RBI Board of Director Member Dr Nachiket Mor presented a speech on “The falling Indian economy” by on the last day of BIT Mesra’s Pantheon fest on Saturday.
Students had the fortune of being given an insight, by an insider, into the current State of the Indian economy and the causes for the apparent free fall of the Indian rupee. He was of the belief that debt rate is not fixed, dynamism is required and a food security bill is good choice. He suggested that demand for oil be moderated as India does not have energy reserves and the U.S.A is more energy efficient and technologically advanced. The end of Pantheon, the embodiment of three days of hustle bustle and activity, was marked by the Fugiya function in the evening. Various cultural and technical events were also held here.