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Greetings!
Sardar Patel Institute of Economic and Social Research is organizing a National
Seminar on “Building a New India: Strategies for Inclusive Growth". The seminar
will take place on March 28 & 29, 2025.
India's economy is thriving, with Deloitte forecasting growth between 6.9% and 7.2%
for the current and next financial years. While the nation's domestic market, foreign
investments, and digital landscape are driving this robust expansion, challenges like
unemployment, inflation, and inequality persist for many. This seminar aims to
convene experts from various fields to analyse India's development trajectory and
explore policy solutions for inclusive and sustainable growth.
This is Second edition of the conference.
About Institute
Sardar Patel Institute of Economic and Social Research is a leading Social Science
Research Institute in India. It is an autonomous organisation registered as a Trust and
Society under the relevant statutes in 1965. With the valuable cooperation of the
Gujarat Government, businessmen, and industrialists of Gujarat, the Institute started
academic activities in 1969 with Prof. D.T. Lakdawala as its founder Director.
Appreciating the role of such an institution of higher learning and research in Gujarat,
the Gujarat government had given full maintenance grant during the initial years of
the Institute’s development. By the mid-seventies, the Institute established its unique
identity at the national level.
About the Seminar
India's economy is thriving, with Deloitte forecasting growth between 6.9% and 7.2%
for the current and next financial years. While the nation's domestic market, foreign
investments, and digital landscape drive this robust expansion, many challenges like
unemployment, inflation, and inequality persist. This seminar aims to convene
experts from various fields to analyse India's development trajectory and explore
policy solutions for inclusive and sustainable growth.
Inflation remains a significant challenge, despite moderating to 5.7% in December
2022. This exceeds the central bank's threshold. Human development indicators
necessitate urgent attention. The unemployment rate, projected at 8% by CMIE for
2024, aligns with the peak secondary education dropout rate of 12.6%. Disparities in
health outcomes are evident, with infant mortality rates significantly higher in rural
areas (27 per thousand) compared to urban areas (17 per thousand), reflecting
inadequate rural healthcare infrastructure. Rural regions also suffer from deficiencies
in education, infrastructure, and financial access, hindering their economic
contribution and perpetuating poverty. Urban planning, while crucial for GDP
growth (contributing seven times its value), also generates negative externalities,
primarily environmental concerns. Effective governance is essential for inclusive
growth, transparency, and leveraging technology to streamline administration.
Gujarat's development trajectory offers a potential model for other states to emulate
through foreign direct investment.