(Video) Rajya Sabha TV (RSTV) The Big Picture: World Economy & India

Topic: World Economy & India

Guest:

Ajay Dua, (Former Secretary, Ministry of Commerce & Industry)
A.K. Bhattacharya, (Editorial Director, Business Standard)
Abhinav Prakash, (Assistant Professor, University of Delhi)

Topic Description:

The World Economic Forum is set to hold its annual Davos Summit from January 22 to January 25 in Switzerland. The event will be attended by world leaders, economists, business persons, journalists and political leaders. It will also witness participation of around 3,000 individuals. A wide range of issues are likely to be discussed at the event. There will be a total of 130 participants from India, more than China’s 109. Prime Minister Narendra Modi addressed the opening session of the World Economic Forum last year, becoming the first Indian prime minister in two decades to join the world’s top business leaders in the resort town. However, this year Prime Minister Modi will give the event a miss. US President Donald Trump, who addressed the summit in 2018, will also not be attending this year amid a government shutdown back home. British Prime Minister Theresa May will also give the annual event a miss to focus on Brexit. France's Emmanuel Macron and Russia's Vladimir Putin have also decided to stay away from the summit. Meanwhile, China's economy has grown at its slowest pace in almost three decades last year.