Indian economy not yet `globalisation' savvy

allahabad: welcoming participants to the fourth refresher course in economics, prof p n mehrotra, head, department of economics referred to the multi-faceted effect of the process of the globalisation in india. he also pointed out that whereas in case of `asian tiger' and the `asian cubs' economic reforms were a conscious decision, in case of india.there was an element of compulsion. therefore, indian economy and society is facing problems of adjustments in social, political and cultural fields. about 50 participants from universities and colleges in uttar pradesh and some from bihar, m p are attending the course. in his inaugural speech, the vice-chancellor g k mehta congratulated the department of economics and the academic staff college of the university on focussing the attention of the participants of the refresher course on the extremely important and topical issue of "globalisation and its impact on indian economy and society." prof mehta emphasised that the challenges posed by the ongoing globalisation process should be looked as potent opportunities. the vice-chancellor forcefully argued that indians have the requisite capabilities to imerge as `world leader' in many new areas of frontier technologies but he hasten to add that our pre-occupation in the domain of `information technology' is allowing us to neglect these important. the vice-chancellor cautioned that for the fullest realization and manifestation of the potentials of the indians, there is need to create the right environment, adequate and able organisation and competitive work culture. he called upon the scholars not only make indian the number one in the world but also to ensure that it stays there in his concluding observation he said that economics reforms above as will improve the life of over a bil lion indians unless a multi-pronged endeavour is launched in this direction. first day of the inauguration dr v p tripathi, director, dean dayal gram sansthan, agra delivered a lecture on "globalisation and its impact on agriculture."