STANDPOINT by Atique Naqvi

With a huge human capital, India could easily turn its economic challenges into opportunities if the institutions of the government of India overcome hurdles such as corruption. ** By Atique Naqvi, aka Syed Atique Hussain, Boston, United States India will be among the top 3 economic powers within the next 10-15 years. India Gate in New Delhi. Corruption continues to be the biggest hurdle in India’s economic growth, say senior business executives surveyed by the World Economic Forum in 2017. The business-friendly government in New Delhi has taken several measures in the past few months to boost the growth of the seventh largest economy in the world, but small businesses are yet to recover from measures such as demonetization and the introduction of unified Goods and Services Tax (GST). With 1.34 billion people, the country is on the move. A recent World Economic Forum report says globally India sits between France and Italy. “Its GDP growth recently dipped to 5.7%; s

Concerns over the safety of nuclear power plants have marred the investments in the sector, but with new technology, the landscape is set to change in the next few years. ** By Atique Naqvi aka Syed Atique Hussain, Boston, United States Total energy investment worldwide was around $1.7 trillion. The positive outlook for the global economy is fueling investments in several sectors of the economy including energy. The public and private sector investments, international trade and favorable employment figures are boosting the overall spending in the global markets. The investments in capital-intensive projects and usage-intensive sectors such as energy are on the upswing, and nuclear energy is not different. The International Monetary Fund in its World Economic Outlook Report released in October 2017 says the global growth forecast for 2017 and 2018 is 3.7 percent and 
 3.8 percent, respectively. “Notable pickups in investment, trade, and industrial product