When India got freedom in the year 1947, Indian economic policy was influenced to large extent by colonial experience. Economic policies tended towards protectionism, with a strong emphasis on import substitution, industrialization under state monitoring, and state intervention at the micro-level in all businesses especially in labor and financial markets, public sector, business regulation, and central planning. Due to this, India's growth rate was low. In the year 1991, under the leadership of P V Narasimha Rao, liberalization, privatization, and globalization took place, which meant companies from other countries were allowed to start their businesses in India.
Harvard Business School’s report states that India will achieve highest GDP of 8-9% consistently for next five years compared to any developing or developed countries. The mushrooming of startups indicate the future of the country. Indian companies are going global, and top management of many Fortune 500 companies are Indians. For the foreseeable future, Indians are going to teach contemporary business to the world. The future of world’s business is India.
This student research cell aims to provide a platform for deliberation on exactly such issues and discuss on emerging trends in commerce and management.
Call for Papers:
Paper Organization: The paper should have the following details:
Abstract to be submitted at [email protected]
For any queries relating to the conference call:
Rahul Ranjan Singh
BCom Honors 4th Semester
BMS-FS 4th Semester