Aligarh: The Department of Economics of Aligarh Muslim University organized an academic extension conference on the subject; “The Political Economy of Indian Inequality”, which was presented by an internationally renowned economist, Dr Rathin Roy (Managing Director, Overseas Development Institute UK).
In his lecture, Dr. Roy focused on multiple aspects of inequality like consumption, income inequality, etc. He felt that inequality exists even in the world of celluloid in India. He felt that due to the diverse dimensions associated with inequality in India, the aspect of inequality should be studied from the perspective of political economy and he emphasized the role of political economy in the solving the problem of inequality in India.
He also indicated that this gap will be minimized by changing the wealthy asymmetrical income model in India and suggested; To reduce inequality, government policies should focus on getting basic necessities to the poor on their doorstep.
Professor Md Abdus Salam, Chairman of the Department of Economics, in his welcome address, said it is an honor to have Dr Roy, who is a man of many honours; former director and CEO of the National Institute of Public Finance and Policy, who also worked as an economic diplomat and policy adviser at UNDP. He served as an Economic Advisor to the Thirteenth Finance Commission of New Delhi at the rank of Joint Secretary to the Government of India.
The vote of thanks was delivered by Prof. Shehroz Alam Rizvi and the program was led by Dr. Shirin Rais.