Talk & Interactive session with Dr. Arvind Virmani ‘India Vision @2047: Viksit Bharat’
Venue
CR 12 Zoom Room, GIM Campus, online on Zoom and live streaming on GIM YouTube
Event Date and Time
Monday, 19th February 2024, 4.45 pm to 7.15 pm IST
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India’s vision to be a developed country by 2047 (Viksit Bharat) is of interest to Indians, and to the whole world. As the most populous country, high growth in India will be the biggest mover of the world
economy in the years to come. India making its economic transformation would affect every aspect of life, and would itself require new initiatives. The specific goals to achieve upper middle-
income status by 2035 and high income by 2047, the instrumentalities, and the strategies and policies to achieve the same would be brought out. There is little doubt that manufacturing has to be integral to the strategy. Deep reforms to improve inclusion and empowerment too are necessary. The context of the slowing down of China, including its expected population stagnation, needs recognition. The talk will cover the demographics, developments in the labour force, education, the expected international political and economic contexts, the roles of the private sector and markets, and the crucial inclusive policies,
and actions required. Administrative reform to improve the capability of government, and public digital infrastructure would all be necessary along the way. We bring out the challenges, opportunities, risks, and actions necessary to put India firmly on to the path of being a developed economy.
Discussant
Dr. Arvind Virmani
Member at NITI Aayog
- morris@gim.ac.in; chaircppg@gim.ac.in
- +91 9824232121; +91 832 2366733
Dr. Arvind Virmani has been a full-time Member at NITI Aayog since 16 th November 2022. He was the Founder Chairman of the Foundation for Economic Growth and Welfare (EGROW) and President of the Forum for Strategic Initiatives (FSI, Delhi). He was earlier the Executive Director, IMF, Chief Economic Advisor, Ministry of Finance and Principal Advisor, Planning Commission. He was key adviser in macroeconomics and economic policy reform from 1988 to 2009 and has contributed immensely to the tax, tariff, foreign exchange, financial sector and expenditure reforms carried out during 1990’s and 2000’s. He has published over 60 Journal Articles, Books & Book Chapters, and more than 100 Working Papers and Policy Papers in macroeconomics, growth, tax & tariff reform, foreign exchange, international relations and National Security Strategy. His experience in the finance sector includes: Member of the Board in EXIM Bank, Chairman, Board of Trustees in SBI Mutual Fund, Director at the Life Insurance Corporation of India (LIC), Member of the SEBI Appellate Tribunal and Depositories Act Appellate Tribunal, Director in Punjab National Bank, Allahabad Bank and Member of the Board of Trustee in Unit Trust of India. His Think Tank experience includes: Founder – Chairman of EGROW, Member, Board of Governors in Center for Policy Research, Non- resident Senior Fellow in Brookings, Affiliate Professor & Distinguished Senior Fellow in George Mason University, USA, Member of the Board in Research & Information Systems, Director & Chief Executive in Indian Council for Research on International Economic Relations (ICRIER). He was a mentor (Public Policy & Economics) in FICCI, Member, Technical Advisory Committee on Monetary Policy, RBI, Executive Director, International Monetary Fund, Member, Evaluation Committee, Independent Evaluation Office, Chief Economic Advisor, Department of Economic Affairs, Ministry of Finance, Principal Advisor, Planning Commission and Member, Telecom Regulatory Authority of India (TRAI).
Discussant
Sebastian Morris
Senior Professor, General Management & Public Policy & Chair, Centre for Public Policy & Governance
- morris@gim.ac.in; chaircppg@gim.ac.in
- +91 9824232121; +91 832 2366733
Prof. Sebastian Morris is Senior Professor and Chair of the Centre for Public Policy and Governance at the Goa Institute of Management. He retired from the Indian Institute of Management, Ahmedabad after over 25 years of teaching, research and consultation. His principal interests are the Indian economy, infrastructure development and regulation, the public sector and governance, international trade and investments, macroeconomics, and small industry. His recent books have been: Macroeconomic Policy in India since the Global Financial Crisis – Trends, Policies and Challenges in Economic Revival Post COVID (Springer Nature, 2022); (ed.) The Difficulty of Being Gajendra Haldea – Reflections on His Life and Legacy (Bloomsbury, 2023) and (ed.) The India Infrastructure Report 2023 – Urban Planning and Development (Bloomsbury, 2023).
Schedule
4.45 pm to 4.55 pm: Welcome and Introduction of the keynote speaker
4.55 pm to 5.45 pm: Talk by the keynote speaker ‘India Vision @2047: Viksit Bharat
5.45 pm to 6.30 pm: Discussion with the keynote speaker
6.30 pm to 7.00 pm: Interaction and Q&A – Keynote speaker, discussant, coordinator and audience (online and offline)
7.00 pm to 7.05 pm: Concluding remarks and vote of thanks