National conference on Cashless Economy organised at Alld Univ
Allahabad: A two days National Conference has been organised on “Cashless Economy and Financial Inclusion in India: Issues and Challenges” at the department of economics, University of Allahabad here on Friday.
Delivering the welcome address, "Prof GC Tripathi, Head department of Economics, AU, highlighted that the idea of cashless economy will be a success only when it becomes inclusive. He pointed out that the conference will give us the opportunity to revisit our courses and programmes and thereby efficiency and employability of our students."
He also focused on the barter system and invention of money and rejuvenates the mood of deliberation, presentation and discussion in the seminar.
Dr. Karimullah introduced the audience with themes and impact of cashless economy with basic objective to find out the challenges and how these challenges can be converted into opportunities. He comprehensively put the proceedings of the seminar in a nutshell.
Prof, RP Tiwari, VC, Dr. Hari Singh Gaur Vishwavidyalaya, Sagar, honourable chief guest gave the inaugural address. He discussed various problems arising in the banking sector such as tax evasion, loan defaulting and zero account system. He also highlighted enhancement in the banking infrastructure.
Monomoy Mukherjee, general manager, NABARD, gave the keynote address focusing inclusive banking as a main concern of the government of India. He focused demand and supply side problems of financial inclusion and also on goalpost, action plan and strategic pillars that are prerequisites for a cashless economy. Col. Hitesh Lav, registrar, AU, graced the occasion and expressed gratitude on behalf of university to all the dignitaries and guests for attending the conference.
A book entitled “Problems and Prospects of Business Process Outsourcing in India since 1990” authored by Dr. Pradeep Kumar Singh, assistant professor, department of economics, AU was also released by prof. U.S. Rai. Dr. Pradeep Kumar Singh concluded the session with the vote of thanks. Dr. Deepshikha Sonker Coordinator of the conference was presented on the Dias.
Following the inaugural session, a panel discussion on ‘constraints of cashless economy in India: The path ahead’ was held. The panel was chaired by Prof. Alka Agarwal, Former Dean, Faculty of Commerce, AU.
Following were the discussants in the panel discussion:-
J. S. Upadhyay, (DGM) NABARD, Lucknow,
Prof. M.M. Krishna, AU,
Prof. R.P. Mamgain, GIDS, Lucknow,
Prof. Yashvir Tyagi, LU
Prof. B. Mazumdar, GBPSSI, Jhushi, Allahabad
Four technical sessions, covering various sub-themes of the conference were also conducted where more than 45 scholars presented their papers.