ASK RBI: India’s Economic Performance – The Present & The Future

Keeping with IIM Lucknow’s continuous endeavour to provide students with exposure to a variety of  exciting opportunities and leadership roles, an interactive guest lecture was organized by the Industry Interaction Cell, as a part of Prodigies – The Leadership Talk Series.
Mr. Deepak Mohanty - Executive Director RBI
The students were introduced to the framework and nuances of India’s monetary policy by Mr. Deepak Mohanty, Executive Director, Reserve Bank of India. Following an address by Dr. Amrendra Sahoo, Regional Director, RBI Lucknow, who discussed India’s challenges and listed possible paths for the county to tread in the future, the keynote speaker, Mr. Mohanty, who has served as a special advisor to the IMF prior to his current position and holds post graduate degrees from JNU and Yale University, discussed the importance of monetary policies and their implementation by Central Banks. He then described the RBI’s framework before extensively explaining how the RBI conducts its operations. The main lecture concluded with a discussion on the challenges faced by the RBI in the present scenario.

The event, aptly titled “Ask RBI”,was a highly innovative concept wherein questions were invited from the audience via social media before the event. Most of Mr. Mohanty’s lecture was based around the queries of the students and those not addressed within the body of the talk were dealt with in detail in the ensuing Q&A session.

The experience was enriching for all in attendance and the rich flow of thoughts brought  new ideas to surface. It was surely an enlightening talk for all and the attending students had much to take back home from this session.