Webinar Link

Meeting No: 2513 802 1320
Password: economy

Certificate of Participants

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Abstract

India’s economic growth story reflects a complex journey from post-independence state-led development to today’s globally integrated market economy. The session will examine the nation’s past achievements, current challenges, and future opportunities. It will revisit early policy frameworks, agricultural transformation, and industrialization phases that shaped the growth trajectory. It will then assess contemporary issues, including structural changes in production, fiscal and monetary policy responses, rural-urban linkages, and emerging technology-driven sectors. Finally, it will explore forward-looking strategies for inclusive, sustainable growth, addressing inequality, productivity gaps, and climate challenges. Drawing on perspectives from development economics, public finance, and macroeconomic analysis, the session aims to provide a holistic understanding of India’s evolving growth paradigm and outline policy directions for the coming decades. In this webinar, the panelists will deliberate on how India can strengthen resilience, enhance competitiveness, and ensure that the benefits of growth are widely shared.

About the Speakers

S. Mahendra Dev

Prof. S. Mahendra Dev is presently Chairman, Economic Advisory Council to the Prime Minister (EAC-PM). He was the Director and Vice Chancellor, Indira Gandhi Institute of Development Research (IGIDR) in Mumbai for 12 years during 2010-2022. Prior to this position, he was Chairman of the Commission for Agricultural Costs and Prices, Ministry of Agriculture from 2008 to 2010. He was Vice Chairman of the Board of Trustees of International Food Policy Research Institute (IFPRI), Washington, D.C. He was also member of the Board of IFPRI for seven years from 2013 to 2019. He was member and Acting Chairman of the National Statistical Commission, Government of India. He got the prestigious Malcolm Adisesaiah Award in 2016.

He is Chairman of the Institute for Development Studies, Andhra Pradesh and Distinguished Professor at ICFAI Faculty of Social Sciences, Hyderabad. He was independent director in Axis Bank and Kotak Mahindra Bank. He is currently the Association President of the Indian Society of Agricultural Marketing.

His main areas of interest are development economics, agricultural economics Macroeconomics. He has around 150 research publications.He has written or edited 23 books. His book “Perspectives on Equitable Development” was released by the former Prime Minister of India. He is a Ph.D. from the Delhi School of Economics and post-doctoral from Yale University, USA

D.K. Srivastava

Dr. D.K. Srivastava is the Chief Policy Advisor EY India and an Honorary Professor, Madras School of Economics (MSE). He is currently a Member of the Advisory Council to the Fifteenth Finance Commission. He was the Director of MSE during 2005 to 2012 and has been associated with many other leading institutes and universities as a Professor.

He was the Economic Advisor to the Tenth Finance Commission, Principal Consultant to the Eleventh Finance Commission, and Member of the Twelfth Finance Commission. He has been associated with a number of committees set up by the central and state governments and by the RBI. He was Chairman of the RBI Working Group on ‘State Fiscal Responsibility Legislations: The Next Phase’, Member Secretary, Advisory Group of the RBI-MSE Macro Econometric Modeling Project. More recently, he was Chairman of the Committee on Fiscal Statistics set up by the National Statistical Commission in 2017. He is the author of numerous scholarly articles and books.

Satish Verma

Satish Verma is the former RBI Chair Professor at the CRRID, Chandigarh, where he served from 2013 to 2022. Prior to that, he had a long and distinguished career at GNDU, Amritsar, spanning nearly four decades. At GNDU, he held several key academic and administrative positions, including Professor of Economics, Head of the Department, Dean of the Faculty of Economics and Business, and Director of the Centre for Distance Education.

His academic interests include rural credit, agricultural finance, and institutional development. He has authored or edited six books, published over 65 research papers, and completed 16 major research projects funded by institutions such as RBL, NABARD, and ICSSR. He has also guided 14 Ph.D. and 16 M.Phil scholars

Verma has contributed significantly to academic governance through his involvement with UGC NAAC ICSSR, and RBI as an evaluator, expert panelist, and reviewer. His work continues to influence policy discussions in rural development and financial inclusion.

Ajitava Raychaudhuri

Ajitava Raychaudhuri is currently Professor Emeritus and Head, Economics Department, Adamas Univeristy. Earlier, he retired as Professor and former Head and Coordinator of Centre for Advanced Studies, Department of Economics as well as former Dean, Faculty of Arts of Jadavpur University, Kolkata, India. A Ph.D. from American University, USA, he was Senior Fulbright Scholar at Economic Growth Center, Yale University, USA, and Reid Hall Scholar in Residence of Columbia University, Paris Campus, France.

His areas of specialisation is Tradeand Development issues facing thedeveloping countries, Macroeconomics, Public Economic. He has undertaken several important projects from UNESCAP, ADB, World Bank, UNDP, PEP, etc. He has also written and edited several books and contributed numerous papers in international and national journals as well as in edited books.

He is a Ph.D in Economics from American University.