Centres Of Excellence

To focus on new and emerging areas of research and education, Centres of Excellence have been established within the Institute. These ‘virtual' centres draw on resources from its stakeholders, and interact with them to enhance core competencies

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Faculty members at IIMB generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general.

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IIMB Management Review

Journal of Indian Institute of Management Bangalore

IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

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About IIMB

The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education

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Economic Growth cannot be taken for Granted: Need for Urgent Reforms

Vol 25, No 4; Article by Charan Singh; December 2013

In Conversation with Dr. A Virmani, Former Executive Director, International Monetary Fund and Former Chief Economic Advisor, Government of India

The Indian economy has experienced a downturn in recent years. The overall global scenario has been one of the causal factors for this as exports were directly impacted and the current account deficit (CAD) widened. On the domestic front, declining investment and weak aggregate demand have been some of the key factors for this downward trend.

A combination of the slowing domestic economy along with uncertainties in the global economy affected important macro variables in India. By end of 2012 India saw itself in a grim situation with high twin deficits. The CAD to gross domestic product ratio touched an all-time record high of 6.7% in the last quarter of 2012.

To address the situation, policy makers urgently need to focus on some crucial matters which include reduction of CAD and containing fiscal deficit. Also, there is need to revive demand -- and that would need sustained reforms, to bring in an upturn in the investment climate and investor sentiments. Policy reforms in India -- regulatory as well as institutional would need to be considered on priority basis.

Dr A Virmani discusses the issues detailed above with Prof Charan Singh of the Indian Institute of Management Bangalore.