Chandigarh April 15, 2019
Sh Sanjeev Sanyal, Principal Economic Advisor, GoI delivered a lecture
on the topic “21st Century Economics” at the 55th Panjab University
Colloquium organised by PU Colloquium Committee, here today.
In his Lecture, he explained about the ideas of economy can change
nation’s way of living. New ideas from different fields like socialist
and marketing economists act as filters. Economy may be considered as
biological ecosystem which is continuously moving; there is no natural
tendency to move to equilibrium. He talked about Noble prize winner
Friedrich Hayek speech about pretence of knowledge. He also explained
about complicated indian tax system and GST. Economy which is related
to other fields like biology, history etc. is going to churn and they
has to be optimal equilibrium; it keeps on continuous moving. He
emphasized that new ideas should be imbibed and we have to participate
in the changes; at the same time we have to take these to next
generation and. It is important how do we operate in this environment.
He talked about new reforms like judicial forms, higher education etc.
in the country need to be introduced.
Prof. (Dr.) Raj Kumar, Vice Chancellor, Panjab University, Chandigarh
in his address, while expressing his gratitude to the speaker for
taking out time to enlighten the audience with his vast knowledge on
Indian economy and world economy, highlighted about how technology
plays important role through medium, target groups and productivity.
He also elucidated how the young researchers through their research
can help common man and society.
Earlier, Prof. Promila Pathak, Coordinator PU Colloquium Series
briefly spoke about the eminent speaker. She introduced him and
mentioned his various achievements, informing that he has been member
of the Steering Committee of Urban Age at LSE Cities and co-founder
and Director of GIST – a think-tank that is a pioneer in the field of
environmental accounting. She informed about his various assignments
and awards he received for his meritorious contributions
University Faculty, teachers of Local Colleges and neighboring
institutes, CRIKC members, research scholars, and students attended