India can develop if youth avoid drugs, reels, mobile addiction: Sports Minister
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Business Standard
43 minutes ago
- Business Standard
A World in Flux: Sitharaman flags need to reshape institutions for present
A new book titled 'A World in Flux: India's Economic Priorities' was launched on Saturday at the India International Centre, New Delhi. The festschrift honours economist Dr Shankar Acharya and was released in the presence of several leading economists and policymakers. Published by Rupa Publications, the book is co-edited by Professor Amita Batra of Jawaharlal Nehru University and veteran journalist A K Bhattacharya. It brings together essays by noted economists and policy experts, examining the evolving global context and its implications for India. Finance Minister reflects on global flux Union Finance Minister Nirmala Sitharaman, the chief guest at the event, addressed the audience with remarks on the rapidly changing global economic environment. 'The phrase 'A World in Flux' is indeed an apt description of the times we're living in,' she said, pointing to the growing uncertainties facing multilateral institutions. 'Institutions that were once seen as stable and effective - particularly multilateral institutions - now appear to be in a state of limbo. Not just financial institutions, but strategic ones as well.' Referring to India's G20 presidency, Sitharaman noted that these challenges had been central to India's Finance Track agenda. 'During the G20, we saw an opportunity to address the growing challenges in the global financial architecture,' she said. She highlighted the role of an expert committee that provided key recommendations during the presidency. These were well received by Brazil and are expected to be carried forward by South Africa. 'At that time, the committee's terms of reference seemed adequate. But with hindsight, perhaps those terms could have been even broader, given the complexity of today's world. The flux we're experiencing isn't abstract - it's real, visible, and accelerating.' Sitharaman emphasised that these changes are not limited to institutions and experts, but are being felt by ordinary people. 'We're seeing an increasingly complex global financial environment. The challenge is not only for India, but for the world: how do we shape institutions that are relevant for today and tomorrow?' she said, adding that currency frameworks themselves are now evolving rapidly. Amita Batra on the book's relevance Speaking at the launch, Professor Amita Batra remarked on the book's origins and growing relevance. 'At the time we began work on it, global institutions, economic frameworks, foreign and trade policy instruments were already being used in new and different ways.' She explained that while the title A World in Flux was an intuitive choice then, its relevance has only increased. 'The global context today continues to be uncertain. The world economy is increasingly shaped by trade protectionism, state intervention, and industrial policy,' she said. These shifts, she added, raise important questions about the relevance of the old multilateral order and the possible need for a new one. 'If so, what should its parameters be?' she asked. The book, she noted, seeks to explore how these global dynamics are reshaping India's development priorities and the opportunities they present. 'With that framework in hand, we worked to bring together contributors who had not only deep expertise in these areas but also a professional association with Dr Shankar Acharya,' she said. Panel discussion features leading economic voices The event featured a panel discussion with several distinguished speakers, including: The discussion offered an opportunity to reflect on India's shifting economic landscape, with a focus on policy priorities amid an increasingly uncertain global order.
News18
an hour ago
- News18
Brihadeeswara temple top priority: Union Minister Shekhawat
Thanjavur, Jul 26 (PTI) Union Minister of Culture and Tourism, Gajendra Singh Shekhawat on Saturday said conservation and protection of the Brihadeeswara temple is a top priority. Since the Chola-era temple here is a UNESCO world heritage monument, the government's commitment towards its conservation and protection is always highest on the priority, Shekhawat told reporters here. Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hindustan Times
an hour ago
- Hindustan Times
Why is NDA ally Chirag Paswan upset with Nitish Kumar govt in Bihar?
With months to go for assembly polls in Bihar, Union Minister and Lok Janshakti Party (Ram-Vilas) leader Chirag Paswan has been vocal in his criticism of the Nitish Kumar-led NDA government over the law and order situation in the state. New Delhi: Union Minister Chirag Paswan during the first day of the Monsoon session of Parliament, in New Delhi, Monday, July 21, 2025.(PTI) Following the gang-rape of a woman inside an ambulance while she was being taken to a hospital in Gaya, Paswan said he is "saddened to support such a government" which has failed to curtail the rising crime in the state. Without mincing words, Chirag said, "The way crime is happening in Bihar, the administration has totally bowed down in front of the criminals." Also Read: 'Feel sad to support…': Chirag Paswan's fresh attack at Nitish govt in Bihar "Why are such incidents like murder, loot, dacoit, rape, one after another, happening in Bihar? It looks like the government is totally unsuccessful in curtailing these incidents. If this keeps going on, then it will create a very frightening situation in our state," Paswan said. "Either the administration is in collusion with it, or the administration has become completely useless...I feel ashamed that I am supporting such a government, under which crime has gotten out of control," the LJP leader alleged. The criticism comes after a female candidate participating in the Home Guard recruitment race fainted during the event and was gang-raped by two while being transported to the hospital. However, this is not the first time he launched an attack at the Nitish Kumar-led government. Also Read: 'Morale of criminals is sky-high': Chirag Paswan hits out at Nitish govt over Bihar's law and order Last week, Chirag, while responding to a murder inside Paras hospital in Patna, said the "morale of criminals is sky-high." "The attack inside Paras hospital in Patna's residential neighbourhood proves that criminals are openly challenging the law and administration,' he added. The Hajipur MP was responding to gangster Chandan Mishra's murder, who was shot inside Patna's Paras Hospital while he was out on parole for treatment. Why is Chirag upset with the Nitish government? In recent months, Chirag Paswan, who is an ally in the NDA government at Centre, that he is not happy with the Nitish government over the law and order situation. The criticism from the NDA ally comes amid a series of shooting incidents in the state, which is heading for assembly elections in a few months. While Chandan Mishra was shot dead inside a hospital, Gopal Khemka, a businessman, was also fatally shot outside his residence in a posh Patna locality. Another BJP leader, Vikram Jha, was shot by an unknown attacker in Patna. Two more incidents of murder also took place this month, where a lawyer and a teacher were killed in separate incidents. Reacting to the incidents on June 12, Chirag asked, 'How many more murders will Biharis face now? It is beyond understanding what the responsibility of the Bihar Police is.' The criticism of the Nitish government comes as the LJP (RV) leader has announced that his party will contest all 243 seats in the upcoming elections. In the 2020 assembly elections, Chirag's party chose to contest Bihar elections outside the NDA alliance. Though his party chose to skip seats where the BJP was contesting, the LJP candidates fought on the seat where Nitish Kumar's JD(U) was contesting, in a bid to target the BJP votes in his favour. The party won only one seat in the Bihar assembly, but managed to limit the JD(U) to merely 43 seats.
