Jaipuria Institute of Management, Jaipur recently organized a Faculty Development Program (FDP) that was attended by leading names in the world of academia. The two day session held on the 27th and 28th of April, 2015 had “Exploring Possibilities for Robust India China Relationship” as its central theme, which led to an invigorating dialogue for the faculty members.
Another objective of the FDP was to analyze pre- and post-reform economic scenarios of two major economies in Asia: India and China. The event also focused on the Possibilities for Indian and Chinese growth trajectory and what lies ahead for the two economies. Leading the discussions were eminent personalities like Padma Bhushan, Dr. V S Vyas, Professor Emeritus, Institute of Development Studies, Jaipur and Dr. Jacob Kurien, Resident Professor of International Economics, John Hopkins School of Advanced International Studies, HNC, Nanjing, China. The event also welcomed Dr. Vijay Vir Singh, Professor, Rajasthan University Jaipur, Mr. George Cheriyan, Director, CUTS Centre for Consumer Action, Research & Training, and Dr. Faisal Ahmed, Associate Professor, FORE School of Management, New Delhi. Dr. Vyas, the keynote speaker, set the tone for the discussion by discussing the similarities between the two Asian Powerhouses. He then talked about the fallout of past decisions that’s likely to affect China’s economy adversely in the future.
According to Dr. Vyas, “China needs to take immediate action to overcome its weakness and continue with robust growth level. There are immense possibilities for a dynamic India-China economic relationship as both the counties need to implement the best practices of one country into another. However, both of the economies are eligible and will compete for economic leadership, especially in Asia.”
The insightful two-day session also had Dr. Kurien showing the economic transformation of China and the key challenges facing the country.
Dr. Ahmed, on the other hand, stressed his belief that in order to achieve a higher level of economic sustainability, both countries need to move hand in hand and focus more on the growth, which is inclusive in nature. Thus, the program coordinated by Prof.
Prashant Sharma was highly informative for the faculty members who actively participated in the discussion. All who partook felt enriched and recharged at the end of this eventful weekend.