Indian economy is going through a critical juncture, and it is always good to be at crossroads,” said Prof Asit Ranjan Mohanty of Xavier Institute of Management, Bhubaneswar.
He was of the view that growth in the GDP can increase by domestic saving, investment ratio and productivity of investment which can trigger the Indian economy. He was speaking at a seminar organised by BBA and BCom students of the DAV School of Business Management on the topic “Indian Economy at Crossroads – Ways to Move” here.
Circle Head, Odisha Axis Bank Bindo B Choudhury focused on the root causes of the problems for the growth of Indian economy. He advised the students to realise their aspirations with hard work and smart work blended with social causes and become good citizens.
Prof Jayanta Kumar Parida of the PG Department of Commerce, Utkal University stated that India lags behind the developed countries due to poor implementation of policies, political instability, poverty and illiteracy. India can achieve its target if socioeconomic issues are mitigated, he added.
Dr Bhagyabati Nayak, Principal, DAV Public School, Unit-8 congratulated students for their exemplary presentation and advised the young masses to think differently and come up with solutions to tackle problems for a brighter tomorrow. Dr DN Mishra, Principal, DAV School of Business Management, briefed the students on active participation and demonstration of skills.