Bhubaneswar, July 9: India, having emerged as the fourth largest
economy in the world showcasing remarkable growth and resilience, must
strengthen its institutional framework and adhere to international standards
practiced by developed nations to truly match global leadership, an eminent
expert has said.
“While this achievement reflected the strength of the Indian market,
innovation and demographic dividend, there was need to strengthen our
institutional frameworks.” Prof. (Dr.) Basanta Kumar Sahu, Professor and
Head of Economics Division, Indian Institute of Foreign Trade (IIFT), New
Delhi, said while delivering a lecture at the Institute of Business and
Computer Studies (IBCS), faculty of management sciences of SOA
Deemed to be University here recently.
Prof. (Dr.) Sahu was addressing the technical session of a Faculty
Development Programme (FDP) on the theme ‘India’s Growth and
Economic Challenges’
In his address, Prof. (Dr.) Sahu provided deep perspectives on
development economics, sustainable growth and public finance. He also
shared experiences of his global academic engagements and policy
contributions offering a rich, multidimensional view of India’s growth
trajectory.
He explored key areas such as trade, agriculture, risk coping
strategies and inclusive development.
Prof. (Dr.) Ayasa Kanta Mohanty, Dean of IBCS, presided over the
program. He underlined the critical role of higher education institutions in
contributing to national economic dialogue and policy awareness.
Prof. (Dr.) Manoranjan Dash, Associate Dean of IBCS, also spoke on
India’s transformation into the world’s fourth largest economy and the
pressing need to address related economic challenges. The event was
coordinated by Dr. Bibhuti Bhushan Mishra and Dr. Preeti Y. Shadangi
while Dr. Dhruti Sundar Sahoo proposed the vote of thanks.
IBCS ORGANISES FDP ON INDIA’S GROWTH AND ECONOMIC CHALLENGES
