Aug 11 2024 to Aug 11 2024 11:30 a.m.

EVENT HAS ENDED

Where

Bangalore International Centre

7 4th Main Rd, Stage 2, Domlur 560071

Event Description

This talk by Dr Charan Singh will explore the recent Union Budget, a crucial point in India’s financial evolution. This first budget from the current administration highlights Youth, Farmers, Women, and the Poor, with a focus on employment, skill development, MSMEs, and the middle class. The budget’s nine key areas include agriculture, employment and skilling, social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, and next-gen reforms. Employment generation is at its core, supported by skill development, self-employment, and MSME initiatives. Infrastructure development remains a key priority, promising lasting economic growth. The government’s vision spans both short-term and inter-generational progress, looking ahead 25 years. With the Gross Fiscal Deficit on target, the new Budget hopes to maintain fiscal discipline and improve expenditure quality through increased infrastructure investment. A vision document for the financial sector has been introduced to guide future developments.

The talk will be followed by a fireside chat with Prof Narendar Pani and a Q&A session with the audience.

Speakers

Charan Singh CEO & Founder Director, EGROW Foundation Dr. Charan Singh is the CEO and Founder Director, EGROW Foundation. He is also the Non-Executive Chairman of Punjab & Sind Bank. He continues to pursue his academic interests by regularly teaching courses on Macro, Monetary Policy, Global Economics (International Finance) and contemporary issues on Indian Economy at IIM Visakhapatnam and IIM Rohtak. Earlier, he was the RBI Chair Professor of Economics at the prestigious Indian Institute of Management Bangalore, India; Senior Economist at the IMF, Washington DC (August 2009-December 2012); and Research Director (Economic Policy, Debt Management; 1997-2009) at the RBI where he joined as Research Officer in the economics department in 1984. He started his career in 1983 as management trainee in Punjab National Bank. Among other positions, Dr Singh served on the Board of NHB and NABFINS. His expertise is on Fiscal Policy (especially Market Borrowings, Debt Management); Monetary Policy (especially Public Sector Banks, Interest Rates, Inflation Targetting); Financial Markets (especially Money Market, Financial Inclusion) and he has worked extensively on issues like External Trade, International Reserves, Global Hunger Index, Old Age Pension, other development issues related to India’s Growth and Public Policy. Dr Singh has published extensively and has two academic books to his credit, on published by Springer and the other by Cambridge. He has also contributed significantly in public domain through writings in professional journals. He also contributes in discussions on current affairs in leading newspapers and important TV channels. Dr Singh completed M.Phil in Applied Economics from JNU, Delhi and PhD in Economics from the University of New South Wales, Sydney in 1997. He followed it up with post-doctoral studies at Department of Economics, Harvard University from Aug 2003 to Aug 2004 and Stanford University from August 2004 to Jan 2006.

Narendar Pani JRD Tata Visiting Chair Professor & Dean, School of Social Sciences, NIAS

Dr. Narendar Pani is JRD Tata Visiting Chair Professor and Dean, School of Social Sciences, National Institute of Advanced Studies, Bengaluru, India. An economist by training he has over the last four decades worked in both academic and media institutions, including the Indian Institute of Management, Bangalore and The Economic Times. His books include Inclusive Economics: Gandhian Method and Contemporary Policy and The City as Action: Retheorizing Urban Studies. He has also published a number of papers in academic journals and several hundred articles in the editorial pages of national newspapers. He has been writing on the budget since the 1980s.