ISAS-MTI guiding investors-partners to participate in Indian prosperity
The Indian Government’s Principal Economic Advisor Sanjeev Sanyal sees Singapore as an excellent example of development from which India has a lot of learn, especially the implementation of infrastructure projects, water and waster management as well as energy conservation.
Singapore, he said, fits very much into what India will do in the next 30 years as part of the ongoing reform process and building on the past three decades of liberalisation.
Speaking at an event organised by a Singapore-based think tank on December 2, Sanyal said India and its States have a lot to learn from Singapore’s development programmes.
“All of these are issues which India, at different scales of urban systems, requires to do,” he said at the virtually held Seventh Lecture on ‘After The Pandemic: India’s Reforms and Renewal’.
It was organised by the Institute of South Asian Studies (ISAS), a think tank on South Asia at the National University of Singapore, and the Indian High Commission in Singapore.
Responding to a question on Singapore’s relevance to reforms and redevelopment in India, Sanyal said, “It (city state) fits very much into what we are going to be doing for the next 30 years of reforms”, particularly in the delivery of services.
“This is a journey (of India) in which Singapore has a lot to do,” he said, pointing out the expected developments and implementations of projects by India over the next 30 years as part of the ongoing reform process and building on the past three decades of liberalisation that was started in 1991.
“We have a lot to learn from Singapore.”
Separately, the ISAS is partnering with Singapore’s Ministry of Trade and Industry (MTI) in a project to guide investors and potential partners in Singapore on how best they can join the redevelopment programme of India, said Vinod Rai, the former Comptroller and Auditor General of India. Rai, the lecture chairperson and a Distinguished Visiting Research Fellow at ISAS, chaired the lecture.
“ISAS is working with MTI to study India’s recent economic policies and their investment prospects and potentials. Apart from the Central government’s policies, ISAS is also focusing on State-level policies, with the aim of informing businesses and investors in Singapore of the economic possibilities in the country,” ISAS said. fiinews.com
