Indri (Karnal) April 13- The 6th National Conference on ‘MAKE IN INDIA PM’s Vision : Role Of Engineering & Management Innovations To Achieve This Vision’ organized by APEX GROUP OF INSTITUTIONS concluded here on Sunday Mr. Rajnish Bansal, Chairman Apex Group of Institutions welcomed the guests present on the occasion
. To inspire greater confidence among small entrepreneurs, we need to convert Khadi and Village Industries Commission (KVIC) into a Multinational Corporation (MNC), believes Dr. Goel.
To become the backbone of Indian economy, the entrepreneurs of all shades and creed including micro and small must say no to subsidies under fiscal policy but deserve loans on zero rate of interest under monetary policy. The quantum of loans should be sufficient to say no to second hand imported technology under foreign trade policy. Let Jugad technology be patented for 5.5 crore micro and small units contributing 45 percent of manufacturing output and 40 percent of total exports and providing employment to 11-12 crore people in India, said Dr. Goel.
To capture the full potential of ‘Make in India’ for generating employment, we need to expand capacities and capabilities with analysis of the skills gap and infrastructural bottlenecks. There is a strong case for rainbow revolution in agriculture sector with fast track mechanism for reducing cost and time in this process ’, said Dr. M.M. Goel, Professor of Economics & Former Dean, Faculty of Social Sciences, Kurukshetra University, Kurukshetra who graced the occasion as key note speaker.
He told that about 3/4thof the potential productivity growth come from the broader adoption of best practices, or catch up improvements. The remaining 1/4thcounting only what we can foresee-comes from technological, operational or business innovation that go beyond today’s best practices and push the frontier of India’s GDP potential. Professor Goel quoted the book ‘Can Long-term Globalized Growth be saved?’ by James Manyika et al for his observations.
To achieve the rise in productivity, we have to improve the cooperative operational efficiency among business owners, managers and workers, said Dr. Goel.
Prof. V.K. Rastogi( IP University Delhi), Prof. Arun Sacher ( Amity University Noida), Prof. B.K. Sharma ( IGNOU Advisor), Prof. J.S. Saini( DCRUST Murthal), Prof. Sandeep Singhal( NIT Kurukshetra), Prof. K.K. Sharma(NIT Kurukshetra), Prof. Parvinder Singh ( DCRUST Murthal), Prof. H.K. Sharma ( NIT Kurukshetra), Dr. Prem Kumar( Director BML Munjal University Gurgaon) also shared their knowledge and experience .