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Sitharaman joins leaders of tomorrow at IIM Ahmedabad for interactive session
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SME Times News Bureau | 27 Feb, 2021
The Indian Institute of Management Ahmedabad (IIMA), welcomed Finance
Minister of India, Nirmala Sitharaman as she joined MBA students of the
globally recognized, premier management institute, for an interactive
session on the theme ‘The Economic Rebound and the Indian Economy in
2021 and Beyond with its students.
Hosted by IIMA's JSW-School of
Public Policy, was the first on ground event held at the Institute
since the pandemic. The session threw light on various aspects of the
Indian economy including return of consumer confidence, robust financial
markets, an uptick in manufacturing, education sector and the decrease
in the budget allocation this year, PSU disinvestment target, health
expenditure, skill India, fuel prices reduction, savings and borrowing
scheme, upskilling: for automation and gig workers, investment in
infrastructure, agriculture and many more.
Speaking on the
occasion Prof. Errol D'Souza, Director, IIMA Programmes said, "It is our
honour and an encouragement to have the Finance Minister, Nirmala
Sitharaman at the Institute. We are grateful for her presence, in spite
of her commitments. I am happy to share that IIMA and its faculty have
been supporting the government with their expertise on various aspects
of policymaking, which is our way of contributing to the growth of the
country. Today's interaction with the Hon'ble Minister will become a
memorable and inspiring moment for our students, who are at the
threshold of beginning their journey into the real world."
Sitharaman
is an inspiration for all, especially the young people of the country.
As the first woman leader to hold the portfolios of Defence and Finance
at the Centre, she has become an aspirational model for the young women
in the country. During the session, the Finance Minister encouraged the
students to expand their boundaries and said, "You all are fortunate
enough to be in an institution like this [IIMA]. My only request to you
is spare sometime for the country and the nation to get stronger. India
needs your support. Concentrate on yourself but also concentrate on
making India brighter and smarter"
Acting as co-chairs, Prof.
Errol D'Souza, with IIMA students Arunabh Saxena and Sonakshi Agrawal,
among other points discussed about disinvestment targets of PSUs and
government's approach towards it. They also addressed the concerns of
consumers bearing the high costs of fuel today and how is the government
resolving these challenges.
When asked about the rationale and
steps taken by the government to ensure quality education, Sitharaman
said, "That the desire for encouraging twinning programmes in hopes of
getting a world class university certificate and technologically driven
tools like optical fibres even at the panchayat level will add to the
betterment of education in the country. Hence there has been a conscious
attempt in improving the funding of education. I would want to
underline the fact that the New Education Policy, the schemes under it,
and the long term vision under which the NEP looks at making the Indian
education a lot more vibrant has received due consideration in the
budget making process."
Sitharaman further addressed that the
Indian economy was on a rebound and she expects to see an economic
recovery in the coming year. While the budget gave a due consideration
to the national education policy and its schemes, she also believes that
there is a huge potential of digital learning in the country across
states, especially for the ones who have lesser access to it. She also
threw light on the need for skilling and up skilling across industries
and its success rates with a focussed approach.
The institute
has a unique model of a convivial combination of the union, state and
the business community. IIMA research programmes are the most coveted
and prominent in the areas like Strategy, Economics, Finance, Operations
and Marketing. IIMA also set up a number of sector or mission-oriented
thrust groups termed ‘Centres' to apply management science to other
sectors of the economy. These Centres are led by faculty members from
different inter-disciplinary areas that come together to pursue research
and consulting.
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