An International Conference on topic “Economic Slowdown: Scope for Transformation & Innovation” was organized at Asian School of Business on 1 Feb 2020. The main purpose of the conference was to provide a common platform to people from academia and industry to share their views and opinions about the related topic that would be of immense help to students, research scholars and the society as a whole.
The Conference started with a welcome note by Dr. Anubhuti Dwivedi, Principal – Asian School of Business. She welcomed all the delegates contributing in this Conference and also briefed about objectives of the Conference.
In his keynote address, Mr. Vivek Kalia, Head, Training Business Operations (India and South Asia), Airbus Group discussed about various issues that are responsible for the world economy slowing down over past couple of years. He also highlighted that one need to be optimistic for the trend to reverse pretty soon.
In his speech, Mr. Sanjay Gulati, Group Executive Vice President- Corporate Tax, GMR Group spoke about as to why he believes this decade will be good for the global economy as the growth of emerging markets will likely be driven by China, India and Southeast Asia. This is due to three growth drivers: a positive demographic dividend where more people join the workforce; huge catch up opportunity in productivity for emerging markets compared to the developed economies; and surplus of capital, high saving rates and low debts.
Mr. Alok Sanghai, Director Chief Controls Office, Barclays went on to speak as to how technology and innovation can be used to improve the economy. He spoke about how technology can be used to improve productivity in industries that in turn would lead to improving the economy in the long run.
The conference was divided into two technical sessions. One of these sessions was chaired by Prof. AK Sharma, Marketing Head, Truffle and 15 papers were presented by the delegates in this session. Other session was chaired by Prof. JK Bareja, Associate Professor, University of Delhi and 14 deliberations were there on different topics covering theme of the Conference.
Among all deliberations, two papers were awarded as best papers (one from student section and other from faculty section). Amongst the student papers, best paper was awarded to Ms. Swati Jain from Rukhmini Devi Institute of Advanced Studies, Delhi for her work titled “A study on consumers’ perception towards insurance as a financial planning tool”. Among the faculty papers, best paper was shared between Dr. Deependra Sharma and Mr. Satish Kumar from Amity University, Gurgaon for their work titled “Assessing the significance of classical tuition classroom learning methodology in the era of emerging online educational learning Apps”.
The Conference concluded with Valedictory session wherein the certificates were distributed to all participants and a vote of thanks by Dr. Maroof Ahmad Mir, Associate Dean, Asian School of Business to all delegates, organizing and technical Committees for smooth conduct and success of ASBIC – 2020.
Just to add that the proceedings of Conference were successfully managed by members of Research and Development Cell of the Institute.