KATRA, Feb 18: Renowned Economist, politician and Member of Parliament, Dr Subramanium Swamy has said that the objective of an Economist in Indian perspective should be to have the ability to blend economic sustenance with spiritual advancements.
While delivering a lecture at Shri Mata Vaishno Devi University, where he was chief guest at the valedictory function of megafest “Artha’, organised by School of Economics, SMVD, Dr Swamy stressed that one must know economics in holistic way and use it for the development.
“The economics has transformed and now it is a science that would help in shaping the world, with a perspective,” he said and added that each country and region have their comparative advantages and hence an economist must look into the resource competences and address the solutions with micro as well as macro perspectives.
Dr Subramanium Swamy stressed that an economist must be able to distinguish clearly between micro and macro aspects of economics. He emphasized upon the core of Indian ethos and culture and said that the prime objective of the Indian development is attaining happiness and not only profit maximization or production approach.
“The young shaping economists must keep the social context and the objective of creating happiness at the core of materialistic development. More materialism leads to more greed and hence more corruption,” Dr Swamy opined while addressing the young minds.
He also emphasized upon the power of women in the society and said that the women in Indian society have always been given highest importance and that has paved the way for peace and development.
Impressed with the serenity and modern infrastructure of the University, Dr Swamy said that he would be willing to take up teaching again in such University.
Earlier, Dr. Sanjeev Jain, Vice Chancellor, SMVDU, apprised the chief guest about the university achievements.
The event Artha was a mega fest organised by the students of School of Economics in SMVD University, from 16-18 February 2018.
The event ‘Artha’ witnessed various competitive and knowledge gaining events such as future Chanakya, Quizonomics, Ecoscrap etc. SPMR college and APS bagged first position in Future Chanakya. Students from SPMR College and SPMR School won first prize in Quizonomics and Rock-O-Nomics, while GCW Udhampur won first prize in Shipwreck, KC Public School and APS Sain Xaviers, KV-1, were winners in Delve through the lens of nature.
Prof D Mukhopadhaya, Dean Faculty of Management, distributed the prizes