"SAMRUDDHI 2021 - Finance Symposium" was organised by department of MBA on 22 nd October 2021 at the PES University - Ring Road Campus.
Shri Chandrasekhar Tilak, Ex VP NSDL, while addressing the gathering. mentioned that India's service industry, accounts for over 58% of the country's GDP. Multiple trading Demat accounts (totalling close to 1.9 crore) were opened in the last 21 months to supplement one's income during lockdown and 95% Demat accounts are active. Speaking about Air India's problem, which has become a source of debate for the past 21 years, said how disinvestment policy affected it. He also included information on liquid mutual funds and how they are invested. He said that India is presently, or will be in the near future, a popular destination for international direct investment. which is growing quickly and is already attracting FDI.
Shri Sowmya Kanthi Ghosh, Group Chief economic advisor SBI – in his address gave his thoughts on “ECONOMY AND FINANCE: PRE AND POST PANDEMIC”. He stated that prior to the pandemic; India had undertaken numerous social activities. A total of 16.5 crore AYUSH cards have been distributed. The number of digital transactions has increased 19-fold. Ujjwala has supplied free gas connections to 8.3 crore people. He discussed the circumstances during and after the pandemic, as well as post-pandemic challenges. During the epidemic, there was high inflation, poor consumption, low government spending, and exports were losing steam, Evolving liquidity conditions: nationally and worldwide, Climate risk and green financing, and so on.
Prof. Jawahar D, Pro-Chancellor PES University described the Journey of PES starting from PU College to be coming a University that has been ranked No. 1 in the State and is one among the Top 100 Universities in India. He also told about creating more opportunities to students in the coming days.
Welcomed the gathering Dr. Shailashree Haridas, Dean - Faculty of Management. She expressed her delight at having such a well-known visitor on campus. She encouraged students to take advantage of the opportunities provided by the symposium.
Dignitories Present on the Dias were Prof. D Jawahar, Prof. Arvind Giri K, Dr. Shailashree Haridas and Prof. C Sivashanmugan
The Vote of Thanks was delivered by Dr. C Sivashanmugan – Professor, PES University.