India 2020: Vision for the Financial Sector (ICIFS)

Organization: Sri Guru Gobind Singh College of Commerce

Venue: Sahibzada Ajit Singh Auditorium

Location: New Delhi, Delhi, India

Event Date/Time: Mar 10, 2014 / 9:00 am - (GMT +5:30 hours) End Date/Time: Mar 11, 2014 / 6:00 pm - (GMT +5:30 hours)
Abstract Submission Date: Nov 15, 2013 Time: 23:59:00(GMT +5:30 hours)
Paper Submission Date: Dec 31, 2013 Time: 23:59:00(GMT +5:30 hours)
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Description

‘INDIA 2020: VISION FOR THE FINANCIAL SECTOR’

INTERNATIONAL CONFERENCE

Organized by

SRI GURU GOBIND SINGH COLLEGE OF COMMERCE

(UNIVERSITY OF DELHI)

 

MARCH 10-11, 2014; NEW DELHI

ABOUT US

Sri Guru Gobind Singh College of Commerce (SGGSCC), founded in 1984, is a premier commerce college of the University of Delhi. In March 2013, the college had successfully organized an international convention 'Vimarsh 2013' on ‘The attractiveness of India as a global investment destination’. The conference was graced by experts from Cambridge University (UK), Indian Council for Research on International Economic Relations (ICRIER), UN-ESCAP, Ministry of Finance, National Council for Applied Economic Research (NCAER), development banking institutions, credit rating agencies and business leaders. Now, are now organizing an international conference on “India 2020: Vision for the Financial Sector” that will examine the outlook for Indian economy and businesses in the run up to 2020 and suggest measures that should be taken by the Government and the financial industry to set the economy back on path to sustainable growth.

 

‘INDIA 2020 : VISION FOR THE FINANCIAL SECTOR’

There is no ambiguity the world over about India's immense economic potential and its growing clout in global economics and finance. However, the last decade has been a mixed bag for the Indian economy and businesses. After the high of 2010 (11%), the GDP growth slowed down to 6% (World Bank) and to a decade low of 5% in 2012-13 (CSO) (World Bank estimate is 5.7%). The current-account gap widened to 4.8 percent of gross domestic product in the 12 months ended March, much higher than 2.5%, which the Reserve Bank of India deems a sustainable level. Inflation remains stubbornly high at around 10%, presenting the unenviable specter of low growth and high inflation. Increasing foreign capital outflows and weak currency are not helping either. Quantitative Easing by the US Federal Reserve has prompted investors to pull out from the emerging markets. Foreign investors sold a net $3 billion of Indian stocks and bonds in July 2013 alone. Rupee has lost more than 28% against the US Dollar, pulling down the business confidence. The response of Reserve Bank of India has also come under criticism for its handling of the Rupee slide, renewing the debate on the Central Bank's autonomy. Clearly, the India growth story has taken a hit and a lot would need to be done structurally and on the policy and political fronts to repair the damage and get back on the growth track. ‘India 2020: Vision for the Financial Sector’ purports to visit the overriding concerns that India will need to contend with during the next seven years or so to come true to its global expectations. It will endeavor to bring together economists, financial experts and business leaders to deliberate on various issues that beset Indian economy and businesses and suggest novel solutions.

 

REGISTRATION

The conference fee is US$ 200 (for overseas delegates) and INR 750 (for Indian delegates). Domestic delegates presenting papers are exempt from paying conference fee. Registration Form is available on the conference website  http://www.sggscc.ac.in/conference/India2020

 

LOCATION OF CONFERENCE

Sahibzada Ajit Singh Auditorium

Sri Guru Gobind Singh College of Commerce (SGGSCC)

 

ACCOMODATION

Accommodation, for delegates presenting papers at the conference, will be arranged in the University of Delhi Guest House.

 

CONFERENCE CONVENOR

For all enquiries related to the Conference, please contact:

Dr Harvinder Kaur

Associate Professor, SGGS College of Commerce

Phone: +91-98-1021 6016 (Mobile) Phone: +91-11-2732 1109 (Work) Fax: +91-11-2732 6710 Email: icifs.sggscc@gmail.com

 

CALL FOR PAPERS

Papers are invited from academics, practitioners and policy makers on the following and related topics as applicable to economics and financial markets:

JEL CLASSIFICATION(S) : E, F, G, H

1.        Growth of Indian Financial Sector Over the Last Decade: Hits & Misses

  • Structural reforms
  • Policy reforms
  • Financial infrastructure
  • Regulatory framework

2.        Message from the Markets

  • How things are different from the 1991 (balance of payment crisis)?
  • Message from the markets: Indicators, Volatility and Forecast

                    i.  Stock market

                    ii. Currency market

                    ii. Commodity market

  • FDI and expectations of the foreign investors

3.        Assessment of the Current Economic Situation by the Credit Rating Agencies

4.        Comparison with other Emerging Markets

5.        The Way Forward to India 2020

  • Structural and policy reforms
  • Financial infrastructure
  • Regulatory framework, including the Central Bank autonomy debate

6.        Role of Financial Sector Innovations in ‘India 2020’

  • Development banking
  • Commercial banking
  • Credit rating
  • Financial markets
  • Financial technologies, etc.

 

SUBMISSION DEADLINES

Abstract: November 15, 2013

Full Paper: December 31, 2013 

Presentation Slides: January 15, 2014

 

BEST PAPER AWARD

Papers presented at the Conference will be adjudged by a Jury for the Best Paper Award.

 

For SUBMISSION GUIDELINES please refer the attached brochure or the conference website http://www.sggscc.ac.in/conference/India2020

 

Venue

SGGS College of Commerce
New Delhi
Delhi
India
MORE INFO ON THIS VENUE

Organizations

Sri Guru Gobind Singh College of Commerce
Pitampura
New Delhi
Delhi
110034
India