India is the lowest emitter of green house gases. So, we are vulnerable to climate change with increasing development policies. The development model should be formulated in a way that has a strategy of low carbon emission to complement sustainable growth,” said noted economist and Padma Bhushan Dr Kirit Parikh during 6th Foundation Day ceremony of IIM, Ranchi on Monday.Dr Parikh, who was the Chief Guest on the occasion, was speaking on the topic 'low carbon Inclusive development pathways for sustainable India'. He also suggested that allocating 7 % of GDP to health and education will help in ensuring good health and less drop outs of students. The introduction of correct form of policies on correct time will help in speedy development of the country.
"The most important thing which needs our concern is climate change. Human development should be in a way which does not harm our environment," he added. The economist also stressed on providing pukka and durable houses, electricity and clean cooking gas at marginal cost in villages will help in reducing pollution. One policy affects other policy so government should formulate policies which support each other. Visionary Human Development will help in creating vision which will help in sustainable development.
During the programme Professor Anindya Sen, Director- in charge IIM- Ranchi, addressed the gathering by throwing light on how IIM Ranchi has progressed exponentially ever since its foundation in 2010. Considering placements to be an important metric to gauge the success of any institution he cited that IIM Ranchi's placements have been more than satisfactory. He further added that even though the goal of IIM Ranchi is to be among the top 10 institutes in the APAC region by 2020 but it is the journey that matters more than the destination.
He elaborated on the point that students should understand the pressure of teachers. As they do not only bear the pressure of teaching but they also have to complete their works on academics front. He also said that the important thing is that we continuously fight, which will help us to be strong for future.After that, Professor Pradip Kumar Bala, Dean (Academics) felicitated the toppers from the 2014-16 Batch as well as winners of the events held in commemoration of Good Governance Day. He also thanked the chief guest for his presence and at the same time he congratulated the students for their commendable performances.The students performed solo song, musical medley, solo dance, group dance and drama. The event concluded with National Anthem.