqPXnbgq

  • @milinddeora

    Throwback to my 2014 @EconomicTimes op-ed on #NetNeutrality: https://t.co/96dtvVP436

  • @quizderek

    Teamwork wins #NetNeutrality This is also about the big telcos not becoming big bullies https://t.co/c24sLC0FJr

  • @digvijaya_28

    शिवराज मामा का यही सपना हर घर में हो बार अपना यही है भाजपा का सपना और यही है संस्कार अपना

  • @thekiranbedi

    Governance has suffered precisely because v made field postings desk-bound. This must/can b corrected Sir @PMOIndia https://t.co/lEj3RrMjHR

  • @narendramodi

    Tết greetings to the people of Vietnam. May this year be full of joy & prosperity.

  • @DVSBJP

    RT @narendramodi: Our belief in people's participation is firm. It is our Jan Shakti that will take India to new heights of progress. https…

  • @PMOIndia

    My thoughts are with the admirers of Nida Fazli Sahab. His demise is indeed very saddening: PM @narendramodi

  • @ArvindKejriwal

    Door to door campaign started in Punjab. This is the strength of AAP https://t.co/gCPLEP7MZK

  • @smritiirani

    RT @BJP4Keralam: Smt @smritiirani inaugurating the valedictory function of Stree Swabhimaan Yatra, organised by MathruSamithy at Tvm https:…

  • @ShashiTharoor

    Thoroughly enjoyed a lively and knowledgeable Harvard audience of 700+. Good questions https://t.co/6MLD8eNSI7

  • @Gen_VKSingh

    @vknsk65 we will get in touch. Do also inform how he went, agent name and address and what job he is in

  • @ajaymaken

    Massive turnout in Raghubir Nagar Y'day- Angst against AAP Govt very much visible- 14 Feb छलावा दिवस- चलो राजघाट! https://t.co/qiFFQhSU4b

  • @varungandhi80

    [2/2] away from Delhi for a week now. @MinistryWCD @narendramodi @PMOIndia

  • @nitin_gadkari

    Saddened to hear the unfortunate demise of Sudhir Telang. My deepest condolences to his family

  • @AnanthKumar_BJP

    BCPL to boost industry and generate employment in North east https://t.co/yid1GhXJaa https://t.co/NOqRC59Hh4

  • @RSSorg

    SarKaryavah Suresh(Bhaiyaji)Joshi in Republic Day celebration at MIT Medical College, Latur (Maharashtra) https://t.co/Jr3ZCbeQjm

  • @drharshvardhan

    Sharing my interview with RS TV https://t.co/kZ9VdLOWi4

  • @umasribharti

    चन्‍द्रशेखर राव को बधाई. तेलंगाना राज्‍य का मेरा संकल्‍प एवं सपना पूरा, तेलंगाना की नदियों का ध्‍यान रखेंगें.

  • @Panda_Jay

    My Twitter handle changed yesterday to @PandaJay 😊, please follow that..