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Press Release for Interaction with Executive Director of World Bank Monday, 27 July 2015

Press Release for Interaction with Executive Director of World Bank
Monday, 27 July 2015

The Consulate General of India, New York and the renowned NGO Jaipur Foot collaborated in hosting an interaction with the Executive Director of the World Bank Group for Bangladesh, Bhutan, India and Sri Lanka; Mr. Subhash Chandra Garg. The event began with the gathering observing a minute of silence in homage to Hon'ble former President of the Republic of India, Dr. APJ Abdul Kalam.

The NGO Jaipur Foot presented a short video to introduce the audience to their efforts and then members of their team, including Jaipur Foot USA Chairman; Mr. Prem Bhandari (who spoke in Rajasthani), as well as Youth Coordinator; Mr. Vibhor Dhadda, addressed the gathering. The Consul General, Ambassador Dnyaneshwar Mulay, made brief remarks to welcome Shri Garg and inform the audience about the Consulate's activities. The chief guest, Mr. Subhash Chandra Garg, then addressed the audience on the topic: India's Growth and Development, Multilateral Agencies and the Indian Diaspora. He spoke at length about the economic reforms in India and the changes and initiatives he believed were needed to catapult India into the world's second largest economy by the year 2050. He also spoke about the involvement of multilateral agencies such as the World Bank in furthering the development of India as well as the importance of furthering India's service industry and infrastructure.

Mr. Garg also mentioned the significance of the Indian Diaspora in India's economic development and the importance of foreign markets in providing employment to Indian nationals. The audience was then given a chance to ask Mr. Garg questions in reference to his speech as well as related topics. A lively discussion followed on several subjects related to India's growth path and factors that would contribute towards it.