SCHOOL OF ECONOMICS
UGC-SAP (DRS-III) Supported Department
Centre for Excellence
Centre with Potential for Excellence in Social Sciences
Devi Ahilya University, Indore
Accredited ‘A’ Grade by NAAC
WELCOME YOU
School of Economics
Devi Ahilya University, Indore
ORGANIZES
An International Seminar on
Globalization and Indian Economy:
Issues and Challenges
&
A Two Day XXVII Annual Conference of
Madhya Pradesh Economic Association (MPEA) on
Union State Financial Relations in India
Structural Transformation of Madhya Pradesh Economy
17-18 February 2017
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School of Economics
Devi Ahilya University
Takshashila campus, Khandwa Road, Indore-452001
Tel. No. 0731-2361087, 2363088 (fax)
Website: http://www.soedavv.ac.in
Dear Sir / Madam,
It is a matter of great privilege to share with you that School of Economics, Devi Ahilya
University, Indore, is organizing an International Seminar and XXVII Annual Conference of
the Madhya Pradesh Economic Association (MPEA) on 17-18 February 2017.The twin
programme of International Seminar and the MPEA conference is being held to provide a platform
to all the academicians, researchers, faculties, scholars and other participants to deliberate upon
and discuss the various issues of economic relevance related to the Indian economy and the State
of Madhya Pradesh.
Topic of the International Seminar
Globalization and Indian Economy: Issues and Challenges’
&
Themes of the MPEA Conference
Union State Financial Relations in India
Structural Transformation of Madhya Pradesh Economy
INTERNATIONAL SEMINAR
Globalization and Indian Economy: Issues and Challenges
The era of globalization in India was ushered in the year 1991. As a third facet of the new
economic policy of LPG - Liberalization, Privatization and Globalization, it was aimed at putting
India on a global platform. From an era of Global Protectionism, we went on to invite Global
Participation in our own developmental process. The globalization of the Indian economy found
its premise on many reasons. Forty four years down the line since independence (1947-1991), the
shape and state of our economy had gone from bad to worse. India was battling with all kinds of
economic problems like inflation, poor public sector performance, rising imports, dismal state of
foreign exchange reserves, rising international loan burden and loss of credibility and global
confidence in Indian economy. Survival on its own strengths (and weaknesses) had
become
highly improbable for India. The introduction of economic reforms was thus inevitable and
probably the only way out at that critical juncture.
Today in year 2016 we have crossed over the threshold of 25 years i.e. quarter of a century
since India became a global economy. It is indeed time to take stock of ourselves. The globalization
era has literally changed the face of India. Our self-esteem has gone up not only in our own eyes
but also in the eyes of the entire world. The globe is indeed looking at us with renewed interest.
The globalization process brought with itself unprecedented changes and innovations for the
Indian economy. Because of its cheap labour availability, India became a hub for multinationals
to set up their production units. Almost every macroeconomic variable has been affected by the
process of globalization. Be it foreign direct investment, foreign portfolio investment, business
process outsourcing, technology transfer, information technology advancements, foreign trade of
goods, services and capital, foreign exchange reserves or national income, the globalization era
has revamped the face of Indian economy. Supported by a favourable government policy
framework, the Indian economy made all efforts to create a conducive environment for the world
economies to trade, deal, create linkages and foster economic relationships with India on all fronts.
However in spite of the numerous strides made in various directions, the process of
globalisation has failed to deliver in respect of some of the most pressing problems of the Indian
economy. The country still continues to suffer from abject poverty. In stark contrast to our long
term objectives of equitable distribution of income, the globalisation process has resulted in
widening the gap between the rich and the poor. The status of education and health which comprise
the social infrastructure of the economy are still far from satisfactory. Unemployment being still
rampant in the country, India seems to be grappling with its basic problems even now.
Through this international seminar on ‘Globalisation and Indian Economy: Issues and
Challenges’ it is being sought to gauge and discuss the various issues and challenges and also
study the impact of globalization on Indian economy under the following themes:
1.
2.
3.
4.
5.
6.
Assessment of the trend and nature of Economic Development
Trend and direction of Foreign Investments and their impact on Economic development
Business Process Outsourcing and its impact on employment
Social Sector development under globalization.
Infrastructure development during Globalization era
Issues of environment sustainability, inequalities, poverty and employment during this
period.
7. Issues of agriculture development
8. Technological, Social and Cultural impact of Globalization.
9. Globalization and Government Policy Framework
10. Issues related to international trade and exchange rate.
11. Globalization and Service sector
12. Outlook of the world or Foreign Perspective on India’s global stance
Papers are invited from academicians and subject experts on the above theme for
discussion in the seminar and later on for publication in a book if considered suitable. The papers
should be submitted to Prof. Kanhaiya Ahuja, Organizing Secretary by e-mail:
[email protected] latest by 31 December, 2016.
Annual Conference of Madhya Pradesh Economic Association
I. Union State Financial Relations in India:
. The term federal relationship is indicative of the co-existence of governments at the
Centre and the State level both and the division of the powers between the two. Financial resources
are required by the Centre as well as the States to discharge their functional responsibilities. While
generation of revenue is done by both at the level of Central Government and the State level, its
allocation to the States is entirely the prerogative of the Centre. One of the most important sources
of revenue generation for the Centre as well as the State is the collection of the variety of taxes
imposed by the government. The Central government collects customs duty, corporation tax,
capital gains etc. while the State government has the powers to collect land revenue, stamp duty,
estate duty, entry tax, sales tax, taxes on vehicles and luxuries etc. While some taxes are collected
by the Centre, some are collected by the State on behalf of the Centre and may be remitted to the
Centre or used by the State themselves. To resolve the issue of complex indirect tax and multiple
and heterogeneous tax structure prevailing in our country, the Central government has passed a
new tax regime known as Goods and Services Tax (GST). This reform being of comprehensive
nature is expected to introduce some simplicity in the way indirect taxes levied in the country.
Also it is being hailed as one of the biggest tax reforms in the country. Therefore to elaborate on
the above issue of Centre-State financial relations, research papers are invited on the following
themes for discussion during the conference.
1.
2.
3.
4.
5.
6.
7.
8.
The current tax regime in India
Role and importance of Financial Commissions
The proposed Goods and Services Tax: Issues and Challenges
Federal Structure and Economic Development
Tax Collection and Federal Structure
Reforms in the federal structure of Indian Economy.
Impact of political regimes on federalism in India.
Federal structure and impact on State GDP
2. Structural Transformation of Madhya Pradesh Economy:
The State of Madhya Pradesh has made a sudden about turn and in current times the State
boasts of having achieved the highest growth rate in the country. It is a well-known fact that true
economic development cannot be achieved without undergoing structural changes. The structural
changes imply the growth of industrial and the service sector. Structural transformation of an
economy pre-supposes the existence of a strong and robust economic and social infrastructure.
Structural transformations are meant to usher in better roads, communication facilities, power
generation, more schools and colleges, and improved health and medical facilities etc. It also
means less dependency on agriculture for survival and sustenance.
Can the increase in the GDP growth in Madhya Pradesh be attributed to such changes or is
the growth merely driven by agriculture? Has the economy and its people actually moved from
agriculture to the industry? Has the State economy achieved as much as can be called as a story of
‘sick’ to ‘structurally changed’? To seek answers to all these questions, research papers are being
called on the following themes to discuss during the conference:
1. Transforming agricultural scenario in Madhya Pradesh
2. Horticulture and Food Processing Industry of Madhya Pradesh
3. Economic and social Infrastructure and economic development in the state
4. Occupational patterns and Structural changes in Madhya Pradesh
5. Role of Financial Services in bringing Structural changes in the state
6. Role of technology and Structural changes in Madhya Pradesh
7. Contributions of FDI and economic development
8. Impact of Policy and Social sector initiative on growth and poverty
9. Regional dimension of growth in the state
10. Environmental Sustainability of development process
We request you to kindly contribute a research paper on any of above mentioned themes. Research
papers and articles (not exceeding 3000 words in Hindi or English) accompanied with an abstract
in 250 words are invited on the above topics. The papers must be written in Microsoft Word 2003
using Times New Roman (12) font for English and Kruti Dev (10) font for Hindi. The research
paper and abstract along with the confirmation of registration should reach the Organizing
Secretary latest by 31 December, 2016. The papers and/or abstracts will be published in the
journal on recommendation of the editorial board. The papers should be submitted to Prof.
Kanhaiya Ahuja, Organizing Secretary, MPEA by email [email protected]. The editorial
board reserves the right to edit/accept/reject the research articles. Only quality research papers
will be considered for publication in the Journal of MPEA. Submission of manuscript will be
treated as transfer of copyrights to the editor.
E-JOURNAL of MPEA with ISSN Number will be available on our new MPEA website
www.mpea.co.in
The XXVII Annual Conference of MPEA will be presided over by the President MPEA,
Dr. Vijay Singh Parihar ([email protected] ) and the proceedings will be conducted by
General Secretary, MPEA, Prof. G.R. Gangle ([email protected]).
Registration:
The registration fee is Rs. 700/- which is a single common payment for both, Conference and
Seminar and should be paid in cash or Bank Draft in favour of “ Head, School of Economics,
DAVV” payable at Indore. The completed registration form along with registration fee should be
sent to the Organizing Secretary “Prof. Kanhaiya Ahuja, School of Economics, Takshashila
Campus, Khandwa Road, Devi Ahilya University, Indore-452001, Madhya Pradesh”. The
registration fee covers conference kit, two day proceedings, accommodation (pre confirmed only)
and local hospitality. The accommodation will be provided on demand to only those outstation
participants on first come first basis, whose registration fee is received on or before 15 January,
2017.
About School of Economics:
The School of Economics, a teaching department of Devi Ahilya University is positioned as the
only institute in Central India providing professional courses with perfect blend of Economics &
Management. Proving its versatility and the motive to develop a scheme of integral education
compatible with the contemporary needs, the School of Economics runs conventional and
professional programmes viz. M.A., M.Phil., PhD., MBA (International Business), MBA
(Business Economics) and MBA (Financial Services).
On the basis of our strength in Teaching, Research and Capacity Building, the University Grants
Commission (UGC) has selected the department for financial support under its Special Assistance
Programme (SAP) at Departmental Research Support Phase – III for a period of five years from
April, 2015 after successful completion of II phase. The themes of the Programme are as follows:
The themes of the Programme are: Innovation, Employment and Inclusive Growth and Trade
Liberalization, Growth and Sustainability
Another proud Moment for us, "The Department is identified under the UGC Scheme of Centre
with Potential for Excellence under XII plan (2016-2021) on the theme of “Inclusive Growth
and Sustainability in the Tribal Area". School of Economics has also been awarded, "Centre
for Excellence” in Teaching & Research by Government of M.P"
We are also fortunate that the State Planning Commission, Madhya Pradesh has created a Chair
on "Decentralized Planning and Micro-Economic Governance" in the department for research
extension and training for regional development. We are fortunate to be felicitated by distinguished
national agencies in the form of numerous research projects namely Department of Consumer
Affairs, Forward Markets Commission (Mumbai), State Planning Commission, Madhya Pradesh,
Development Foundation, Indore, etc.
Core Committee
Prof. N. K. Dhakad
Vice Chancellor
Devi Ahilya University, Indore
Prof. Ganesh Kawadia
Head, School of Economics
Devi Ahilya University, Indore
Dr. V.K. Singh
Registrar,
Devi Ahilya University, Indore
Prof. Kanhaiya Ahuja
Dean: Faculty of Social Sciences
Devi Ahilya University, Indore
Members of organizing Committee:
Prof. Gyan Prakash
Dr. Vasim Khan
Dr. Rekha Acharya
Dr. Ekta Rokde
Dr. Sakharam Mujalde
Dr. VidyaTelang
Dr. Vishakha Kutumbale
Ms. Rachna Jain
Dr. Akanksha Singhi
For any further queries please contact Prof. Kanhaiya Ahuja
Organizing Secretary
School of Economics
Takshashila Campus
Devi Ahilya University, Indore
Contact: +919926020907
Email: [email protected]
Prof. Ganesh Kawadia
Head
School of Economics
Takshashila Campus
Devi Ahilya University, Indore
Contact: +919425352521
Email: [email protected]
Registration Form
17-18 February, 2017
I would like to request you to enrol me as a delegate for International Seminar as well as XXVII
MPEA conference to be organized by School of Economics, Devi Ahilya University, Indore.
Name: ……………………………………………………………………………………………………………………………….
Institution: ………………………………………………………………………………………………………………………..
Designation: ……………………………………………………………………………………………………………………..
Address: …………………………………………………………………………………..............................................
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Contact No. :……………………………………………………………………………………………………………………….
E-mail Id: …………………………………………………………………………………………………………………………….
Research Interest /Specialization: ………………………………………………………………………………………
Title of the Paper: ………………………………………………………………………………………………………………
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Details of Bank Draft: ………………………………………………………………………………………………………
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Signature of the Forwarding Authority
Signature of the Candidate