NDTV: Over the decades, India has always considered, oh, we don't export much, not important, we should have been an export led growth country. And then he showed this and let's have a look at the data. India's exports have grown year by year, third fastest in the world, Vietnam, almost 16%, China 15.5, in India 13.4. And the world average is 6.9. And we are just India. Very fast growth of exports really helped our GDP. And it's not just software exports, we look at manufacturing exports, that's the other data you brought up. And that shows you know everybody thinks, oh yeah, there's all software. No, no, manufacturing. Vietnam 19.9, China 14 and India you know, nearly there, third 12.1. That is just astounding data. And this helps the GDP a lot, hasn't it over time?
Dr Arvind Subramanian: I think what this reminds us is that when our exports do well, our economy does well. And that we have done well, not just in services exports, but also in manufacturing exports. The two I think, things to keep in mind, however, is that we've done very well in terms of high skill manufacturing exports, but the unskilled manufacturing like textiles, clothing, leather, footwear, toys, all those things which create, are done as well. So that's the first thing to keep in mind when we're talking about policy going forward. The second thing, the second thing, I think, which is really why I think everyone should take notice of this data, is that, you know, Prannoy reminds me a little bit of the debate in the '50s and '60s, you know, there was this whole, you know, export pessimism, you know, India can't export. So therefore, let's turn inward. And in fact, one of the few people then who said no, India's exports prospects are good was in fact, Dr Manmohan Singh, he wrote a famous book on the saying that, you know, we shouldn't be pessimistic. So now, in fact, it's likely in a twist of fate, even though we've done well on exports, we kind of turning inward, as if, you know, forgetting that, you know, the way to, you know, expanding the Indian economy is by, you know, doubling down and expanding manufacturing and low skilled manufacturing growth.
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