AHMEDABAD, BENGALURU, BHOPAL, BHUBANESWAR, CHANDIGARH, CHENNAI, HYDERABAD, KOCHI, KOLKATA, LUCKNOW, MUMBAI, NEW DELHI AND 10 January 2019 1 COMMERCIAL FEATURE

‘99% Items will soon fall under 18% GST slab’ SAYS PM MODI AT THE REPUBLIC SUMMIT IN THE LEAD UP TO HIS ANNOUNCEMENT, THAT IS LIKELY TO HAVE THE EFFECT OF LOWERING THE OVERALL TAX INCIDENCE ON A BASKET OF GOODS AND SERVICES, THE PRIME MINISTER HAD EXTOLLED THE HISTORIC TAX REFORM, HIGHLIGHTING HOW IT HAD LED TO A MARKED INCREASE IN THE TAX-PAYER BASE:

rime Minister Naren- go before the all-important 2019 dra Modi delivered elections, apart from de- the keynote address creasing the tax burden on the end at the inaugural users, also takes away the major ‘THE ENTIRE COUNTRY TOOK THE P Republic Summit, pain point that the opposition had INITIATIVE TO BRING CHANGE WITH speaking on the theme of ‘Surging insisted on fl agging about GST -- ’. While doing so, he made a that with four tax slabs, it was too THE TAX REFORMS. THEY MADE THEIR blockbuster announcement about a complex. CONTRIBUTIONS TO THE DEVELOPMENT. change to the existing GST catego- For the entirety of the time since risation that may have far-reaching GST was rolled-out, effectively uni- IT IS THE HARD WORK OF THE PEOPLE effects for both the end users as fying the country into one market, well as others in the value chain, by the government has maintained THAT INDIA WAS ABLE TO BRING stating that the government is work- that it was a work in progress and SUCH A HUGE REFORM. EVEN IN ing towards bringing 99% of goods that they are constantly speaking to and services into the 18%-or-less stakeholders, especially the various MANY DEVELOPED COUNTRIES, IT IS GST bracket. Days later, following states, in order to streamline the a meeting of the GST Council, the goods and services tax. In response QUITE DIFFICULT TO BRING SMALL Prime Minister’s words were opera- to the Opposition’s attacks, the TAX REFORMS. AS I SAID EARLIER, tionalised. Prime Minister had coined another The change in the GST struc- acronym for the GST, calling it the BEFORE THE INTRODUCTION OF GST, ture, especially with just months to ‘Good and Simple Tax’. WHILE REGISTERED ENTERPRISES INDIA IN 2018 WERE NUMBERED 66 LAKHS, NOW THE NUMBER HAS INCREASED TO 1 CRORE 20 • India is now in the $5 trillion economy club LAKHS. WHILE THE GST WAS STILL NEW, • In terms of ease of doing business, India now SLOWLY AND STEADILY DISCUSSIONS ranks 77, from 142 earlier TOOK PLACE WITH ECONOMISTS, TAX • Millions of people are going digital, instead of REFORMERS, BUSINESS HOLDERS, AND using paper money NOW THE GST SYSTEM HAS SETTLED • The aviation sector is booming, and 1,000 new DOWN TO A LARGE EXTENT IN THE aircraft have been ordered COUNTRY,’ PM MODI SAID DURING HIS • ISRO launched over 100 satellites in one go, Watch the full session on www.republicworld.com KEYNOTE SPEECH. setting a record |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| ‘If heard day-to-day Ayodhya issue can be resolved in 10 days’ BJP PRESIDENT AMIT SHAH ON AYODHYA ISSUE

‘Institutions must be autonomous NOT ONLY BJP - ALL OF INDIA but cannot be isolationist’ WANTS A GRAND TEMPLE TO BE FM ARUN JAITLEY AT REPUBLIC SUMMIT 2018 JP President Amit Shah BUILT IN broached a number of key AYODHYA. election results as a basis to gauge inance Minister Arun Jait- topics in conversation with the 2019 general elections,’ he said. ley delivered a keynote ad- Republic TV‘s Editor-In-Chief Shah went on to elaborate that the is- dress at the inaugural Re- B Arnab Goswami at the inau- sues that buttress election campaigns public Summit, in which he gural Republic Summit, chief among them visit to Ayodhya and the ‘Mandir ulti- at the state level are completely differ- F spoke on the topic ‘Silver being the controversial Ram Mandir issue matum’ by the Sainiks, Shah said: ‘In ent from those at the central level. bullet for the economy’, following which he on which he opined that the entire nation the matter of Ayodhya, they are not ‘I will give you an example of Mad- was later in a conversation with the chair- wants the temple to be built, and that if the challenging us. They are demanding hya Pradesh. In Madhya Pradesh, the man of Goenka Group Sanjiv Goenka and case which is in the Supreme Court were to a temple and we also believe that a difference is of 7 seats and we lost 7 Republic’s Editor-In-Chief Arnab Goswa- be heard on a day-to-day basis, the matter temple should be constructed. Where seats by just 3500 votes. Now, 3500 mi and spoke about a number of issues. could be resolved within 10 days. is the challenge? There is no dispute.’ votes are not the measure to decide When Sanjiv Goenka asked the Fi- Shah further spoke about the chances of Amit Shah also analysed the elec- the victory or loss of such a huge nance Minister on the autonomy of institu- an alliance between the BJP and tion results in Rajasthan, Madhya state. I am not denying our loss. Our tions, he replied: ‘At the end of the day, by- in 2019. ‘The reality is that Shiv Sena is a Pradesh and Chhattisgarh where BJP government has lost and their gov- and-large, government and politicians are part of our government even today. Their governments were toppled, dismissing ernment has taken over. I have done more accountable because everyday they candidates contest in every election. They the notion that they would impact the analyses of many results. For exam- are questioned by the media, their parties, did it in Gujarat and and not 2019 Lok Sabha polls. ‘To link these ple, in Uttar Pradesh, you can say that the electorate. Institutions need to be au- just in this election but before 2014 also. results to the 2019 elections wouldn’t lost. In Uttarakhand, Con- tonomous but not isolated. if you are deal- Running a campaign is a different thing but be completely right. If we accept this gress lost. Even in Rajasthan, there is ing with the regulators in the country – take their candidates stood for elections. Till both theory, in 2004 we had won three state only a difference of approximately one for instance the telecom regulator or any debate between me and the central bank ist. If they are isolationist there is a fair the parties come to a conclusion, it is unwise elections, yet we lost the following lakh votes. However, a loss is a loss other regulator - he has to be independent was because it is my responsibility to tell chance they will go wrong.’ to comment on the matter publicly. I believe general elections. In 2009, we again and we accept people’s mandate.’ to be appointed the regulator. But he has them that we have a liquidity problem. that in the 2019 election, Shiv Sena will sup- won three states, yet we lost the fol- to consult with the stakeholders, only then Now institutions like RBI must be Watch the full session on port us. The discussions are on.’ lowing general elections too. So I don’t Watch the full session on you get the feel of the market. The recent autonomous but cannot be isolation- www.republicworld.com When asked about Uddhav Thackeray’s think we should use the current state www.republicworld.com

PRESENTED BY POWERED BY SESSION PARTNERS 2 10 January 2019 AHMEDABAD, BENGALURU, BHOPAL, BHUBANESWAR, CHANDIGARH, CHENNAI, HYDERABAD, KOCHI, KOLKATA, LUCKNOW, MUMBAI, NEW DELHI AND PUNE COMMERCIAL FEATURE

THREE POPULAR ‘Spirituality is FACES IN THE INDIAN The future of the POLITICAL SCENARIO SPEAK ABOUT WHAT empowerment, not a THE YOUTH OF THE COUNTRY NEEDS political surge in India disability’: Sadhguru n the topic of ‘Future piritual of the political surge’ leader in India, BJP leader Sad- Anurag Thakur, Patidar hguru O community leader S and re- Hardik Patel and Srinagar Munici- nowned pal Corporation Mayor Junaid Matto American Yoga teacher partook in a panel discussion at the Dr David Frawley were inaugural Republic Summit. part of a panel to dis- Speaking on a number of topics, cuss inherited knowl- ranging from Hardik Patel’s fight for edge at the inaugural reservation for the Patidar commu- Republic Summit, with nity, to the youths of Kashmir, to the the primary question fight for 2019, all the three leaders being: Everyone is put forth their points of view in front of aware of the depth of a packed crowd. knowledge that India The discussion began with Hardik has, but despite this Patel and Anurag Thakur having what is stopping India their say on the Patidar community’s from being a soft su- movement for reservation. Anurag perpower? Thakur began by stating that while people, especially youths, have a right to speak their minds in a democ- sues be taken care of, he will stop his talks with those who are not from the BJP will be defeated in 2019, owing dia is be- spiritual person you must be racy, it is important that they stay on protests against the government. influential families in Kashmir. to their failure to fulfill their promises I WANT TO BUST THE MYTH THAT ing turned incompetent... this is a land the right path, unlike Hardik Patel (as Following this, the issue of Kash- Moving forward, the topic of 2019 of 2014. Anurag Thakur disagreed against it- where kings and economic per Anurag Thakur), who in his fight miri youth came to the fore. Junaid elections came next, and Matto felt that and listed out a number of achieve- SPIRITUALITY IS A DISABLLITY self by a lot leaders were spiritual. Spir- for reservation went ahead and took Matto, former National Congress it is upto the people of Kashmir to de- ments of the present ruling govern- of Marxist titual path is empowerment the support of the Congress party. (NC) spokesperson, hit out at the cide if they want to give BJP a chance, ment, right from the improvement in ideologues - which brings success and Hardik Patel responded by stating state governments and central gov- though he refused to pick between the ease of doing business ranking to the ‘Lack of historical perspec- hence the hesitation to surge. well-being, not something that that the motive behind his agitation ernments of the past, accusing them NC, PDP or BJP when asked about number of users who have received tive is causing a lot of damage Weighing in, Sadhguru drives you to a corner.’ wasn’t reservation, but it was for the of neglecting the needs and demands who he wishes to see in power. gas connections. for India in its attempt to surge said that he wanted to bust ‘Our highest goal has not fight to get good education and jobs of the youths which led to them losing As for the other two leaders on the ahead. It’s very important that the myth that spirituality is a been God, it has been libera- for his community-members. He went their way. He added that the present panel, the matter precipitated a war of Watch the full session on we don’t commit the same mis- disabllity. He said: ‘The one lit- tion and truth. This culture is not on to mention that should these is- government has opened doors for words. Hardik Patel predicted that the www.republicworld.com takes again,’ Sadhguru said. tle thing I am trying to change of the past, it is of the future. As Dr Frawley pointed out the in India is that a whole lot of more and more people think for lack of acceptance among Indi- people think that spirituality is themselves, they will seek the ans of their own customs and a certain disability. People ask truth. Human beings will seek traditions. ‘India has this tre- me what they can’t do if they truth and freedom. This is es- mendous spirit, power, knowl- are spiritual. So I am doing a sentially a movement which edge and tradition but its own lot of circus in my life, a variety has been happening around people doubt it. You don’t mani- of things, just to show them the world. Truth is the authority fest or share them or don’t give that if you are spiritual then in life. Authority is not the truth.’ them their proper importance,’ you are empowered and be- he explained. He expressed ing spiritual is not a disability.’ Watch the full session on belief that the mindset of In- ‘This idea, that if you are a www.republicworld.com ‘World will gravitate towards natural products and look at India’ munity. 9/11 commenced global war SAYS BABA RAMDEV ON VISION 2025 against terrorism.’ According to Brigadier General War against terrorism Nitzan Nuriel, Israel too took a tough stance on terrorism and that’s why eginning his address The General also spoke about how various points on the global war of the nation has a fearsome reputa- by saluting each each state needs to have a specific terror. As far as India is concerned, tion of anti-terrorist operations. ‘The and every soldier counter-terror strategy. I remember that I was a sector com- bad news is that terrorism will stay of India from Army, ‘9/11 was the turning point. It mander. I was commanding one sec- with us forever. Too many coun- B Navy and Air Force, was a watershed moment as far as tor in Anantnag, South Kashmir. What tries are using it to achieve political former Chief of terrorism is concerned. It was only was the turning point as Gaurav said goals. The good news is that we are Army Staff General Bikram Singh, time when the United States took a that was the metamorphosis as far stronger than them and we are going spoke about the commencement stance. Three areas were under at- as Pakistan is concerned. That was to win. I cannot any see any situa- of global war against terrorism on tack: New York, Washington DC and the time when George Bush had said tion where terrorism can defeat us,’ the Republic Summit’s ‘Isolate and Pennsylvania. And the awakening of either you are with us or you are with he proclaimed. Eliminate’ panel discussion with the United States that brought about the terrorists. That’s the time when Israel’s Brigadier General Nitzan UN Security Council resolution in the Pervez Musharraf came on the TV Watch the full session on Nuriel and Major Gaurav Arya. same month which actually gives out and he addressed international com- www.republicworld.com

P.V. SINDHU, GAUTAM GAMBHIR Sporting superpower by 2022 AND BABITA KUMARI PHOGAT DISCUSS THE PROGRESS OF SPORTS n the second everyone strong, whether eventually transform into a day of inaugural it’s a farmer, a businessman, business behemoth that would IN INDIA Republic Sum- someone in the service sector, not only be India’s largest hotel mit, Yoga guru industry or even media. His chain and one of China’s top O and Patanjali aim is to see even the poor 5 chains, but also among the peaking at the inaugu- Ayurved founder Baba Ramdev, of the country feeling equally world’s top 10! ral Republic TV Sum- in conversation with Republic strong, and facilitate the bet- Finding the right living mit World Cup-winning TV’s Editor-in-Chief, highlight- terment of the country. space for the world’s middle- cricketer Gautam ed the importance of natural The other panelist in the class population is a huge chal- S Gambhir said: ‘If you FMCG products for the people, ‘Disrupt to Surge’ discussion, lenge. It’s something that Agar- see around 10 to 15 years back, there and how the world is leaning to- Ritesh Agarwal founder of wal wants to take on and aspire was only cricket and nothing was wards the use of such products OYO Hotels, had some inter- to create the world’s largest more popular than that. Now, look at that are naturally made in India. esting things to share about his hotel chain by 2023. This is what badminton, wrestling, shooting, By his own account, Baba life. The 25-year-old entrepre- what drives him on. An inter- hockey and even football have done Ramdev said that while grow- neur comes from the remote esting thing that Agarwal says, for the country. All sportsmen work ing up he had realised that Rayagada district in Orissa, which makes him sound older equally hard and bring laurels for the just writing in notebooks or where 75 per cent of the popu- and wiser than his age, is that country and deserve equal respect, chanting ‘Mera Bharat Ma- lation is under the poverty line. he has no qualms about going credit and appreciation,’ he said. han’ was not enough to make As a child, he used to sell prod- back to where he comes from There is a school of thought that the country great. He wanted ucts like SIM cards and other and that if there ever comes a the influx of smart gadgets has been children become champions need Commonwealth medal-winning According to me, a sportsperson has to contribute to the nation’s things to learn more. He had a day where he’s back to where damaging for sports as kids prefer to to encourage sport. Schools should wrestler Babita Phogat added: ‘My the best life. Parents should make sure economy in such a way such break of six months between he has started, he would be play games on gizmos than on the have marks or points for sports so parents guided us and showed us the that they can help their children chan- that by 2045-50, it becomes his class 12 and degree col- completely fine with it. playground. Olympian shuttler PV that parents motivate their children to path that my sisters and I followed. I re- nelise their energies in a positive way.’ stronger than America. lege, and so decided to start a Sindhu, fresh off winning the BWF do the best. Sports is not only to be- quest all the parents that instead of giv- Watch the full session on Baba Ramdev went on to company as a hobby. Little did World Tour Finals, was quizzed about come a champion; it makes you fitter ing their children mobile phones, give Watch the full session on www.republicworld.com explain that he wants to see he know that his hobby would this. ‘Parents who want to see their and healthier too,’ she said. them a ground or a space to play in. www.republicworld.com

‘L to R: Prasoon Joshi, Amruta Fadnavis, Chief Minister of , Governor of Maharashtra C Vidyasagar Rao, Prime Minister , Arnab Goswami, Sanjeev Goenka, Vijay Karia, Gautam Singhania, Uday Kotak, Uday Shankar, Anil Kapoor, Jose Manuel Barroso watching a recital by Shankar Mahadevan and his troupe at the inaugural function of the Republic Summit 2018 ‘Surging India.’ AHMEDABAD, BENGALURU, BHOPAL, BHUBANESWAR, CHANDIGARH, CHENNAI, HYDERABAD, KOCHI, KOLKATA, LUCKNOW, MUMBAI, NEW DELHI AND PUNE 10 January 2019 3 COMMERCIAL FEATURE

Mukesh Ambani on his optimism ‘The alliance of for India, data, entrepreneurship the weak is called ’ and challenges NITIN GADKARI ON OPPOSITION, AT THE RELIANCE INDUSTRIES REPUBLIC SUMMIT LIMITED (RIL) CHAIRMAN MUKESH AMBANI As the infrastructure de- ANSWERED QUESTIONS velopment of India soars higher, it has stimulated POSED TO HIM BY unprecedented growth in REPUBLIC TV’S EDITOR- A the country’s retail and IN-CHIEF ARNAB manufacturing sections. Speaking of how India will be shifting gears between GOSWAMI, FOLLOWING 2019-2024 with a new government, Un- HIS KEYNOTE ADDRESS AT ion Minister Nitin Gadkari answered one THE REPUBLIC SUMMIT. massive question- If this government gets an extension of another term, how differ- ent will the government function in terms of development in financial, business and e spoke about a num- industrial sectors. ber of things, including Gadkari, at the Republic Summit his own optimism about 2018, explored the topic of ‘Shifting the country, data, the Gears: 2019-2024’, elaborately discuss- H next big disruption in the INDIA’S DIGITAL ing the Opposition alliance. He spent a world and much more. GROWTH WILL NOT chunk of his time addressing the trending ONLY HELP THE political issues, Mahagathbandhan, being WHY MUKESH AMBANI IS were at $350 billion (size of economy) NATION PARTICIPATE the power of ideas and opportunity and one of them. OPTIMISTIC now we are nearing $3 trillion. To get they will win the heart of Indians and Responding on the coalition of the Op- ‘Reliance was around a million dollars there in two decades is a long shot but IN THE FOURTH the world for us.’ position parties ahead of the Lok Sabha in size when I joined. We have been a we got there.’ INDUSTRIAL elections of 2019, the former BJP presi- perpetual startup. I can realise what an REVOLUTION, BUT ON THE NEXT BIG dent pronounced that ‘Mahagathbandhan’ entrepreneur goes through. This coun- ON TRANSPARENCY WILL ALSO HELP DISRUPTION AND THE is synonymous to the alliance of the weak. try should produce 100s not 1000s of FOR DATA LEAD IT GREATEST CHALLENGE Confidently, the Union Minister spoke Dhirubhais (reference to his late father ‘Real right of a corporation is exactly FOR INDIA TO CONQUER how the BJP would sweep the Central and founder of Reliance). like a bank. That they can’t take your ‘Well, I think in terms of disruption the elections, he said, ‘The elections are dif- ‘He used to say, what we can learn money kept in their locker and gamble advantage that India has in the world ferent for the district, regional and nation- from others - Agar soch badloge toh it in the share market, then give back itself is being disrupted. The world it- al levels. The development agenda that kismat badlegi’ (If you change your only some of it. Fundamentally, your problem and scale it. I have the largest self is 80 trillion dollar world. This 80 we are working towards and the work that mindset you will change your fortune). data is yours. I have to be transparent faith in our young people in Jio. Data trillion dollar world is on the verge of did not happen for 50 years is happen- ‘We have grown up in a linear era. and share the data with you.’ in the world costs 8-10 dollars per GB. disruption, We undermine the power of ing in 5 and we are confident that at Lok In that era, we grow up by 1-2-3 steps. ‘India is in the era where this is When we set out to be an only data technology, what it will do.’ Sabha elections, we will win. Don’t calcu- In an exponential era, we go from 1- happening and India can lead others network as data is the foundation of ‘I think the simplest way of thinking late on the basis of Assembly elections.’ 2 to 10 steps, so it is a good time for in world. I strongly feel about the data the new world. If we did not have data about this is that the first, second and During his address, the Minister of India to embrace these technologies ownership. It is for small merchants, in this era we will be left behind. We third revolutions multiplied our muscle Road Transport and Highways delved and embrace the power of the youth. small businesses, even large busi- wanted quality and affordability.’ power. Whatever we could do earlier, into various other issues, where he laid I see a new mindset, the power of nesses. My business data should be ‘We wanted to build something that now we can do with 1000 more impact. across a developmental vision on road youth, and also a lot of problems. An my own data.’ every last Indian can afford. Today, we The difference in the fourth revolution and water transport, linking different entrepreneur finds a big problem and have the highest quality data for half a is this should be defined by principles means of transport, tackling pollution and solves it.’ ON WHETHER INDIAN dollar for a GB. We have 25,000 engi- of humanism and equality.’ even the concerns of the farmers. ‘Western friends say India is a ENTREPRENEURS SHOULD neers who made it possible. This con- ‘Difference between China and India ‘The most important thing with our country with a million problems. I say BUFFER THEMSELVES FROM nectivity, in a few years, it is ready to is a democracy. We must work for the government under PM Modi is that he’s India is a country of a billion oppor- GLOBAL PLAYERS go to the world.’ progress of 1.3 billion Indians. Young given a very appropriate vision for the de- tunities, and these opportunities can ‘I will be tempted to give you an an- ‘It is idea and innovation that will generation can build the next India.’ velopment of the country,’ he said. be seen. And that is the reason for my swer to say yes and will be careful and lead the world and not capital. Capital optimism.’ give you a principled view. The power will be abundant for the right people to- Watch the full session on Watch the full session on ‘Let’s not forget that in 1991 we of entrepreneurs is the ability to solve a day. I think we should really believe in www.republicworld.com www.republicworld.com

‘(Left) Mayukh Hazarika and Laili Dutta performed energetically, much to the awe of the audience (Right) The Shillong Chamber Choir covered few of the most popular songs and enthralled the audience. ‘There will never be a Union Minister Smriti Irani speaks nation-wide Mahagathbandhan’, says Praful Patel about the ‘Narrative for 2019’

he first panel MAHAGATHBANDHAN IS will Farooq Abdullah ji will agree discussion that there will be an alliance on THE WORD at the Re- ONLY A NOMENCLATURE the state level. India is a different SECULARISM DOESN’T public Sum- -- IT CANNOT BE A structure. India will never have one MEAN ABSENCE OF T mit 2018 ‘Mahagatbandhan’,’ he added. RELIGION. ALL CITIZENS, found Piyush Goyal, Union NATIONAL OR ONE Speaking of alliances Patel Minister for Railways and added that this is not the first time head of the 2019 Lok India, there IRRESPECTIVE OF CASTE there’s diver- diversity and respecting the diver- Coal, Dr. Farooq Abdullah, MAHAGATHBANDHAN. talking about alliances, citing the Sabha polls, Union can only be AND CREED ENJOY sity, while ac- sity’, he said: former J&K CM and JKNC Atal Bihari Vajpayee government. Textile Minister Sm- one narra- EQUAL RIGHTS UNDER knowledging ‘The 2019 narrative should be chief Praful Patel, and for- To which, Union Minister Goy- riti Irani addressed tive and there ONE CONSTITUTION. the time in the about diversity, preserving the di- mer Union Minister & NCP Questioned about building al said, ‘Vajpayee was a common A the gathering at the can be only history of man- versity and respecting the diversity leader in participation discussing consensus within the Mahagat- program, they were together in all inaugural Republic Summit 2018 on one way forward kind, where we and that’s the only way forward. various political, social and na- bandhan after coming into power, states. They were not fighting in Wednesday wherein she discussed which is develop- can actually lead a Humanity is an easy word to mouth tional issues. former Union Minister Patel said one state and together in another on various topics catering to the ment. For a surging na- change not only for our but to practice it, we will have to From politics to Pakistan ‘I don’t see any major issues state and some third alliance.’ political diaspora in the country. Re- tion, which is also an ancient country - men and women accept diversity. Definitely, we are and beyond, the panel touched there. The question of ‘Maha- Ex-Chief minister of Jammu sponding to the questions on ‘What civilization, there can also be this but for the world.’ going to be responsible to change upon various issues, including gatbandhan’ this name is only a and Kashmir, Farooq Abdullah the 2019 Narrative?’ in the light of connect with humanity. For an an- Further, debating on the ‘2019 the way the world is going to trav- the emergence of a ‘nationwide nomenclature. It cannot be a na- rebutted to that asserting, ‘But for the upcoming crucial elections, Sm- cient civilization, where a young de- Narrative’, el. Putting it to practice...we might Mahagathbandhan’. The panel tional or one Mahagathbandhan.’ national interest, we were one.’ riti Irani urged on the need for devel- mocracy breathes, I think it is quin- chief Kamal Haasan also provided agree to disagree but Nation build- discussed the Mahagathbandan ‘We have an alliance in Ma- opment for Surging India. tessential that we also celebrate on his views on the political landscape ing is more important.’ and lack of consensus in the Par- harashtra and other parties have Watch the full session on ‘I think fundamentally when you this journey of development, our ahead of the Lok Sabha polls. Stat- liament within parties. alliances in other states, and so www.republicworld.com ask the question what will be the diversity and look at exponentially ing that ‘2019 narrative should be Watch the full session on narrative for 2019 be, for a surging enhancing our capacities given that about diversity, preserving the www.republicworld.com 4 10 January 2019 AHMEDABAD, BENGALURU, BHOPAL, BHUBANESWAR, CHANDIGARH, CHENNAI, HYDERABAD, KOCHI, KOLKATA, LUCKNOW, MUMBAI, NEW DELHI AND PUNE COMMERCIAL FEATURE

Synergy to surge Shining light on

MAHARASHTRA’S CM DEVENDRA FADNAVIS the constitution AND ASSAM’S CM SARBANANDA SONOWAL FORMER CHIEF JUSTICE OF INDIA DISCUCSS HOW SYNERGIES AMONG STATES DIPAK MISRA EXPLAINS THE WILL BENEFIT ALL DEMOCRATIC SPIRIT OF THE CONSTITUTION ‘TODAY WHEN I ssam Chief Minister and much more. CONSIDER THE Sarbananda Sonowal CM Fadnavis said: ‘For a long and Maharashtra Chief time, the North-East was like a vote DEVELOPMENT OF Minister Devendra bank for people and there was no fo- MUMBAI, IT IS DUE TO A Fadnavis discussed cused policies for those states. The the problems facing their states on focus in the region started only dur- NOT ONLY THE HARD ‘The Synergy to Surge’ panel at the ing Atal Bihari Vajpayee’s reign.’ CM inaugural Republic TV Summit 2018 Sonowal agreed with this and even WORK OF THE MARATHI that was held in Mumbai recently. The went on to say that Narendra Modi PEOPLE, BUT ALSO panel dealt with the abysmal treat- was the fi rst prime minister to discov- ment of the North-East by previous er the North-East in the real sense, there has been a surge in growth in ALL THE PEOPLE WHO projects in the pipeline. What was governments, Maratha reservation in as he truly believes that it is the new all sectors only in the past few years needed, the two leaders felt, was Maharashtra, the current progress in engine for India’s growth. in roads, rails, communications, HAVE MIGRATED HERE synergies in place, so both states the North-Eastern states, inter-state ‘During the six decades of Con- highways, Internet connectivity and FROM OTHER CITIES OR benefi ted from it. migration, NRC (National Register of gress rule, the North-East had re- water transportation. Assam and Citizens) to tackle the illegal migrant ceived step motherly treatment,’ So- Maharashtra are progressing in vari- STATES.’ Watch the full session on threat and the Bangladesh border nowal declared. He also added that ous fi elds, with multiple infrastructure www.republicworld.com

EMINENT ECONOMISTS ndia being court of law had to gather FROM AROUND THE one of the the spirit of the constitution largest de- from the language of the WORLD SHARE THEIR Is India growing fast enough? mocracies constitution.’ VIEWS ON THE ECONOMY I in the world, The judge proclaimed OF INDIA AND ITS POSITION its Consti- that every contravention tution is what binds each of the letter of spirit of the AT A GLOBAL LEVEL citizen, and the court is constitution is bound to the place where justice un- have a chain reaction -- folds, former Chief Justice the scenario changes, the or some time now, of India Dipak Misra said focus changes. That the there’s been talk about at the Republic TV Surging spirit of the constitution India’s steady growth India summit in Mumbai. comes to the centre stage. and growing economy. He defi ned a constitutional A very interesting nu- F One of the most inter- democracy thus: ‘It is the ance that he shared was esting panel discus- sky where you that of the con- sions at the Republic TV Summit was do not have a sciousness of ‘Global economy powered by India’. singular sun but the Constitution. Moderating this panel was Sanjeev every star has The constitu- Sanyal, Principal Economic Advisor the potentiality tional spirit and in the Finance Ministry. According to to convert itself democracy, the Sanyal, India’s economy is arguably to a sun or a big- governance, the fastest growing in the world and been many economic reforms. ‘But I an assertive China in Asia is India,’ All the panelists seemed to agree ger light, bigger the economics, the country has sustained high rates really believe that there is still great and we have the Bhaskaran said. that even though India was growing at brightness.’ He whether it is cap- of growth for some time now -- this potential,’ he added. Barroso also US that’s not He emphasised a good speed, there is a need for an emphasised that it was es- italism, in its Indian-ness or is not a fl ash in the pan thing. India mentioned that the efforts to sign a going to let ‘THE ONLY OTHER that Europe is even faster pace, if India aims to be sential to keep to the spirit growth of economy, or the has been able to do this even without free trade treaty between the Euro- go, and that’s POWER THAT CAN too far away a superpower. Kotak Mahindra Bank of the constitution. growth of liberty -- all come macro indicators fl ying out of kilter. pean Union and India will play an making for a and Japan is Managing Director and CEO Uday Elaborating on the spirit within that. ‘We have only ‘So there is every expectation that important role. tense situa- POSSIBLY BALANCE US too small and Kotak shared similar thoughts about of the constitution, he cited one umbrella and nothing this sort of growth efforts can be sus- The panelists agreed that there’s tion. The only AND CHINA AND PRODUCE that only In- this. ‘If India really wishes to surge, the an example of a lawyer’s can be done without the tained,’ he said. been an acceleration when it comes other power AN OUTCOME THAT IS dia has the country needs to grow at 9 per cent argument in 1951 before sanction of the constitu- Sanyal asked José Manuel Bar- to India’s growing footprint in the that can pos- MORE COMFORTABLE FOR heft to make per annum real GDP for the next 20 the Supreme Court. ‘An ar- tional principle,’ he said. roso, the non-executive chairman at world. Economist Manu Bhaskaran sibly balance SMALLER COUNTRIES IN that difference years to get to where China is today. I gument founded on what is The consciousness of the Goldman Sachs International, how from Singapore added interesting these two and by balancing don’t think 7 per cent is good enough claimed to be the spirit of Constitution cannot be he sees the Indian economy now insights about the demographics. produce an ASIA IS INDIA.’ these two other for what India needs to be,’ he said. the constitution is always sacrifi ced, he added. compared to what it was a decade ‘Strategically, east and southeast outcome that is nations. So geo- attractive, for it has a pow- ago. Barroso said there were clearly Asia has become the real arena for more comfortable strategically, India is Watch the full session on erful appeal to the senti- Watch the full session on improvements and that there had big power contestation. We have for smaller countries important right now. www.republicworld.com ment and emotion. But a www.republicworld.com

Republic Summit 2018 GLIMPSES

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