India needs geo-political stability to achieve growth

India needs geo-political stability to achieve growth
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India has to invest in education at all levels and in building human capability to take advantage of the emerging shift in the global economic balance from the Western countries, said Sanjaya Baru, Distinguished Fellow, United Service Institute of India. 

Hyderabad: India has to invest in education at all levels and in building human capability to take advantage of the emerging shift in the global economic balance from the Western countries, said Sanjaya Baru, Distinguished Fellow, United Service Institute of India.

“The global balance of power is moving towards multi-polarity in which a shift in the distribution of power is being witnessed. Power is no longer concentrated in the hands of one or two countries. In such an environment, India needs geo-political stability to achieve growth. The country needs to invest in education and in building human capability to take advantage of the opportunities offered by a multi-polar world,” he said.

Delivering the fifth N J Yasaswy memorial lecture on Friday, Baru said with Europe losing its competitiveness, Asian countries, including China and India, would soon catch up with the developed world, provided these countries invest in building human capability and well being.

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