Davos 2019: 140 corporate leaders make up for govt's absence at WEF

Former Reserve Bank of India Governor Raghuram Rajan, New Development Bank President K V Kamath and IMF Chief Economist Gita Gopinath are also expected to be there

The impact of volatility in local politics is visible at the World Economic Forum (WEF) Annual Meeting, being organised in the Alpine Swiss town of Davos. Indian Prime Minister Narendra Modi is on the list of leaders of major economies — including US President Donald Trump, his French and Chinese counterparts Emmanuel Macron and Xi Jinping, respectively, and British Prime Minister Theresa May — to skip this year’s event, the theme for which is  “Globalization 4.0: Shaping a New Architecture in the Age of the Fourth Industrial Revolution”. 

Most ministers in the central government, too, are giving the annual meeting a