Excelsior Correspondent
JAMMU, Feb 9: A two-day seminar on ‘India’s Pathways to Next Economic Powerhouse by 2047’ organized by the Department of Economics and sponsored by the Indian Council of Social Science Research, New Delhi, began today at University of Jammu.
In the inaugural function, Prof Naresh Padha, Dean Academic Affairs JU, was the chief guest while the key note speakers of the inaugural function were Prof Charan Singh, Chief Executive, EGROW Foundation; Non-Executive Chairman, Punjab & Sind Bank; former Professor of IIM Bangalore, former Director, Department of Economic Policy, RBI; former Senior Economist IMF and Prof Aparna Negi, Professor, Department of Economics, HP University, Shimla; Prof Vikram Chadha, former Professor, Punjab School of Economics, GND University, Amritsar.
Prof Charan Singh emphasized that India has to reap the demographic dividend, promote trade and develop infrastructure to achieve the target of becoming the next economic powerhouse by 2047. “India has to compete the United States, European countries and China by pursuing the policies of Look East and integrating with Central Asia and to explore the possibility of United States of South Asia and or the possibility of a Common Currency Area of South Asia using Indian Rupees with India as a pivot economy to reach the goal of global economic powerhouse by 2047,” he stressed.
Prof Aparna Negi advocated for entrepreneurship and skill development through New Education Policy for increasing productivity, achieving carbon neutrality, green growth and sustainability by 2047.
Prof Vikram Chadha argued that hosting of G20 offers an opportunity to showcase India’s potential to become a global economic powerhouse by 2047. India’s approach to a self-reliant economy to integrate with global economies and improved technological capabilities in new technologies in the digital economy, innovation, start-ups, vast pool of talents and strong knowledge economy can pave the sustainable path to achieve the goal of economic superpower by 2047, he added.
The seminar coordinator Prof Jasbir Singh and Prof Falendra Kumar Sudan briefed about the seminar and its goals, while Dr Shallu Sehgal presented the welcome remarks and Prof Aroon Sharma, Head of the Department presented the vote of thanks.
In the subsequent six technical sessions of the seminar, a total of thirty six well researched papers on diverse topics were presented. More than 200 participants across the States and UTs of India are participating for brain storming sessions.
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