'If we're not at the table, we're on the menu.' When Canadian PM Mark Carney delivered this line at Davos this January, he didn't have India on his mind. But the one significant achievement of the last 12 yrs of this government has been to get India a seat at the high table with the big boys.
India is back to the classic 'risk vs uncertainty' dilemma. Today, we have reached a phase of extreme uncertainty, where the probability of understanding the consequences of events is an 'unknown unknown'. To face such uncertainty, our systems should not only be resilient but also be - to use Nassim Nicholas Taleb's term - antifragile. Which India is becoming.
