Karnataka’s GCC Policy: A $50 Billion Vision for Economic Growth

Simply Economics

Karnataka unveils India's first global capability centre (GCC) policy, aiming to establish 500 GCCs and generate 3.5 lakh jobs by 2029, contributing $50 billion to the state's economy. Meanwhile, China announces a bold stimulus package, marking a significant economic intervention. Join us as we explore the implications of these developments on global markets and the future of economic policy. Plus, insights into education's role in fostering human flourishing and Vice President Kamala Harris's new economic message ahead of the 2024 election.
Sources:
https://www.deccanherald.com/india/karnataka/k-taka-launches-india-s-first-gcc-policy-draft-eyes-50-bn-biz-in-5-yrs-3210339
https://www.economist.com/finance-and-economics/2024/09/27/at-last-china-pulls-the-trigger-on-a-bold-stimulus-package
https://www.aei.org/multimedia/the-economics-of-flourishing-on-education-and-early-childhood/
https://www.newsweek.com/harris-honing-new-economic-message-that-leaves-bidenomics-behind-1960167
Outline:
(00:00:00) Introduction
(00:00:41) Karnataka launches India’s first GCC policy draft, eyes $50 billion business in 5 years
(00:04:00) At last, China pulls the trigger on a bold stimulus package
(00:06:40) The Economics of Flourishing: On Education and Early Childhood
(00:09:14) Harris honing new economic message that leaves 'Bidenomics' behind