“Indian Economic Development: Retrospect and Prospect”
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“Indian Economic Development: Retrospect and Prospect”
On 12th May, 2023, an expert lecture on the topic “Indian Economic Development: Retrospect and Prospect” was organized by Akal college of Economics, Commerce and Management in the university auditorium. The lecture was delivered by eminent Prof. Lakhwinder Singh, Visiting Professor Institute of Human Development New Delhi. At the outset, Prof. S. K. Chauhan, Dean, ACECM, gave brief introduction of chief guest and introduced the audience about the topic of lecture. After that, Prof. A.S. Ahluwalia, Pro Vice Chancellor, Eternal University, enthusiastically welcomed the Chief guest, Deans, faculties and all the students. In his short welcome address, he talked about Eternal University and highlighted its significant achievements. Then, Prof, Lakhwinder Singh who was expert speaker, stated that although India is a fast-growing country but still, we are far away from our targets. Prof. Singh discussed India rank’s 132 in HDI we can upgrade this rank by providing basic necessities (like food, health education, shelter). He emphasized that we could not avail desired rank in HDI until we vanish the poverty from our country. So, it can be eliminated by providing employment opportunities to poor section of the society so that they can earn wages and can take minimum calories required to sustain their life. Moreover, Prof. Singh raised the question why India failed to industrialise both import substitution and in liberalised regime? Why India needs industrialisation? To achieve these questions he said, we focused on make in India instead of made in India. He further stressed on the role of research and development activities to make India resilience in every aspect. Lastly, the vote of thanks was given by the student of Economics department Snover Kaur. She expressed thanks to guest speaker and all the participants. The lecture was attended by Pro Vice Chancellor A.S Ahulluwalia, the founder Dean of College of Agriculture, Dr B.S Boparai, the Dean Akal College of Agriculture S.K Sharma and over one hundred fifty other participants.
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