India’s Economic Progress Gains Momentum, Says Prof. R.M. Chintamani

Kollegal, February 23, 2019: Prof. R.M. Chintamani, Director (Retd.) of JSS PG Centre, highlighted India’s robust economic growth and expressed optimism for its continued progress in the coming years. He delivered a special lecture on the topic ‘Current Economic Situations’ at JSS Women’s College in Kollegal. The event was organized by the PG Department of the college.

In his address, Prof. Chintamani referenced the recent UN report titled ‘World Economic Situation and Prospects,’ which acknowledged India’s rapid economic development. He emphasized that the country’s business activities have gained momentum due to the implementation of various new systems such as the Goods and Services Tax (GST), simplified tax procedures, digitalization, and online money transfer systems.

Presiding over the program, Prof. Umesh, Principal of JSS Women’s College, Kollegal, emphasized the importance of maintaining India’s position among the top 50 business-friendly countries in the world. He highlighted that the present Prime Minister has called upon industrialists and entrepreneurs to contribute their best efforts towards achieving this goal. Prof. Umesh further noted that India has successfully attracted over Rs. 263 billion dollars in investments over the past four years, representing a 45 percent increase compared to the previous two decades. He emphasized that India’s economic progress has surpassed that of China, a remarkable accomplishment.

The lecture witnessed the presence of Prof. Archana M. and Prof. Mahesh on the dais, adding valuable insights to the discussion.

The event shed light on India’s impressive economic growth and its positive outlook for the future, reflecting the country’s commitment to business-friendly policies and advancements in various sectors.

2023-06-15T11:16:54+00:00