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02/10/2007 - The OECD will publish its first Economic Survey of India – the world’s third largest economy after the US and China (1) - on Tuesday 9 October 2007. It argues that continuing market-orientated reforms is essential to ensuring strong economic growth and reducing poverty. The survey also looks at policies to improve areas such as infrastructure and education.

The survey will be available to journalists in English on the OECD's password-protected website at 09.00 Paris time (07.00 GMT, 12.30 in New Delhi) for immediate release. 

The survey will be presented by the OECD’s Secretary-General, Angel Gurría, at a seminar – open to the media – at 10.30 a.m. the same day at the Imperial Hotel, Janpath, New Delhi. D. Subba Rao, Finance Secretary at the Indian Ministry of Finance, will also participate. To register for the event, journalists are invited to contact Manmeet Ahuja, ICRIER, (tel: 91-11-24627447).

A Policy Brief with the main conclusions of the survey will be freely accessible in pdf format (in English and French) on the OECD’s web site at www.oecd.org/eco/surveys/india. You are invited to include this internet link in reports on the survey.

Among the questions investigated by the survey are:

• Why has recent growth been so rapid ?
• What reforms are needed to raise growth and lower poverty ?
• Which markets need further reform?
• Can infrastructure bottlenecks be lessened?
• Do public finances need change?
• How can the education system be improved ?

Journalists will be allowed advance access to the electronic version of the publication, by e-mail and under embargo, four hours ahead of release time. For journalists in Asia/Pacific time zones such advance access is allowed 12 hours ahead of release time.

The study will be sent by e-mail on request only. In asking to receive the survey under embargo, journalists undertake to respect the OECD’s embargo procedures. Requests to receive the survey by e-mail under embargo or to obtain a password to access the website should be sent by e-mail to Nicole Le Vourch in the OECD’s Media Division. 

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(1) - When measured at purchasing power parity.