Experts discuss Indian economy at seminar

Abstract

The Indian economy was facing large number of short-term challenges, including grim global economic environment restricting the potential for exports, rising government debt, current account deficit, fiscal deficit, unwinding of the unconventional monetary policy and rising inflation due to increase in food prices, said Professor of Indian Institute of Management (IIM), Bangalore, Dr Charan Singh.

Dr Charan was the chief guest and keynote speaker at the national symposium on “Challenges facing Indian economy” held at DAV College today. He also critically evaluated the measures like restriction on import of gold to control current account deficit in his address.

On Food Security Act, he opined that there was a need to identify the segment of population which needed subsidised food rather than covering 80 crore people under the scheme. He also hammered on the need to increase banking penetration in the rural and unbanked areas. Read more at: https://www.tribuneindia.com/2014/20140416/asrtrib.htm#8