Early Times Report
JAMMU, May 30: Department of Economics, Central University of Jammu organized Webinar on measures taken by the Government of India and RBI for the revival of Indian Economy during the pandemic period.
In his welcome address Prof. Sunil Dhar, Head, Department of Economics briefed about the credentials and achievements of the eminent speaker, Sandeep Kumar Mittal, General Manager, Reserve Bank of India, J&K. Sandeep with his rich and varied experience of more than 20 years in different verticals of Banking Sector Regulation & Supervision, International Trade & Finance, administering FEMA Rules & Regulations related to FDI/ODI/ECB and Current Account Transitions talked about measures to handle economic fallout of the pandemic.
He pointed out that the severity of the pandemic is because of twin shocks of demand and supply. Further, he emphasized on the various interventions that are required in different sectors viz. employment generation, social security, debt and restructuring, sector specific support, farmer welfare, taxation and income support, liquidity support, support to state governments etc. for the revival of India’s economic growth.
In his presidential remarks Prof. Ashok Aima, Vice Chancellor, CUJ emphasized on the requirement of stimulus in the fields of agriculture, horticulture and other allied areas so that objectives of Atmanirbhar Bharat should be achieved on sustainable basis. Generation of employment opportunities is the need of an hour.
Efforts are needed to relook our growth models, which would be suitable for the present Indian system. Particularly, he emphasized on adopting decentralized growth models for achieving the objectives of sustainable development. He also appreciated the efforts of Department of Economics for organizing a webinar on the pertinent issue of revival of India’s growth path. |
