Business

'This Is India's Worst Fiscal Crisis'

He appears very much the mild-mannered absent-minded professor, in stark contrast to the larger-than-life Joseph Stiglitz whose shoes he recently filled. But Nicholas Stern, chief economist and senior vice-president, World Bank, has an advanta

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'This Is India's Worst Fiscal Crisis'
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Could you tell us about your Indian experiences?

Is that a great deal in 50 years?

Worse than in 1991?

And we cannot just slash development expenditure to turn around...

Reforms have moved to states which are more populist than the Centre...

Going by the World Development Report 2000, you don't seem to have made much progress towards "a world free of poverty"...

Your new approach to tackle poverty is opportunity, empowerment, security. What is empowerment?

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