<h1>Dr. Kaushik Basu Clarifies Economic Predictions: India Could Emerge as Fastest-Growing Economy Post-2014 Crisis.</h1> Dr. Kaushik Basu, Chief Economic Advisor, clarified his remarks from a lecture at the Carnegie Endowment, highlighting that his views may not reflect those of the Indian government. He discussed a potential global economic crisis in 2014 due to European banks repaying loans, suggesting this could lead to India becoming the world's fastest-growing economy post-crisis. Basu noted India's economic slowdown due to coalitional democracy, affecting reforms like GST. He suggested that reforms such as FDI in multi-brand retail might proceed without opposition support, potentially boosting economic sentiment. Misreporting linked his comments on Europe with the 2014 Indian elections.