The global economy is in a state of flux. After witnessing a pickup in growth over the past couple of years, there is concern that this trend may see a reversal. Already, there are calls for protectionism from advanced economies which are leading to restrictive policies for cross-border trade and investment flows. This has triggered a backlash against globalisation, a move which should be reckoned with.
Free trade was under a cloud before the Brexit referendum and the American presidential election. In fact, non-tariff barriers were already on the rise in the world. On the other hand, there is the reality of the technology driven world order, with robotics, digitisation and artificial intelligence steering global manufacturing and subsequently is leading to the creation of Global Value Chains (GVCs).
In such a situation how can India create a strong, sustainable, balanced and inclusive growth through globalisation? Is WTO relevant to the present world and specifically to India? What are the opportunities and challenges confronting WTO in this changing world order? Can India lead the way on Global Trade?
The High Commission of India in the UK in partnership with FICCI and IPF are organising an Interactive Session on “Budget & I”. The session shall include deliberation on impact of the budget to be released on 5th July on the economy, industries, investors, direct and indirect taxes etc. The “I” represents India, Industry, Investor and the Individual; hence the session is titled “Budget & I”.
Friday, 5th July 2019 | 5.00 pm – 6.30 pm
High Commission of India, India House, Aldwych, London WC2B 4NA
17:00 – 17:30 Registration and Networking; refreshment
17:30 – 17:40 Opening Remarks: H E Mrs. Ruchi Ghanashyam, High Commissioner of India to the UK
17:40 – 18:30 Interactive Session on “Budget & I”