4th National Research Conference

4th National Research Conference

Theme: “Impact of Current Economic Downturn on Financial Sector and Employment Prospects in India”

Venue: AIMA Auditorium, Lodhi Road, New Delhi
Date: April 11, 2009

Registration Time : 8.45 a.m. – 9.15 a.m.
Conference Time : 9.15 a.m. – 6.00 p.m.



Background

The Indian economy has witnessed a healthy growth in last couple of years. However the current global economic downturn has taken a toll on the entire world, India being no exception. Over the last few months, we have witnessed failures of major Financial Institutions in the United States and several European countries. There has also been a co-coordinated efforts by concerned authorities all over the world to contain the impact by infusing liquidity into money markets to reduce interest rates. The governments world over are trying to restore the confidence in their financial systems.

The US supreme mortgage financial crisis spread to rest of financial system in United States, resulting in a significant slowdown in economic growth in the US, Europe and Japan. The crisis which began with the financial sector and spread to the real economy not only in the developed markets but in Asia also.

The efforts are on for bringing significant reforms of the global financial system with Group of Eight (G-8) and major emerging economies like China, India and Brazil coming together.

The spill over effect in India through limited initially started taking a toll on economy with industrial output and export growth dipping significantly. The GDP growth in the current year is expected to be between 6-7%. The Government of India has come out with a couple of economic stimulus packages and is expected to come out with another one in January 2009.

The downturn in the economy has affected the employment opportunities and the compensation packages at various levels in the corporate sector. Companies are responding to the challenges by cutting costs and holding the recruitment especially in sectors which are more linked to the global economy.

The 4th National Research Conference on the theme, “Impact of Current Economic Downturn on Financial Sectors and Employment Prospects in India” aims to bring leading Researches, Academics, Research Scholoars, Corporate Executives, Professionals, B-School Students at a common platform to share their research findings and opinions.

Objectives of the Conferenc

• Develop increased awareness about the current economic scenario and its impact on financial sector and employment prospects with reference to India.
• To confront challenges and evolve opportunities in rapidly changing and growing competition.
• Provide a platform to academicians, professionals and researchers to discuss the future direction of research in the above sectors.
• Expand knowledge on tools & techniques of research methodology.