SMVDU Katra, FEB 2020. The School of Economics, Shri Mata Vaishno Devi University (SMVDU), organised a Mega Fest of Economics: ARTHA 2K20 that had its beginning with the worthily tabulated words of Dr. Kakali Majumdar, Head, School of Economics and Dean of Students Welfare, Dr.Yougal Khajuria. More than 200 young aspirant students of Economics participated in the Mega Fest from different schools, institutions, and colleges of Jammu & Kashmir union territory.
At the onset, the festival was inaugurated by India’s foremost research economist, Dr. Arvind Virmani, the former Chief Economic Advisor to the Govt. of India and India’s representative to the International Monetary Fund (IMF), Washington DC. An abstract painting of Goddess Durga, painted by Student of Economics, was presented to the esteemed guest.
Making a congenial start of the festival, the Mega talk of the prestigious guest Dr. Arvind Virmani, shared his views on spells of economic growth since liberalization. He also highlighted how the entire policy measures focused remodelling of the planning to avoid the subprime lending crisis in 2008 which hit most part of the world. The noted Economist also focused on growth stagnation scenario of India. However, he was optimistic about the entire economic situation prevailing in the country because of the policy measures taken will reap the benefits in long run.
Further, Prof. D. Mukhopadhyay, Dean Faculty of Management, also addressed the audience, while posing a good picture of the basic and steep concepts of Economics.
Briefing about ARTHA and vote of thanks was delivered by Dr. D. P Priyadarshi Joshi and Dr. Meenakshi Gupta, Faculty Coordinators of the event respectively.
In the series of Mega Talk, Mr. Sandeep Mittal, General Manager of Human Resource Management Department, Reserve Bank of India (RBI), Jammu Branch, guest of honour of the inaugural program, acquainted the audience with the recently released bi-monthly RBI monetary policy statements and about different issues that challenge day to day life like monetary policy, inflation, exports and the way forward for Industrialists to improve growth.
The festival moved further with the cultural evening with mesmerising dance and music performances by the students that helped to lighten the soul.