Democracy one of India's greatest strengths, says Arun Jaitley

The turmoil in world markets this week has raised concerns about the strength of the world's emerging market economies.

But one potential bright spot is India. Its economic growth rate has overtaken China, and the International Monetary Fund predicts it could soon be the world's third largest economy.

The BBC's business editor, Kamal Ahmed, has been speaking to the country's Finance Minister Arun Jaitley about India's ambitious attempts to reform.