Dr. G. Viswanathan
Vellore, Tamil Nadu (632014)
Prof. Velmurugan. G
Professor and Head Department of Commerce
"Details of the Conference arrangements (venue, registration, reception, accommodation, boarding, excursion., etc., ) members are advised to contact the Local Organizing Secretary on the above mentioned address. For more details log on to http://indianeconomicassociation1917.com"
India has been witnessing GDP growth of around 7 percent for long, nevertheless slow down and sustainability is the recent concern. For India to become a USD ten trillion economy in 2030 from the level of USD 2.26 in 2016, the rate of growth must be at least 7 percent. The possibility of India accelerating its real GDP growth rate above 8 percent sustainably is an interesting question to ponder over. India to become an upper middle income economy, its per capita income should reach the mark of USD 3856. In order to achieve this stage, the bottlenecks that restrain low income economy such as poor public services, failures of market integration, poor health, malnutrition and poor quality of education must be relieved.
Although the share of agriculture in the GDP has declined, it is still the source of livelihood for majority of the population. Moreover, performance of agricultural sector will have implications for non-agricultural sector because of its linkages. Farmers face distress due to low agricultural prices rather than low agricultural production. The goals of agricultural development should be to achieve 4 percent growth, equity or sharing growth and sustainability and environment.
Creating adequate and quality jobs is the biggest challenge in India. In accordance with the changing demography of having the largest percentage of working age population, India has to create 8 to 10 million jobs annually in the next decade or so. The annual addition to the working age labour force is estimated to be 5.8 million for the period 2015 to 2030. Quality of labour improves with the structure of employment from low productive to high productive occupations and sectors. But in India large proportion of labour force is engaged in informal work in informal enterprises. The biggest challenge is ensuring conditions of decent work in industries, establishments and enterprises and to reduce gender inequality in employment.
As part of the Development Agenda titled “ Transforming our World: The 2030 Agenda for Sustainable Development” of the UN General Assembly, 2015, 193 countries including India resolved to “free the human race from the tyranny of poverty and want to heal and secure our planet. Towards this 17 sustainable development goals (SDGs) were announced. With 18 percent of the world’s population, India’s experience and progress is of critical importance.
India will be world’s youngest country by 2020 with an average age of Indian as 29 years. This demographic dividend comes at a time when world is ageing. In order to make use of the advantage, there is an indispensable need to improve the employability of the workforce and to have structural change from agriculture to non-agriculture and unorganized to organized. As of now Government initiatives yielded slow progress, more innovative methods are needed to improve skills faster and to address the mismatch between demands for industry and sectors and supply of employment.
Nationalization of Banks in 1969 played an important developmental role in the last 50 years including financial inclusion. In recent years public sector banks have been suffering from high NPA and twin balance sheet problem. To resolve the crisis, Government has announced bank recapitalization programmes and Insolvency and Bankruptcy Code.
SPECIAL SESSION ON THE ECONOMY OF TAMIL NADU
The special session of the 101st Annual Conference will deal with the economy of Tamil Nadu. Papers on the same would be invited by and are to be sent directly to the convener of this session:
Prof. Dr Vedagiri Shanmugasundaram
Former President, Indian Economic Association.
No. G. 104, 09th Street, Anna Nagar East,
Chennai, Tamil Nadu – 600 102.
Phone: 044-26632801; 26267167
LAST DATE OF SUBMISSION OF PAPERS
Papers must reach latest by 31st August 2018. Papers received after the last date will not be considered for publication in the Special issue of the Journal. Members can however be allowed to present their papers received after the due date only with the permission of the Chair.
SIZE OF PAPER AND NUMBER OF COPIES
The paper should be in about 3000 words typed in Times New Roman font 12 in 1.5 space, with an abstract of 500 words. Papers without abstracts will not be considered for publication. Along with a hard copy, the CD containing the paper must be sent. Articles should be typed in MS-WORD only.
Research Papers on other formats, like pdf will not be considered. Papers without the Abstract will also not be considered. Kindly also mention your date of birth in your forwarding letter for consideration of awards for your paper.
Hard copy of the paper along with a CD should be sent to the General Secretary and Treasurer Dr. Anil Kumar Thakur, latest by 31st August 2018 and also a soft copy by email to Dr S. Narayanan, Coordinator (South) and Special Invitee, Executive Committee, IEA on their addresses given below.
Coordinator (South) & Special Invitee, EC, IEA
Department of Economics,
D.G. Vaishnav College,
Chennai – 600 106. Tamil Nadu
General Secretary and Treasurer, IEA
Secretariat Colony, Road No. 3,
House No. B/ 6, Kankarbagh,
Patna – 80 020. Bihar.
The list of papers received would be displayed on IEA’s website www.indianeconomicassociation1917.com by 10th October 2018. The senders of papers are requested to see this list to confirm the receipt of their papers by the IEA Office to safeguard against lost/ delays in postal transfers. Those whose names do not figure in the list are requested to send emails of their paper along with a scanned copy of proof of having sent it earlier to Dr Anil Kumar Thakur at the given email addresses, latest by 15th October 2018 for the same to be considered for onward action
IMPORTANT NOTE FOR THE PAPER WRITERS