WEF: India’s unity of diversity will be visible in the World Economic Forum meeting, Union Minister Ashwini Vaishnav will lead
New Delhi|The five-day meetings of the World Economic Forum (WEF) are starting in Davos. A glimpse of India’s unity of diversity will be seen in these meetings. The world’s rich and powerful people will gather in WEF from Monday. This time India is sending its largest contingent till date to Davos. The Indian delegation includes five Union ministers, three Chief Ministers and ministers from several states as well as around 100 Chief Executive Officers (CEOs), stalwarts from the fields of government, civil society and art and culture.
Union Information and Broadcasting Minister Ashwini Vaishnav will lead the Indian delegation. Before leaving for Davos, he said, ‘The World Economic Forum has great interest in understanding our thought process, the economic policies of Prime Minister Narendra Modi, digital transformation and the way India has created a new digital framework under the Digital India programme.’ The Indian delegation will also include four other Union ministers CR Patil, Chirag Paswan, Jayant Chaudhary and K Ram Mohan Naidu.
Apart from these, Chief Ministers of Maharashtra, Andhra Pradesh and Telangana Devendra Fadnavis, N Chandrababu Naidu and A Revanth Reddy respectively will also attend the meeting. Karnataka Deputy Chief Minister DK Shivakumar and TRB Raja of Tamil Nadu, P Rajeev of Kerala and senior ministers of several other states will also be present in the Davos meeting. The Maharashtra government has set a target of signing a Memorandum of Understanding (MoU) worth Rs 7 lakh crore at the annual meeting of the WEF. Telangana Chief Minister Reddy is looking for his share of the investment along with his cabinet colleague D Sridhar Babu and senior officials.
Ahead of the meeting, a survey of chief economists from around the world said they expected global economic conditions to weaken in 2025. However, India’s growth rate will remain the fastest despite weakening. The World Economic Forum stated that the global economy will face significant challenges in 2025. Fifty-six per cent of the chief economists surveyed feared a weakening of conditions. Only 17 per cent of economists believed that the situation would improve. The U.S. economy is expected to post strong growth in 2025, according to the survey. South Asia, especially India, will also maintain strong growth momentum. The world’s top 60 political leaders, including US President-elect Donald Trump, German Chancellor Olaf Scholz and Ukrainian President Volodymyr Zelenskyy, will address the WEF meeting.
