Sri Guru Gobind Singh College of Commerce, University of Delhi organised its 4th National Conference on “Contemporary Reforms in Management, Economy and Applied Business”on February 9, 2018.
The occasion was graced by the benign presence of Former Deputy Chairman, Planning Commission – Sh. Montek Singh Ahluwalia as Chief Guest, Prof. Biswajit Dhar (JNU) and Sh. Rohit Chopra – CEO Times Group, TIMDAA as Guest of honour.
The occasion was also marked by the presence of members of the Governing Body of the college – S. Ranjit Singh jiSible, Treasurer and S. L S Bahal, Member, Governing body and Dr.Jaswinder Singh, Principal, SGTB Khalsa College.
Dr.JatinderBir Singh, Principal, Sri Guru Gobind Singh College of Commerce welcomed all the dignitaries marking the onset of inaugural session. He raised concern over the problems faced by agricultural sector of the country and the need for structural reforms in external and macro environment.Sh. Montek Singh Ahluwalia gave his visionary perspective linking the concept of population growth, per capita income and GDP growth rate over the years.
He highlighted that the reach of reforms should be towards increase in per capita income so as to raise economic growth. He focussed on the need of structural reforms to catch up with our counterparts like China which began the reform process at roughly the same time as India and other ASEAN nations.
These reforms include three major steps namely – finding change, positioning yourself for change and adopting new technology. Sh. Ahluwalia further stressed on issue of doubling farmers’ income though non-agricultural activities and enhanced focus on combination of various agricultural amenities like irrigation facilities, soil quality, organic farming other than subsidies. Addressing some of the queries of curious audience and enthusiastic students he emphasised the need for improvement of institutional framework from grass root level so that fiscal system redistributes the increased growth at each and every level for removal of inequalities.
Further, he also proposed some reform measures to boost growth that includeremoval of quantitative restrictions on trade, tax reforms, Public Private Partnership to name a few. He strongly supported the need for a roadmap for country’s enhanced growth and development.
Prof.BiswajitDhar from JawaharLal Nehru University, discussed farmers distress and inequality in Indian agriculture sector. He shared his thoughts on serious situation of trade front and GDP development of India and China by quoting limited ability of penetration to partners market due to lack of competitiveness in manufacturing structure.The session concluded with Mr. Rohit Chopra, CEO of Times group discussing the real time case study of reforms in Aviation sector. He encouraged delegates to have visionary skill to be an entrepreneur and a business man to bring out contemporary reforms in Indian institutional structure.
The inaugural session of the Conference was followed by Four Technical sessions namely Reforms in Trade, Business and Economy, Innovations in Management and Human Resources, Contemporary Issues in Marketing and New Paradigms in Macro-economic policy each chaired by Dr Rajesh Chadha, Sr. Fellow and Sr. Research Counsellor, NCAER, Prof A. K. Singh, Department of Commerce, DSE, University of Delhi, Prof. (Retd.) D P S Verma, Department of Commerce, University of Delhi and Sh. Mohan Chutani, Economic Advisor, Ministry of Corporate Affairs and co-chaired by Dr. Amitabh Gupta, Associate Prof., Department of Financial Studies, University of Delhi, Dr.Shikha N Khera, Associate Professor, Delhi Technological University, Dr.Ekta Duggal, Assistant Professor, MotiLal Nehru College, University of Delhi and Dr. Soma Dey, Assistant Professor, Faculty of Management Studies, University of Delhi respectively.
The event was marked by presentation of about 40 research papers coming from different regions of the country to discuss diverse research issues on the relevant theme.
Highly awaited conference concluded by words of wisdom from Guest of Honor,Prof.Kavita Sharma, HOD, Department of Commerce, University of Delhi. Certificates were awarded to Best paper presentersfrom each technical session. It was an inquisitive and enriching day for the faculty members, research scholars and students of the college.