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    <title>Clarification by Dr. Kaushik Basu, Chief Economic Advisor, Regarding his Lecture at the Carnegie Endowment in Washington.</title>
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    <description>Clarification that the Chief Economic Adviser&#039;s lecture remarks reflect personal views, not Ministry positions, and that he warned of potential systemic stress from large European bank obligations which could trigger global economic disruption; he projected a subsequent acceleration of Indian growth and identified coalition politics as slowing reforms such as the GST while noting that measures like foreign direct investment in multi brand retail could advance without opposition support and lift economic confidence.</description>
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