SAMAVESH: Accelerating Inclusive Growth, 30th Nov 2012, Survey of India, Dehradun
SAMAVESH: Accelerating Inclusive Growth, 30th Nov 2012, Survey of India, Dehradun
30th Skoch Summit - Reform 2.0
Skoch Digital Inclusion Awards 2012
29th Skoch Summit
28th Skoch Summit -
Skoch Challenger Awards 2012
Sameer Kochhar, Chairman Skoch Group Discussing Transformation of India Post with Kapil Sibal, Hon'ble Minister for Communications & IT and HRD and Majula Prasher, Secretary, Department of Posts
Skoch Financial Inclusion Awards - 2012
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32nd Skoch Summit
32nd Skoch Summit
Key Content
Regaining the growth momentum
Translating growth into equitable growth
Role of reforms and technology in pushing growth
An agenda for India’s growth
Increasing insurance penetration
Creating a social security product
Accelerating SME growth
Financial services for the last mile
Urban infrastructure and governance
State-of-the-mart on financial technology
New bank licences, post bank and women’s bank
Financial inclusion for women, disabled and Marginalised
Financial literacy and financial inclusion of SHGs and panchayati raj institutions
Key Content
32nd Skoch Summit | Key Content
Regaining the growth momentum
Translating growth into equitable growth
Role of reforms and technology in pushing growth
An agenda for India’s growth
Increasing insurance penetration
Creating a social security product
Accelerating SME growth
Financial services for the last mile
Urban infrastructure and governance
State-of-the-mart on financial technology
New bank licences, post bank and women’s bank
Financial inclusion for women, disabled and Marginalised
Financial literacy and financial inclusion of SHGs and panchayati raj institutions
Draft Agenda
32nd Skoch Summit | Agenda
Registration Forms
32nd Skoch Summit |Registration
Registration Application Forms (please download the form as per your category):
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or call +91-9999908628
Venue
32nd Skoch Summit | Venue
6th June 2013 Hotel Hyatt Regency Sahar Airport Road Mumbai
31st Skoch Summit
31st Skoch Summit - Rethinking Governance
Good governance doesn’t mean more government, but different government.
Good governance is central to equitable economic growth and political
legitimacy. It’s the quality of governance that separates success from
failure in economic development of a nation. Research has shown that per
capita income has a strong correlation to the quality of governance,
indicating a virtuous circle in which good governance results in
economic development.
Across
countries, application of the same kind of policies in roughly similar
contexts has yielded vastly different results. India has seen
differences across states in development outcomes resulting from the
same set of economic policies. These differences, even as similar policy
packages are adopted, are due to the variation in governance levels
In
the last 25 years, the two defining principles of Indian economy are
economic liberalisation and globalisation. The basic principle of
liberalisation was creating competitive markets with minimal barriers to
entry and exit. Globalisation — as measured by the movement of ideas,
people, goods, services and capital across borders — has brought immense
opportunities and tough challenges in its wake. Thanks to the
liberalisation programme, the country’s integration with the world has
been seamless. It’s now integrated with the world economy extensively
and deeply than ever.
Yet, economic liberalisation and
globalisation have not necessarily minimised the role of state. Rather,
it has only redefined it, expanding the state’s role in some areas of
economic activityand curtailing in some others. In social development,
the government’s role has not diminished at all. ...read more
Key Content
31st Skoch Summit | Key Content
Smart Governance In defining decentralisation and effective governance, the concept of
Simple, Moral, Accountable, Responsive and Transparent (SMART)
governance is often discussed. It touches on all facets of modern
administration that responds to public needs quickly. SMART governance
puts premium on greater efficiency, community leadership, mobile working
and continuous improvement through innovation. The concept revolves on
using technology to facilitate and support better planning and
decision-making. Through technology, SMART governance ensures that
public services are delivered according to schedule without corruption
and mismanagement.How can the concept be put into practice in India to
bring the fruits of economic growth to the people? What will it do to
usher in a new era of transparent and accountable administrative system?
In which manner this concept could strengthen governance at the
grassroots level?
Creating Competitive Markets Across Sectors The
basic goal of economic liberalisation in India has been creation of
competitive markets with minimal barriers to entry and exit. However,
there are still some sectors in Indian economy which are governed by
strict production and distribution controls set by the
government. Agriculture is the prime example for this. It has been tied
down by extensive production and marketing controls. These controls hurt
fair competition and productivity. It also keeps farmers poor and
vulnerable to exploitation. The coal sector is another sector in which
private initiative is still restricted only to power plants for their
use. A rethink on competitive markets is required to take the economic
reforms forward.These measures were supported by structural reforms in
the form of industrial deregulation, liberalisation of foreign direct
investment, trade liberalisation, overhauling of public enterprises and
financial sector reforms.
Pricing Natural Resources Pricing
of natural resources has become a controversial issue. In certain
areas, competitive forces may not be adequate to determine price. In
such situations, transparent mechanisms for fixing price must be
followed which will be fair to producers and end-users.Allocation of
natural resources involves complex technical, economical and social
issues and depends on the nature and utility of the resources. The
distribution of natural resources cannot be limited to one
method-auction only; public interest has to be kept in mind. The price,
the form and timing, and the type of proprietary interest are elements
to be determined. There has to be a new approach to the pricing of
natural resources.Revenue maximisation may be the goal in one case, but
may not be the goal in several others. Above all, allocation of natural
resources should be based on transparency and fairness. . ...read more
Called Governance 3.0, smart governance is about the creative use of
new information systems such as cloud, intelligent analytics, mobile
devices (smart phones, tablets and post-PC era devices) and a host of
other emerging information and communication technologies (ICTs) to
transform the ways services are delivered. Smart governance can
dramatically alter the productivity of people, help governments and
companies to save huge amount resources by cutting costs on operations,
coordination and on several numerous fronts. Smart governance is then
about smart cities, sustainable development, fiscal management, subsidy
management, better civic amenities and direct benefits transfer. Smart
governance promises to bring real-time cooperation among various
entities – municipal authorities, private companies, citizens and civil
society with little additional costs.
Key Questions:
What is the role of fiscal consolidation, subsidy management and direct benefits transfer?
What are the hindrances and what needs to be done?
What are the prospects for smart governance in India?
Information technology (IT) governance is at the heart of business
success. IT governance underlines the need for organisations to protect
their information assets, streamlines work processes and enhances
productivity levels. It is the defensive mechanism to prevent hacking,
check cybercrime and limit the scope of disruption to operations in case
of a human error or natural disaster. As a business decision, it adds
value to the organisation by enhancing monitoring and scrutiny within,
setting rigorous quality standards, speeding up project delivery and
augmenting profitability. In essence, IT governance is part and parcel
of corporate governance.
Successful IT governance is built on
three pillars. One, leadership that defines the organisation structure,
roles and responsibilities and sets meaningful metrics for IT
governance. Second, flexible and scalable processes to accelerate
implementation and improvement of the governance norms. Third, enabling
technologies to support and strengthen the overall structure.
As
it is an integral part of corporate governance, a few major Indian
public and private sector companies have gone about implementing IT
governance. The Roundtable seeks to find answers.
Key Questions:
Why is IT governance an important business decision?
What are the goals, practices and metrics for IT governance?
In corporate governance, India has a long learning curve ahead.
Disclosure norms of listed companies are hazy, auditing standards are
often not credible, orderly succession plans are given a short shrift,
independent directors are hardly independent, unjustifiable remuneration
to top managerial posts are rampant, minority shareholder interests are
not fully protected, little corporate whistleblower protection is
available and there is token adherence to corporate social
responsibility.
Monitoring of compliance levels to the existing
corporate governance norms is inadequate, though the Companies Bill,
2012, SEBI’s discussion paper of January 2013 and guidelines for public
sector units introduced in December 2012 propose stringent new measures.
Investors to India are subject to strict governance laws in their home
countries. For instance, US companies doing business abroad have to
comply with the Foreign Corrupt Practices Act (FCPA) and Sarbanes-Oxley
Act, among other laws. In contrast, absence of robust corporate
governance norms in India has distorted competition, hampered investment
and stunted the growth of Indian companies to be global majors. That is
precisely why rethinking corporate governance is important. Key Questions:
How will the government and regulator ensure compliance to the proposed
corporate governance norms? What are the compliance costs for
companies?
Will they create a level-playing field for foreign firms doing business in India?
Apart from the revamped norms, where reforms are needed to increase transparency and reduce corruption?
The world’s
economic waters are choppy, to say the least. Some of the most
battle-hardened armadas have floundered in the last few years, what to
speak of emerging economies like India. Battered and beleaguered, our
economy needs critical repairs. That’s reforms by another name.
Experts
agree that nearly every sector needs urgent reforms, but there are some
that simply can’t wait. That is the challenge before this government—to
spread itself thin over the entire economy and wait for the changes to
take effect, or to allocate limited time, money and energy to key zones
and breathe new life into the economic engine. India needs to spend a
trillion dollars on infrastructure over the next five years, also needs a
long-term debt market to fund this, foreign institutional investors
need more confidence in its economic outlook, and its fiscal deficit is
rising.... read more
Key Tracks
Inaugural Session:
Contours of Reforms
Taking Hard Decisions
Energy and Growth
Businesses that Government should Exit
Bringing Optimism Back
Panel Discussions:
Financial Sector Reforms
Creating a Government Securities Market Strengthening Corporate Bonds
Interest Rate Derivatives
Financial Sector Legislative Reforms
Fiscal Reforms
Goods and Services Tax
Direct Tax Code
Getting subsidies under control
Subsidy Delivery Mechanism
Corporate Governance and Governance Reforms
Reducing Cost of Doing Business in India
Role of Regulators, Regulatory Turfs and Government Interventions
Hotel Shangri-La ,19 Ashoka Road, Connaught Place, New Delhi 110 001, India
Sponsors
Skoch Challenger Awards, instituted in 2003, salute people,
projects and institutions that went the extra mile to make India a
better nation. Skoch Challenger Awards – the highest independently
instituted civilian honours – have been conferred, the mighty and the
ordinary have shared this platform for their extraordinary achievements
in contributing to the society.
The Skoch Challenger Awards cover the best of efforts in the area
of digital, financial and social inclusion. They encompass the best of
governance, look at excellence in academics, change management,
inclusive growth, citizen services delivery, capacity building,
empowerment and other such softer issues that get normally lost in the
glamour and the glitz of industry sponsored or advertising focused
jamborees.
The Skoch Challenger Awards are coveted for their independence,
primary research and a distinguished jury based approach. The Skoch
Challenger Awards are distinctive for its approach of selection of
awardees, which is not based on nomination but on discovery.
Additionally, the College of Skoch Lifetime Achievers are regularly
consulted for expert identification, inputs and qualification of a
project, person or institution to be considered for the Award. Some of
the Skoch Lifetime Achievement Awardees include, Dr C Rangarajan,
Chairman, Economic Advisory Council to the Prime Minister; Dr Vijay
Kelkar, Former Chairman, Thirteenth Finance Commission; Mr Sam Pitroda,
Advisor to the Prime Minister on Public Information Infrastructure &
Innovations; Mr C B Bhave, Chairman, SEBI; and, Dr R H Patil, Chairman,
Clearing Corporation of India Limited. Further, documentary videos are
produced after detailed research, for all the Lifetime Achievement
Awardees and most of the projects and institutions. These are then
shared with the domain experts and larger audience groups of
practitioners ahead of the Awards and are put in public domain for
larger dissemination once the Award is conferred. This has resulted in
an unparalled video documentation of contemporary Indian history of best
practices and has contributed to forming one of the largest online
Knowledge Repositories hosted by Skoch.
No industry or government support or endorsement is either
expected, accepted or solicited for the Skoch Challenger Awards and they
remain independently instituted and conferred as a third party
perspective. The Roll of Honour of the Skoch Challenger Awards over the
years is a testimony to this. The Skoch Challenger Awards not only
acknowledge exceptional achievers but also spurs inspirational guidance
and motivational leadership.. more
A
key figure in India's economic reforms from the early 1980s onwards,
Montek Singh Ahluwalia's fingerprints can be found in policies from
economics to education reform, and he has been a driving force in the
liberalisation programme of the past 20 years or more. The
Oxford-educated economist spent 11 years with the World Bank in
Washington before returning to India in 1979 to work as an economic
adviser to the government.
His commitment to poverty alleviation and inclusive growth can be
found in his early writings and as deputy chairman of the Planning
Commission, he has managed to translate this into the country's plan
process. He is also the harbinger of participatory planning wherein for
the first time Planning Commission started inviting suggestions and
feedback for the 12th Five Year Plan.
This festschrift comprises a range of essays covering different
drivers of economic growth and development, providing not only an
insight into policymaking and its impact, but also directions for India
if it is to become a major player in the global economy. This book is a
must-read for students of development economics and political economy
and is highly recommended for graduate students, academics and
professionals interested in economic issues of developing countries.
In
this timely book—a festschrift for Dr. C. Rangarajan—top experts,
policymakers and economists offer their assessments of India’s
performance in the area of economic and financial reforms and analyse
the successes and continued challenges. It provides an insight into
critical macroeconomic and macro-finance issues of today. The book
covers a broad set of topics, including fiscal, monetary and external
sector policies, drivers of banking and financial growth, infrastructure
and financial inclusion.
A strategy of gradual economic liberalisation combined with
risk-averse prudential regulation in the banking and financial sector
helped limit India’s exposure to the recent financial crises and the
subsequent global economic slowdown. The improved economic performance
in recent years encouraged the country to become more globally and
regionally integrated. This process is unlikely to be reversed by the
current global economic slowdown, given the economic and strategic
benefits India has derived so far.
The authors in this festschrift share a critical, but overall
positive, view of the country’s future and outline several areas and
recommendations for bettering the lives of citizens. Empirically rich
and topically diverse, the book is broad in scope and full of deep
analytic insights and will serve as a useful reference and planning tool
for administrators, planners, policymakers and students of development
economics, monetary economics and finance.more
