Chennai, Sep 27 (PTI) India's share of the world economy would be a "poor third" at 8.2 per cent in 2015, while China and the US are expected to garner a share of 19.5 per cent each, renowned economist Shankar Acharya said today.

(From Press Trust of India)

Delivering a lecture on the Indian economy here, Acharya, who is on the board of the Indian Council for Research in International Economic Relations, said that several areas required attention for the Indian economy to grow at a much faster pace.

These included reforms in the labour laws, revitalising agriculture, removal of infrastructure bottlenecks, revitalising the privatisation programme, the high state and central government fiscal deficits and the revamp of the primary education and healthcare, he said.

While India, which is currently growing at 6.6 per cent annum, would account for only 8.2 per …