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The 8th National convention
Organised by the Department of Commerce was held
at Hyatt Regency on 18th & 19th December 2003.
The inauguration of the convention
started with the lighting of the lamp by the Hon'ble Union Minister,
Mr. Arun Jaitley, the Vice-Chancellor, Delhi University,
Prof. Deepak Nayyar; Prof. Sri Ram Khanna,
Head, Department of commerce; Dr. A.K. Seth, Programme
Coordinator MIB-MHROD and Ms.
Neelam Sharma, the placement advisor, invoking the
blessings of Saraswati.
In the welcome address, Prof. Sri
Ram Khanna gave the background of the MIB and MHROD
programmes.
Professor Deepak Nayyar, the Vice-Chancellor,
Delhi University, emphasized that the theme needs to be
set in a wider context. The word globalisation is used
in the positive sense of removing boundaries and in
the normative sense of integrating the world for betterment.
Prof. Nayyar enumerated various perspectives
on the basis of which globalisaiton can be looked. Prof.
Nayyar stressed that globalisation involves opening
of the economies for trade, investments and finance.
It implies openness, interdependence
and integration in respect of goods and services. Within the
north, it
is greater. It is less in south and there is dependence
between north and south. It also implies a shift of
capital and technology, and in a restricted way, the
entry of people. It also involves integration of markets,
and integration of production, both horizontally and
vertically.
Mr. Arun Jaitley, the hon'ble minister
started his inaugural address by indicating that a significant
change is
taking place globally.
Dr. A.K. Seth thanked the hon'ble
Union Minister for Commerce Mr. Arun Jaitley and Prof. Deepak
Nayyar, the Vice-Chancellor, Delhi University, for sharing
their valuable time form their otherwise busy
schedule to inaugurate the convention and providing direction
for further discussion on issues outlined for
the convention.
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