XLRI Host a Leadership Talk with Dr. K V Subramanian- Chief Economic Advisor to Government of India
- This decade will be the decade of India from the point of view of development – said, Dr. Krishnamurthy Subramanian – Chief Economic Advisor to Government of Indiaat XLRI Leadership TALK SERIES 2021
19th June 2021: Ex-PGDM Placement committee, XLRI in its ‘XLRI Leadership TALK SERIES 2021’ recently org anized a Leadership Talk Session with Dr. Krishnamurthy Subramanian – Chief Economic Advisor to Government of India on “Economic Reforms” in virtual mode. There can be economy only where there is efficiency – This tho ught was squeezed and introspected from all aspects by none other than the man himself in this exclusive sess ion on “Economic Reforms.”
XLRI Talk Series is designed to appreciate and learn from leaders’ experiences from all walks of life. The XLRI talk series kicked off in 2017. It is an initiative to develop different perspectives while addressing the challenges in a highly dynamic environment. Since its inception, many eminent personalities from different domains and parts of the country have provided invaluable knowledge, experiences, and insights, enhancing the learning curve for all the students.
The audience comprised an eclectic mix of MBA students across various fields viz., IT, Manufacturing, Banking, Marketing, Engineering, Aviation & Shipping, Oil & Gas, faculty members, staff, alums, and guests.
Ayush Kumar, Ex-PGDM 2021, XLRI- Xavier School of Man ag ement, Jamshedpur welcomed Dr. Subramanian. The session co mmenced by introducing the GDP formula and then breaking do wn factors affecting the GDP and explaining the percentage inc rease in government spending to offset a slight reduction in con sumption and inve stment. It was an enriching and enlightening experience to hear it straight from the horse’s mouth about the th ree underlying skeletons of the economic reforms, including the combination of focus on economic growth in macroeconomic level and efficient welfare at the microeconomic level, enabling privatization and considering creation as a boon and focus on the virtuous cycle.
Dr. Krishnamurthy Subramanian said that the second wave continues to decline, and the pace of decline is as fast as the pace of growth, with high-frequency indicators continuing their recovery. He added that there should be a faster recovery, and the government has set a target of one crore vaccines per day by September.
During the question and answers session moderated by Sarveshvar T.S, XLRI Ex-PGDM 2022, he said that the In dian economy is making a V shape recovery, and this decade will be the decade of India. The government is ready to provide help to every section with the assistance of digital technology. The Chief Economic Advisor told the students about other decisions and strategies of the government. He also made the students aware of many ec onomics concepts and gave many suggestions for a better future.
All the students thoroughly enjoyed the Question-and-Answer session. Ms. Apoorva Mehta, Ex-PGDM 2022, later concluded the session by giving the vote of thanks. The session was organized by the Guest speaker team of XLRI Executive PGDM, including Ayush, Apoorva, Shwetabh, Jagan, Amol, Priyanka Paul, and Sarveshvar. The session was attended by esteemed professors like Vishwa Ballabh, A. Kanagaraj, Placement Head Gurumurthy N. current students and XLRI alumni.
Dr. Krishnamurthy Subramanian is an Indian economist and the current Chief Economic Advisor to the Governm ent of India. He is a leading expert on economic policy, banking, and corporate governance. He is an alumnus of IIT Kanpur, IIM Calcutta, and the University of Chicago.
Dr. Subramanian has been conferred the Distinguished Alumnus Award by his alma mater IIT-Kanpur. Apart fro m being the youngest Chief Economic Advisor, Subramanian is among the youngest to receive this honor from his alma mater. His research in banking, law and finance, innovation and economic growth, and corporate gove rnance has been published in the world’s leading journals.
About Placement Committee:
The Placement Committee is the Corporate Interface of the Institute, placement committee members are equi pped with a considerable amount of knowledge repository through the interface/research for the potential re cruiters.
About XLRI:
XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in India founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur (www.xlri.ac.in). Over the last seven decades, the institute has grown into a top- ranking business management school of international repute with a wide port fo lio of management programs and research publications. Its alumni are spread around the globe and have de mo nstrated responsible business leadership in their organizations. XLRI continually strives to contribute its mi te to the professional growth and management of numerous organizations and institutions across industry se ctors. XLRI has been awarded two prestigious International Accreditations, viz., AACSB – The Association to Ad vance Collegiate Schools of Business and AMBA – Association of MBAs. XLRI has also earned the National Board of Accreditation (NBA) accreditation.
