Webinar on “Impact of Covid-19 - Indian Economy: impact, response and prospects” by Prof. N R BhanuMurthy, Professor at NIPFP, New Delhi

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CHRIST (Deemed to be University), Lavasa was yet again honoured to welcome the most commendable personality Professor BhanuMurthy over a webinar on 3rd June, 2020 to address a wide group of attendees on the topic “Impact of Covid-19 on Indian Economy: impact, response and prospects”.

Prof. BhanuMurthy is currently working as a Professor at National Institute of Public Finance and Policy, New Delhi. He has worked as an associate and assistant professor at Institute of Economic Growth (IEG) and also at numerous organisations like UNDP and UNESCAP as macroeconomist. He has also been a consultant to ILO, the World Bank, and the Asian Development Bank. Currently, he is the Secretary of the Indian Econometric Society and Managing Trustee of Indian Economic Association Trust for Research and Development. Recently, he has been appointed as the first Vice Chancellor of the prestigious “Bengaluru Dr BR Ambedkar School of Economics”.



The webinar mainly covered the ongoing crises spread all over and how it has been inadequately affecting the global scenario. People were invited from different institutions who were enthusiastic to gain knowledge. The session commenced with a welcome note introducing Prof. BhanuMurthy to address the crowd. He began his address explaining the current facts about Indian economy and the world. He attributed that due to the ongoing pandemic the Indian economy shall face a downfall but would definitely gear up soon through a “shape of smoking pipe.” The economy shall drop down at a faster rate but will grow slowly but steadily provided effective steps to revise the economy are taken.

He further shared that the steps taken by government are effective and constructive for the Indian economy. In addition, banks as the fundamentals of the financial sectors should be more focused. He gave a proper mixture of both monetary and fiscal policy to be implemented during such times. He created an impact in the webinar by giving a very practical yet rational approach towards this current crisis. The students gained immense knowledge about the current pandemic and its effects on economy.

The whole webinar focusing on Covid-19 and Indian economy was very well organised by the Department of Economics, Mr. Kedar Vishnu and Dr. Ginish Cheruparambil the faculty co-ordinator for the same.

Comments

  1. william18 March 2021 at 12:55

    I would like to say that this blog really convinced me to do it! Thanks, very good post.
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    ReplyDelete

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