Can India meet the expectations of a 10 per cent economic growth? What are the factors that will sustain India's growth and what are the obstacles? How do you make rural India part of the growth story?
This and many more issues related to India's growth will be deliberated at the 22nd edition of the India Economic Summit, to be held here from November 26 to November 28. The summit is being jointly organised by the CII and the World Economic Forum.
This year's theme 'Meeting new expectations' is closely related to last year's subject of the summit 'Young and Resurgent India'.
"Last year's summit focused on the positiveness of India's economic growth and this year it will focus on the opportunities and challenges facing India's future economic growth," Lee Howell, director, head of Asia, World Economic Forum, said.
This year, the summit will have 600 participants from 32 countries, which is the highest participation the summit has ever had.
This includes 200 companies from overseas and 125 from India. The summit will also have 350 overseas and 150 Indian CEOs. The event will be inaugurated by Union Finance Minister P Chidambaram.
The summit would also focus on the importance of state governments in contributing towards India's growth. Chief ministers of five states, Delhi, Maharashtra, Rajasthan, Punjab and Bihar, would participate in the summit.
Risk management would also be discussed extensively during the event. There would be an exclusive briefing on risks that India faces in achieving its growth targets.
The WEF has identified six risk areas which include water management, health management with regard to HIV and Tuberculosis, expanding demographics, climate change, backlash to globalisation and oil price shock.
Rural India would be a major focus area during the summit. It would deliberate on agro-business development, water management, infrastructure development in rural India.
Besides this, the summit would look at expanding the scope of organised retailing to cater to the growing consumer base in rural areas.