Sarla Anil Modi School of Economics, a constituent school of NMIMS, deemed-to-be-university organised its annual Economics Conclave last week, where RBI Deputy Governor, Dr Subir Gokarn, addressed the audience.
The theme of the conclave was ‘Indian Economy – Navigating Choppy Waters’. It saw participation from students who got an insight on the Indian economy and the challenges it faces. The key note address delivered by Dr Gokarn was about managing inflation and the challenges for the Indian Central Bank.
This was followed by a panel discussion on the theme of teh conclave. The panelists, including Dharmakirti Joshi, Chief Economist, CRISIL; Dr Thomas Richardson, Senior Resident Representative, India and Nepal, IMF; Dr Abhay Pethe, Professor, University of Mumbai, Niranjan Rajadhyaksha, Executive Editor, Mint and Nilesh Shah, Deputy Managing Director, Axis Capital were of the opinion that India needed to concentrate more on domestic structural factors, internal governance systems and reaping its demographic dividend, rather than view international factors as impeding its growth story. With adequate attention paid to these domestic factors, there was no reason why India could not manage to achieve its potential rate of output. The discussion was moderated by Joshi.