BITS Goa Economics Conclave 2017
The BITS Goa Economics Conclave was organized by the Department of Economics, BITS Pilani KK Birla Goa Campus. The conclave started off on a high note on Monday, 20th March, 2017. The theme of the event this year was “Changing Contours of Indian Economy: Welfare Implications & Policy Responses.”
The event kicked off with an interesting presentation by eminent economist Prof. Satya R Chakravarty (Indian Statistical Institute, Kolkata) who delivered a talk on equity and efficiency issues related to multidimensional economic inequality. He explained how policies can improve welfare and reduce economic inequality in India. This was followed an insightful talk by Prof. M G Chandrakanth (Director, ISEC Bengaluru) who pointed out the dangers of unsustainable growth, for example in mining or agriculture sectors which tend to overuse resources like groundwater at the cost of increasing productive efficiency. Next, Dr. Sibichen K Mathew (IRS, Commissioner of Income Tax, Bengaluru) described the problems associated with tax compliance and how technology is helping to increase compliance and enforcement. Next, G R Akadas (Director, MSME Development Institute, Goa) explained the problems faced by MSME sector in Goa and the role of various government initiatives to create employment and competitiveness in this vital sector. The first day of the event concluded on a high note with an address by Prof. Arun Kumar (Professor Centre for Economic Studies and Planning, JNU, New Delhi) who explained analytically how demonetisation might not be effective in curbing the black economy in India.
The event concluded on Tuesday, 21st March with presentations by Madhav Gadgil along with other distinguished delegates. The BITS Goa Economics Conclave which was being sponsored by NABARD and SIDBI, provided an avenue for disseminating contemporary public policy research and emerging practices with special reference to India across a wide set of domains.
Open to all, the BITS Goa Economics Conclave 2017 provided a platform to discuss diverse development policy issues and concerns, namely; economic reforms and manufacturing sector growth, demonetization and curbing the black economy, role and significance of MSMEs in India, the economic sociology of fiscal compliance and technological challenges in India, corporate financing and investment behaviour in India, measuring inequality, poverty and welfare, sustainable development in emerging economies with special reference to India and towards a cooperative commonwealth.