In the recently concluded G20 Mexico Summit, Prime Minister Dr. Manmohan Singh once again made his presence felt among the World Leaders and made Indians proud, with his candid remarks on the way Eurozone challenges have been handled in the recent sovereign debt crisis. His sentiment on austerity, in tandem with growth, was well received by other leaders as well and there was a general agreement that policies in all countries must shift towards strengthening growth. His focus on investment towards development of infrastructure in Developing Countries for boosting global recovery was also met with general support. The favorable outcomes of the summit augur well for the nation and I hope to see India leveraging those results in the near future to boost the domestic economy.
(excerpts from the EDs(LS Ram) desk July 2012)