ExpERTS SEEK fINANCIAl INCluSION fOR fASTER ECONOMIC GROwTh

There is a need for financial inclusion for the faster economic growth of the country, experts said at a conference organised here recently by the Jaipuria School of Business. The conference was aimed at promoting Prime Minister Narendra Modi’s dream project of “Banking the Unbanked: Financial Inclusion in Digital India”. Union Minister of State for Finance Santosh Gangwar inaugurated the event through a video message. “The pace of policy push for the rapid development of the country, especially in rural India, has accelerated under the dynamic leadership of the Prime Minister. The revolutionary policy of ‘Jan Dhan Yojana’ launched by the government has opened the doors for financial inclusion,” an expert said at the conference. Chairman of the institute, Shishir Jaipuria, emphasised on the importance of financial inclusion for fulfilling the vision of the Prime Minister for a new wholly developed India by 2022. Eight selected papers were presented at the conference out of which two best presenters were awarded during the valedictory session. A seminar on the Union government’s proposal for the Regional Connectivity Scheme (RCS), which is likely to take off sometime this year, was organised by the International Foundation for Aviation, Aerospace and Development’s (IFFAAD) India Chapter.

The seminar, organised earlier this week in the national capital, was attended by eminent people from the aviation industry including Usha Padhee, Joint Secretary, Ministry of Civil Aviation, G.K. Chaukiyal, Executive Director (RCS) Airport Authority of India, Koustav Dhar, CEO, Zoom Air, Kapil The arrival of early summer this year has given a big demand boost to air conditioners and other power back-up devices. The demand for such consumer durables is “expected to go up by up to 45% this season compared to last year”, says a recent survey conducted by Assocham. That India may not receive a normal monsoon due to