Business Standard

The road ahead to Viksit Bharat

The entry and exit of capital are two sides of the same coin, and both need to be facilitated while maintaining financial stability

skill development, education, workforce, jobs, employment, economy, growth, policy
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Illustration: Binay Sinha

Atanu Chakraborty
I called last year a year of “Predictable Unpredictabilities”. I guess, this seems to be a prolonged bout. The pandemic has receded. However, globally inflation seems to be sticky, while the pundits, conditioned by an easy flow of funds since the global financial crisis, had called its early phases transitory. This has affected global demand and jobs worldwide. Interest rates are high and protectionism is rearing its ugly head. Funds for startups are inadequate, as these are all headed to the treasuries in the US.

Geostrategic uncertainties along the fault lines in Europe, West Asia, and the
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Jul 05 2024 | 11:14 PM IST

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