Growth cannot be chased at the cost of equity

[CUTS-TradeForum]

From: CUTS International

 

Growth cannot be chased at the cost of equity: C Rangarajan

Ashok Kumar, OneWorld South Asia

Thursday, 02 May 2013

 

At the book launch of 'Growth and Equity', which has experts like Kamal Nath, Nitin Desai and Jagdish Bhagwati contributing essays, the talk turned to the policy issues India faces and how consumers in India have now become more aware and are fighting for their rights.

 

“Growth is extremely important because that is the basis on which infrastructure is build, but we cannot forget equity. If we forget equity, social tensions will surface,” said C Rangarajan, chief economic adviser to India’s Prime Minister, Dr Manmohan Singh.

 

Rangarajan was speaking at the launch of Growth and Equity. The book is a collection of essays written in the honour of Pradeep S Mehta, Secretary General of the Jaipur-based Consumer Unity & Trust Society (CUTS International). The book includes essays and commentaries by Jagdish Bhagwati, Nitin Desai, Frederic Jenny, Vijay Kelkar, Pascal Lamy, Arun Maira, Arvind Mayaram, Shiv Shankar Menon, Kamal Nath, C Rangarajan, Rubens Ricupero, Martin Wolf and others.

 

Please read the complete article at: http://southasia.oneworld.net/resources/growth-cannot-be-chased-at-the-cost-of-equity-c-rangarajan-1#.UYI1mjfMC1s

 

 

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