College Bytes

Chance of a lifetime
Subir Gokarn,the deputy governor of the Reserve Bank of India,was present at IBS for a lecture on ‘Long Term Drivers and Risks in the Indian Economy,A post – Crisis Perspective’,which was organized recently on the occasion of the silver jubilee of ICFAI. The students of IBS also had a unique experience as they recieved the key to check the balance sheet of the Indian Economy. While talking about recession,Gokarn said, “A strong domestic market helped the Indian economy in recession and it will also contribute in the future growth of the economy.” He also felt that the Indian finance sector had limited off balance sheet activities. “De-control of fuel may result in higher prices,but it will help in conservation,” he added while speaking about the issue. Dhananjay Keskar ,Director of IBS said “These types of interactive sessions will help students to get exposure on various aspects of the Indian economy.”