Opportunities and Challenges Facing the World’s Fastest Growing Economy.

Event Recap

The IMF’s World Economic Outlook estimates that the Indian economy will grow by 7.8 percent in 2019, making it the world’s fastest-growing economy in both 2018 and 2019. With 1.2 billion people and the world’s third-largest economy, India has become a global economic giant.

While India’s progress has been significant, it still faces considerable challenges in terms of poverty and inequality, energy access, pollution, and infrastructure development. Recent reforms aim to empower the people, especially the poor, with universal access to education and health, and facilitate their full participation in their nation’s economic growth.

The Becker Friedman Institute for Economics (BFI) and the Tata Center for Development at UChicago(TCD) welcomed Arvind Subramanian, Chief Economic Advisor to the Government of India, to discuss the short- and long-term economic opportunities and challenges facing India. Michael Greenstone, the Milton Friedman Professor of Economics, the College, and the Harris School, and the Director of BFI, moderated the conversation.

Watch a video of the conversation

Audience Q&A

Nancy Stokey, the Frederick Henry Prince Distinguished Service Professor in Economics and the College at UChicago, posed questions on economic growth during the audience Q&A.

Event Description

This event was hosted by the Becker Friedman Institute and the Tata Centre for Development.


Monday, April 16, 2018

10:30 am

Welcome and Introductions

Surbi Luhadia MBA Candidate, Booth School of Business
12:00 pm

Moderated Discussion

Arvind Subramanian Chief Economic Advisor, Ministry of Finance, Government of India
Michael Greenstone Faculty Director; Milton Friedman Professor in Economics, the College, and the Harris School
12:30 pm

Audience Q&A

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Event Recap

The two-day conference highlighted some of the layered challenges facing India’s slums.  Anup Malani, the Lee and Brena Freeman Professor at the University of Chicago Law School, harped on the fact that slums are not just a product of limited state capacity but a withdrawal of what limited capacity there is.

Adam Chilton, Assistant Professor of Law at the University of Chicago Law School, presented various socio-economic factors responsible for the growing demand for slums. Debolina Kundu, Associate Professor at the National Institute of Urban Affairs in New Delhi, argued that as opposed to the general perception, urban growth in India is witnessing a southward trend and rural-urban migration is also on decline.

While Amita Bhide, professor at the Tata Institute of Social Science, Mumbai pointed out how slum development narrative in Mumbai is centered on how to make it feasible and profitable for real estate developers, Pratima Joshi of Shelter Associates in Pune explained how granular data guides local government when it comes to giving access to improved sanitation and other essential services in slums.


Event Description

Urbanization is an important step in India’s development: millions of people, by revealed preference, are demonstrating that they are better off in cities than in rural villages. Yet urbanization also has the potential to result people being pushed into new slums and also contribute to the worsening of living conditions in existing slums.

Additionally, poor health and sanitation conditions may temper the economic benefits of growing. Now is a crucial time for academic and practitioners to develop nuanced understandings of slum conditions and collaborative proposals for interventions to help improve the social and economic conditions in India’s urban centers.

The conference will focus on discussing issues related to urban poverty in India, including: rural-to-urban migration, health in slums, property rights, housing policy, and the provision of public services. The event will bring together experts from the University of Chicago on law, development, housing and land use policy, and urban planning, along with scholars, community leaders, practitioners, government leaders, and experts from India.

University of Chicago Law School Professors Adam Chilton and Anup Malani will also present early parts of their book project based on qualitative and quantitative research on slums in major Indian cities.  The conference will create a dialogue for researchers to present research that is relevant to improving the economic and social development of slums, and for the researchers to learn from the practitioners and community leaders about the most pressing policy problems facing India’s slums.

This conference was held in collaboration with PUKAR, an organization that conducts community-based participatory research in Mumbai’s slums, to explore these issues


  • Anup Malani

    Lee and Brena Freeman Professor at the University of Chicago Law School and Professor at the Pritzker School of Medicine

Event Recap

The experts, who participated at the roundtable, called for exploring multiple approaches to water quality monitoring and setting standards for the country to follow. A national water quality monitoring protocol, they felt, could be one of the ways to guide institutions on how to increase efficiency and accuracy of monitoring.

The experts also recommended developing a Water Quality Report, which can be a reference document for policymakers as well as those working in this domain. It was suggested that documentation of good practices can convince government about the transformation that can be brought.

The experts also proposed creation of a network of hydrologists, doctors, technology people and social entrepreneurs who would collaboratively look at every component of water monitoring.


Roundtable on Water Quality

Event Description

This roundtable, hosted by the Tata Centre for Development at UChicago in collaboration with International Innovation Corps, will deliberate on a wide range of issues related to water quality monitoring. Researchers, policy advocates, and on-the-ground practitioners will come together to discuss how to create actionable data on water pollution, influence policy, and boost India’s potential to fight pollution in its rivers.

At a time when there is an enormous need for monitoring and mapping water quality at high spatial and temporal resolution, this roundtable gives a platform to discuss the future of gathering and disseminating water quality data. The roundtable will also explore opportunities to collaborate on creating a common platform to address water quality challenges.

Registration for this event is by invite only.


Friday, January 11, 2019

2:30 pm–3:00 pm


3:00 pm–3:05 pm

Welcome Address: Dr. Leni Chaudhuri, Country Director, Tata Centre for Development, UChicago

3:05 pm–3:10 pm

Water-to-Cloud Program: Prof Supratik Guha, Institute for Molecular Engineering, University of Chicago

3:10 pm–3:10 pm

Roundtable: Participant Introduction

3:10 pm

Session I: Making Data Actionable

4:10 pm–4:55 pm

Session II: Making Cross-Sectoral Linkages

4:55 pm–5:00 pm

Closing Remarks: Shriya Sethi, Associate Director, Projects, International Innovation Corps, UChicago


  • Supratik Guha

    Professor at Institute for Molecular Engineering, University of Chicago
  • Jagdish Kumar Bassin

    Chief Scientist & Head, CSIR-NEERI
  • Pawan Labhasetwar

    Head of Water Technology & Management, CSIR-NEERI
  • Raman VR

    Head of Policy, WaterAid
  • Sanjib Pohit

    Professor, NCAER
  • Mriganka Saxena

    Senior Consultant, Delhi Jal Board
  • Kavita Shah

    Dean, Institute of Environment & Sustainable Development (IESD) at BHU
  • Sukanya Randhawa

    AI researcher at IBM and co-creator of GangaWatch App
  • Samuel Rajkumar

    Foundation for Environmental Monitoring
  • Sumit Gautam

    Senior Programme Lead, CEEW
  • Devin Miller

    Co-Founder & CTO at NextDrop Technologies
  • Samrat Basak

    Director – Urban Water, World Resources Institute
  • Nalin Patel

    Waterscope, Cambridge University
  • Vidyarthi

    Central Pollution Control Board
  • Smita Rakesh

    Tata Trust & Social Alpha