Lecture on political economy of economic development organised at PAU

Ludhiana, June 16, 2023: The Department of Economics and Sociology, Punjab Agricultural University (PAU), organized a guest lecture on “Political Economy of Economic Development in India” as a part of ‘Azadi Ka Amrit Mahotav’ programme”.

The speaker, Dr Lakhwinder Singh, Visiting Professor from the Institute of Human Development laid emphasis on the dynamics of India's economic landscape with respect to the world economy. He highlighted that India advocates the title of the fastest-growing economy based on real GDP percentage while it ranks quite low in terms of per capita income, multidimensional poverty index, and human development index. Dr. Singh proposed several future pathways for India's economic development, emphasizing the need to boost innovation expenditure, decrease environmental emissions and optimize earth's carrying capacity. These measures, according to him, would pave the way for a prosperous and sustainable Indian economy.

The lecture was attended by the faculty members, research fellows and Ph.D. students of the department.

Concluding the event, Dr Kamal Vatta, Professor (Economics) proposed a vote of thanks. Earlier, Dr J.M. Singh, Professor and Head, introduced the speaker and welcomed the guests.