Saturday, April 25, 2009

Symposium held to discuss the challenges of Poverty in India

Chandigarh, April 25: With a noble initiative to develop more sensitivity and to evolve ways in order to solve the problem of Poverty in India, the Dr. I.T. Group of Institutes organised a National Conference and Business Summit’09 on Corporate Sector’s Contribution to Meet the Challenges of Indian Poverty in the benign presence of distinguished Judge, Politicians, academicians and Corporate bigwigs at CII auditorium in Chandigarh, here today. The Symposium was inaugurated by Hon’ble. Justice (Retd.) J.S. Narang, Director General State Judicial Academy, Chandigarh. Prof. S.C. Vaidya, Dean University Instructions was the key note speaker on this occasion. The uniqueness of the program came in fore when the candidates to the Chandigarh Parliamentary seat, Mr. Pawan Kumar Bansal (Congress) and Sh. Satya Pal Jain of (BJP) shared the dais, though in different sessions to air their party’s views on Poverty.

While welcoming the distinguish guests and explaining the objective of the conference, Mrs. Deepti Batra, CEO of the Institute said that the prime focus of the conference is to evaluate the role of Corporate sector’s contribution to the poverty alleviation programmes and its impact on the over all economy of the nation. She said they are also looking at developing an understanding about Indian poverty by providing common platform to policy makers, academia, researchers and industry professionals to exchange dialogue and share their ideas.

Justice Narang in his inaugural address applauded the initiative taken by the institute in highlighting such sensitive issues like Poverty and described it as one of the major concerns of the country. He said that a serious effort is sought especially from the policy makers of this country and also by the corporate sector to get rid of it.

Dr. PP Arya, MD, Dr. I.T. Group of Institutes said that the contribution of the corporate sector’s has been restricted to Corporate Social responsibility (CSR) and it remained more of a propaganda mileage rather than real contribution to the welfare of the poor. He said that corporate Sector should design a policy to contain the poverty and socio-economic inequalities which prevail in our society.

Prof. S.C. Vaidya, Dean University Instructions in his keynote address informed the audience that according to a recent estimate of the World Bank one-third of the global poor now reside in India. He said that a 2007 record by the State Run National Commission for Enterprise in the Unorganized Sector (NCEUS) found that 77% of Indians i.e. 836 million people earn less than Rs. 20 per day with most of them working in informal labour sector with neither job nor social security, living in abject property. India is left as one of the world’s poorest countries asserted Prof Vaidya.

Ms. Deepti Batra, CEO informed that out of the several papers discussed on the occasion the topics which took most of the time were based on Corporate sector’s contribution to meet the challenges of Indian Poverty, Public private sector partnership and removal of poverty, Corporate sector’s ethics and social responsibilities, Government’s contribution to remove the Indian poverty, The governments and corporate sector’s contribution for the employment generation programme, The Capitalist vs. Socialist model for removal of poverty, Poverty: - Before and After Liberalization, Privatization and globalization, Corporate sector :- Removal of Rural poverty and Relevance of Gandhian philosophy for removal of poverty.

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