Every risk is an opportunity for innovation and change
“Every risk is an opportunity for innovation and change,” said the FM, P. Chidambaram, addressing the opening plenary of the World Economic Forum’s 22nd India Economic Summit. “Risk gives the impetus to bring about technological change. Therefore, I would regard these risks not merely as risks but as opportunities to move ahead at a swifter pace.” The FM was concerned about abuse of water when hew said, “Water poses the greatest challenge to India. We waste an enormous amount of water. That has to stop.” The FM said that India>cannot accept demands of the West to curb its energy use in order to reduce global environmental damage.
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a foundation in 1971, and based in GenevaSwitzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan, or national interests. The India Economic Summit is being held in New Delhi from November 26 t0 28.