Takeaways from an Oxford-style debate featuring Saurabh Mukherjea, founder and CIO, Marcellus Investment Managers, arguing for the motion, and Madan Sabnavis, chief economist, Bank of Baroda, arguing against the motion
At the 2022 Forbes India Leadership Awards in Mumbai on March 25, where the best of India Inc was honoured, the audience listened with rapt attention to a power-packed Oxford-style debate. Two speakers—Saurabh Mukherjea, founder and CIO, Marcellus Investment Managers, and Madan Sabnavis, chief economist, Bank of Baroda—put across their points on: Will the government’s capex boost kickstart private investment and economic growth? In the current macroeconomic environment, there are concerns if the government’s capex push of ₹7.5 lakh crore can revive business sentiment, spur consumption, and fast track growth through a multiplier effect. Â
(This story appears in the 22 April, 2022 issue of Forbes India. To visit our Archives, click here.)