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IIM Indore Celebrates Sixth Foundation Day The Event IIM Indore celebrated its Sixth Foundation Day on October 3rd 2005, Dr. S. P. Parashar delivered a stirring address, emphasizing on the youth and dynamism of IIM Indore, while maintaining that it was essential to look to improve and update the mission and vision that the institute had started out with. IIM Indore now has a two-year full time Post-Graduate Program, an eighteen month Executive Post-Graduate Program and is about to launch a full-fledged Fellow Program in Management. Management Development Programs and in-company training programs are also conducted on a regular basis. Mr. Baba Kalyani, Chairman and Managing Director, Bharat Forge and Chairman Board of Governors, IIM Indore, then introduced Dr. Rakesh Mohan, the Chief Guest. Chief Guest's Address Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India, was the Chief Guest for the occasion. He spoke about the correspondence between economic reforms and Corporate Sector Performance in India. Dr. Mohan started informally by interacting with the audience, in a very simple, down-to-earth manner that contrasts starkly with his immense experience and knowledge. Topic of the Lecture: "Economic Reforms" He took the audience through three phases of the post-reform period, starting with the initial growth in the 1990s, followed by the deceleration in the late 90's, and the remarkable recovering we have witnessed since 2002. During the course of his lecture, Dr. Mohan discussed aspects like Industrial De-Regulation, Liberalisation, Tax Policy, Monetary Policy, the Financial Sector Strengthening and the Capital Market. He carried the audience through a brief narrative on the measures that had been implemented over the years, such as industrial de-regulation, elimination of Capital Licensing, the removal of MRTP and several others. The impact of these could be seen almost immediately as the GDP rose sharply, and a large number of new companies were initiated. Contributed by - |
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