New -delhi, October 3 (IANS). Former Deputy Governor of the Reserve Bank of India (RBI) Michael Patra, while addressing the ‘Kautilya Economic Conference-2025’, emphasized the growing role of India and the changing world system in the global economic scenario. Former Deputy Governor of the Reserve Bank of India, Michael Patra, spoke to Ians that every conference focused on contemporary development. The focus of the conference this year is to find a way of shared wealth amid current global uncertainty. Patra said that the conference focuses on contemporary global challenges each year. In the year 2022, the role of ‘fire’ between wars and fragmentation in 2023, and in 2024, was discussed and the role of India in green energy and new technologies in 2024 was discussed. He emphasized the role of India and said that it is the youngest and largest country in the world, it is natural to look at India to Asia. India’s traditional relations are with Asian countries. Patra said: “In the next century, if the unstable powers such as war or growing age have not become effective, India’s tendency for Asia will be stronger.” With the benefit of its youth population and economic capacity, India must play a leadership role on the global platform. “He said India is moving quickly to strengthen its position in a multi -polar world. India not only contributes to economic development, but can also play an important role in solving global challenges. Over GST reforms, the former Deputy Governor of the Reserve Bank of India said that India has already taken steps in this direction. I also heard a lot of policy directions, suggesting that an issue package would come. Platform for India, where subjects such as global economic policies, green energy and technological innovations are discussed.
India’s growing role commendable, Asia is the center of the global economy: Michael Patra
