107th IEA annual conference concludes at KU

The three-day 107th annual conference "Sustainable, developed and atmanirbhar Bharat" organised by the department of economics, Kurukshetra University, in collaboration with the Indian Economic Association (IEA) concluded on Sunday.

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While addressing a gathering on the valedictory day, The SP of Police Training Centre, Sultanpur, Brajesh Kumar Mishra, said there was a need to establish harmony between the current and ancient economy management and present it in a new form.

Mishra said, “The system of economic management mentioned in the Vedas, Upanishads, Arthashastra and Puranas has made India famous all over the world. In the 19th century, one-third of the world's GDP was generated from India's economy. The Indian tradition of economic management has also been depicted in the Mahabharata and Gita. The economic policies of Chanakya and Kautilya is the biggest proof of this fact. There is a need to establish harmony between the current and ancient economy management and present it in a new form.”

On the third day of the conference, the NSE-IEA Financial Economics Lecture Series was organised under the chairmanship of Prof Shukla Mahanti, former Vice-Chancellor of Kolhan University and Adviser to the Governor of Odisha. The lecture was delivered by Prof Partha Roy, Director, National Institute of Banking Management, Pune, who discussed the evolving dynamics of financial economics and their importance in building a self-reliant and sustainable India. Besides this, a panel discussion was held on the driving force of self-reliant India.

Eminent panelists, including Prof Ganesh Kavadia, Prof KS Nair, Prof Lakhwinder Singh, Prof Kanhaiya Ahuja and Prof BP Sarath Chandran shared views on strengthening India's economic resilience, promoting innovation and enhancing the institutional framework to achieve self-reliance.

IEA president Prof Tapan Kumar Shandilya and eminent Vice-Chancellors from across the country participated in the session.

A special session on Haryana's economy was also conducted in which thoughts on the state's economic status, development direction and future prospects were shared.

Pawan Kumar Chaudhary, Adviser to the Chief Minister of Haryana, discussed various aspects of Haryana's economic development, highlighting the state's economic strengths and growth process. He emphasised the need for strategies to take Haryana to the next level and stressed the importance of educational institutions in policy-making.

Rakesh Sandhu, OSD (Chief Minister, Haryana), spoke about inclusive development in Haryana, focusing on the development of the IT hub in Gurugram and the creation of employment opportunities in the state.

Prof Manmohan Krishna, Professor Chair at the University of Allahabad and a member of Niti Aayog, shared his thoughts on Haryana's economic strengths, opportunities, and challenges, emphasising the need for steps to ensure the state's prosperity