Business Other News 30 Aug 2019 India Inc to debate ...

India Inc to debate USD 5 trillion economy goal amid RBI bonanza to govt

DECCAN CHRONICLE
Published Aug 30, 2019, 12:31 pm IST
Updated Aug 30, 2019, 12:31 pm IST
RBI decided to transfer Rs 1.76 lakh crore in dividend and surplus reserve to the government.
Reserve Bank of India,
 Reserve Bank of India,

Amidst debates over RBI handing over Rs 1.76 lakh crore to the Centre, India Inc is also talking about whether the target of USD 5 trillion economy is achievable.

CXOs from across industry verticals will be deliberating and debating on if becoming a USD 5 trillion economy an achievable target for India, in Bangalore on August 31. 

 

Sanjeev Sanyal, principal economic adviser in the ministry of finance, will set the ball rolling at the CXO Conclave organized by XIA.biz 2019 (Xaverians In Action).  Sanyal, a Rhodes Scholar, Elsenhower Fellow and formerly managing director & global strategist of Deutsche Bank, is also an alumnus of Kolkata’s St Xavier’s School.

The conclave will be attended by J C Sharma, vice chairman and managing director, Sobha Ltd, Brien Ghosh, country head, Technicolor, Gopichand Katragadda, founder CEO Myelin Foundry & Past Group CTO Tata Sons and Past MD of GE JFW TC, Suborno Bose, founder & chief mentor, Indismart & IIHM Group,  Satyam RoyChowdhury, co-founder & MD Techno India Group & Chancellor SNU, Sagar J Daryani, co-founder & CEO, WoW Momo, Suvankar Sen, executive director, Senco Gold & Diamonds, among others, said Rudra Shankar Roy, convenor - SXCCAA South Zone Chapter.

Sanyal would set the tone of the conclave explaining the government’s agenda, initiatives, roadmap to reach the target of a USD 5 trillion economy. Interestingly, Sanyal also serves as the co-chair of the Framework Working Group of the G20 and represents India on a number of international forums. The CXO Forum will also deliberate on the need for reskilling in time of VUCA (volatile, uncertain, complex and ambiguous), said Roy.

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