Does GDP Growth Reflect... - 27 Oct 2022

Presentation on

DOES GDP GROWTH REFLECT THE REAL STATE OF ECONOMY?

Thursday, 6:00 pm 7:30 pm

MANAGEMENT CENTER Pathari Road, Chennai

Synopsis

Even as India has surpassed the UK to become the world's fifth largest economy, there are reports about it reaching the third spot, behind the US and China, not very long from now. While it is saying a lot in terms of industrial and international perspective, what does it mean in real terms for a nation where the numbers of those living 'Below the Poverty Line' (BPL) is said to be increasing.

So are the ranks of the unemployed and under employed, in this hi tech era, robotics and AI have become the passwords for industrial growth, competitiveness and profit margins.

In the developed world, GDP linked growth is linked to 'social security', but in India, the government has flagged an early end to what is commonly branded as 'freebies'. The Supreme Court too is now seized of the matter.

In the evolving scenario, some economists predict that the bulging numbers of the middle class, a simultaneous discovery and invention of the Economic Reforms era, is finding it difficult to live up to their own expectations and aspirations. Over time, it is feared that there could be a tapering of the middle middle class into the lower middle class and the upper middle class, at times, coalescing with the middle middle.

5:15 PM Registration & High Tea

6:00 PM Welcome Address

Gp Capt R Vijayakumar (Retd), VSM Executive Director, Madras Management Association

6Overview :05 PM

Mr N Sathiya Moorthy Convenor, Policy Matters Chennai

Address by the 6Speakers :10 PM

Dr D K Srivastava

Chief Policy Advisor

Ernst & Young India

Dr Venkatesh Athreya

Author, Former Professor Bharatidasan University, Trichy

Mr Jagannathan K T Business & Financial Journalist

Q & A

Vote of 7Thanks :25 PM

Profile

Young India)

ing and research experience. ion of public policy, especially dealing with public finance and fiscal federalism. Work experience in different countries, particularly, India, Nepal, Sri Lanka, U.K., Romania, Kuwait, and Jamaica. Travel for academic and personal purposes to these countries and others including the US, UK, Japan, Canada, and China.

Profile

Dr Venkatesh B Athreya

(Author, Former Professor, Bharatidasan University, Trichy)

A PhD in Economics from the University of Wisconsin, from where he also obtained his MS degree, after doing B Tech (Chemical Engineering) in IIT Madras, Dr Venkatesh Athreya, he retired as Professor and Head of the Department of Economics, Bharatidasan University, Tiruchi, after a career spanning 30 plus years

Dr Athreya has held faculty positions/Fellowships/Visiting Scholarships in a number of reputed academic institutions in India and abroad. He has also delivered a number of endowment and other invited lectures in several reputed institutions of higher education in the country.

Dr Athreya has written a number of books on Economics, including Political Economy. His articles and analyses have appeared in reputed newspapers and research journals, both inside the country and overseas.

Profile

K T Jagannathan

(Business & Financial Journalist)

A veteran economic journalist with exceptional professional experience, K T Jagannathan has worked in almost every business newspaper in a career spanning 30 years from the Financial Express to The Economic Times, the Business Standard and Business India, apart from the Indian Express, The Free Press Journal and The Indian Post before retiring as the Business Editor & the Managing Editor of The Hindu. Post retirement, he has been contributing extensively to journals such as MoneyControl, Live Minit and The Wire.

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