India Observatory launched at London School of Economics

The observatory, expected to promote intellectual engagement between the UK, Europe and India, was launched on Monday night.

LONDON: To foster India-related research and knowledge exchange, an 'India Observatory' has been launched at the famous London School of Economics (LSE) here.

The observatory, expected to promote intellectual engagement between the UK, Europe and India, was launched last night with Commerce and Industry Minister Kamal Nath and Y V Reddy, Governor, Reserve Bank of India among other guests.

Speaking on the occasion, Howard Davies, Chairman, LSE, said: "The Centre would play a vital role in sustaining and developing LSE's long standing partnership with India. "It will act as a hub to renew, engage and develop strong links with Indian academic institutions, government and corporate bodies to further knowledge exchange and contribute to the debate on broader policy issues by promoting and supporting an active engagement with India," he said.

The centre would also assist in wider international research works with partners in Asia and beyond, as well as facilitating research and training, Davies added.

Later, participating in a panel discussion titled "India at 60 in a Changing World: next 20 years", Kamal Nath insisted India had not wasted the first four decades after independence. "It was Pandit Jawaharlal Nehru's vision to build a strong industrial base and also build institutions and democracy in the country. "In the second phase we launched the reforms. We are not only the largest democracy but we are also the rowdiest democracy. In the second phase we embarked on India-specific reforms", he said.
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