Partha Chatterjee

Partha Chatterjee, Dean of Academics at Shiv Nadar University and economics professor, discusses India's emergence as the world's fourth largest economy. He breaks down recent IMF projections and the World Bank's report on significant reductions in extreme poverty. Chatterjee emphasizes the limitations of GDP as a sole indicator of progress, highlighting deep societal inequalities. He also addresses the vital role of subsidies in poverty alleviation and stresses the need for labor market reforms to sustain growth and improve living conditions in the context of India's ambitious economic goals.