The KIIT School of Management (KSOM) organised its 10th National Finance Conclave with the theme ‘Getting to $5 Trillion: Navigating the Financial Landscape’ here on Saturday.

Distinguished Fellow, NCEAR and Emeritus Professor, National Institute of Public Finance and Policy, New Delhi,

Prof Sudipto Mundle delivered the keynote address titled, ‘An inclusive strategy for reviving growth in India’.

“What is required now is a macroeconomic strategy to quickly revive aggregate demand in the short run, while initiating structural reforms over the long run. The strategy has to take into account a very challenging external economic environment,” Prof Mundle remarked.

Rahul Bajoria, Chief Economist, Barclays Investment Bank laid focus on demand-supply management perspective. Piyus Garg, EVP and CIO, ICICI

Securities said consumption has slowed down while saving went down.

Chief Economist, Axis Bank Sougato Bhatttacharya elucidated how GDP growth rate has been stunted. Pramod Kasat from Ex-Indusland Investment Banking said that having the largest number of young people in the world, India boasts of huge opportunities.

The second panel discussion was on the topic "Known Terrain yet Uncertain Path: Challenges in Financing the Growth". The panellist were Madhavi Arora, Lead Economist, Edelweiss Securities; Amit Tripathi, CIO, Fixed Income, Nippon India Mutual Fund; Prof Arun Kumar, Chair Professor, Institute of Social Science; Sandeep Bagla, Associate Director, Trust Capital and R Kannan, Head, CPM, Hinduja Group.