Substantive engagement with the US key to India’s $ 5 trillion economy: Hardeep Puri

Economy


NEW DELHI: Substantive engagement with the US is at the heart of strong economies around the world. The same should be the case with India in her pursuit to become a $5 trillion economy by 2024, said Minister of State for Commerce and Industry, Hardeep Puri at a book release event on Saturday in honour of noted political and economic commentator Sanjaya Baru.

Coming as it did from Puri, it is something that policy makers in both countries should take a serious note of.

The book launch was followed by a panel discussion on India-US relations where Sanjaya Baru mentioned that US grand strategy is to contain Chinese growth by all means.

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Secretary General of CUTS International, Pradeep Mehta, said that India can balance the current world order by engaging deeper with the US.

Other panellists included, former Ambassador Bhaswati Mukerjee, and Director of Nehru Memorial Museum and Library, Shakti Sinha.

Baru also mentioned that the matter of procuring S-400 missile defence system from Russia is an important test case for India-US relationship. The US must understand that India’s relationship with Russia is important and one that is related to India’s strategic interest and autonomy, added Baru while mentioning that defence trade with the US is also rising and hence such issues should be not be allowed to sour the bilateral engagement.

The panellists also reflected on the Indo-Pacific construct. Global advocacy group CUTS International is the publisher of the book on Baru.



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