Department of Economics
Guest Lecture on
Changing Contours of Indian Economy
07.02.2019
Professor
Dr.S.Janakiraman, Assistant professor of Economics, Government Arts College
Coimbatore, rendered the Guest
Lecture on Changing Contours of Indian
Economy. He visualized the various stages of Indian Economy in an elaborate manner. He
insisted the students to be familiar with the subject matter not only with
economics but also in History and Politics simultaneously. He narrated the
growth of Indian Economy from 800 AD to till the date. The great economist like
Adam Smith & J.M Keynes played crucial role in getting independence in
India.
He
explained the India's every Prime Ministers’ regime towards policy contribution
in shaping our economy. Our Indian model of LPG may be now pronounced as SAP
(Structural Adjustment Programme). He discussed elaborately about population
growth, literacy rate, expansion of middle income group, poverty reduction,
telecommunication Revolution, GDP growth, Sustained environment and economic
growth, infrastructural expansion. While discussing the demographic dividend,
he stated the Hindustan as Youngistan because of the proportion of young
population to the total population in India.
He
talked about the pride of India that we have the third largest economy in the
world. India has a fantastic democracy. India as a democratic country, and is
an obstacle and liability as well. He concluded that slow and steady economy
will win the race by 2032. Our economic model is unique one.
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