IIM Sambalpur Hosts Special Lecture on G20 Presidency

Bangalore/September 02nd, 2023: IIM Sambalpur, one of many premium B-schools within the nation, hosted a particular thought-provoking lecture on the G20 Presidency underneath the G20 University Connect Program, propelled by the visionary management of the Hon’ble Prime Minister. The objective of this initiative is to nurture international consciousness and domesticate the management potential of B-school college students on issues of worldwide significance since they would be the leaders of tomorrow. Spearheaded by RIS (Research and Innovation System), the G20 University Connect lecture sequence has already made a major influence by involving 65 Universities throughout numerous States and Union Territories, actively participating quite a few college students within the course of.

The occasion started with an official video, introducing the overarching theme of India’s G20 Presidency for 2023.

Followed by the Special Lecture, by the keynote speaker, Former Ambassador J.Ok. Tripathi, IFS (Retd.) Diplomat, the Government of India, elaborated on the significance of the G20 Presidency. He stated that via this platform India can present the way in which to the world in numerous sectors, like we’re the pioneers of the digital financial system. Less than 50 international locations on the earth can have entry to a digital financial system or digital cost system. Furthermore, we are able to share our expertise in solar energy, clear vitality, and expertise in startups. Mr. Tripathi additional stated that as a part of the G20 Summit, there have been quite a lot of conferences on commerce practices and provide traces, provide chain which have given a really sound implementation of such points. Not solely that, India has additionally prompt at numerous ranges that there must be a change within the practices guidelines, and laws of the World Trade Organization (WTO) which has to straight and particularly help the rising market and creating international locations in addition to creating economies. The former Ambassador additionally threw mild on the temporary historical past of the G20 and stated that it’s the solely worldwide group that features members of the G7, BRICS, and different vital worldwide our bodies, permitting it to function a bridge between prosperous and creating nations.

Earlier, in his welcome handle, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, emphasised the importance of the occasion. Prof. Jaiswal knowledgeable that in keeping with the IMF report, India has change into the fifth-largest financial system when it comes to GDP and is at the moment the fastest-growing financial system on the earth. He stated, as per the report, if the expansion development continues over the following few years, India will change into one of many prime three GDP international locations globally, together with the US and China. Prof Jaiswal elaborated that as per the report, feminine participation in larger training in India is under 15%. And if it improves by about one other 20 factors, India will change into the third-largest GDP. Therefore, if we additional strengthen the variety index and make ourselves among the many prime 40 the way in which we’ve got finished the innovation index, the Indian financial system will surpass the US financial system. Prof. Jaiswal proudly shared that IIM Sambalpur has already taken the initiative when it comes to enhancing its gender range. With 60% gender females share within the latest MBA batch, the institute has achieved the best feminine ratio among the many prime colleges in India.

The occasion concluded with the Q&A session, moderated by Mr Ali Syed, RIS, adopted by a vote of thanks by Prof. Padmavathy Dhillon, Faculty IIM Sambalpur. The occasion served as a platform for interactive dialogue on the G20 Presidency and its broader implications when it comes to training, analysis, and different numerous views on a worldwide degree.

It is to be recalled that the initiative has been collaborative analysis between the Research and Innovation System for Developing Countries and the Ministry of External Affairs (MEA).