AMRITSAR:The `digital revolution’ is transforming the Indian economy in a big way and the country is in the league of developed nations when it comes to digitalization of the financial services in the country. This was stated by Prof. Manjit Singh from Punjabi University, Patiala who was delivering his keynote address during ICSSR-sponsored international seminar on “Technological Innovations in Financial and Banking Section- A Roadmap to Society”, at Khalsa College for Women (KCW) here today.
He enlightened the audience about how the economy was progressing from informal to formal and emerging as one of the most attractive financial systems in the world. He also talked about the rising Unicorn financial institutions in the country that are having a global presence. “ These big corporations are serving as an impetus to make India a global fine-tech superpower in the coming days.
Chief Guest at the seminar Khalsa College Governing Council honourary secretary Rajinder Mohan Singh Chhina in his presidential remarks meanwhile said that though the economy is transforming into digital but the work culture that exists in the developed nations is still lacking. He said the economy needs large-scale reforms especially in the banking sector to provide push to small scale industry and common people.
Prof. Hardeep Singh, Dean, Academic Affairs, GNDU in his inaugural address highlighted the importance of inclusion of Data Security and numerous business innovations in the academic curricula both for the students and the faculty. Principal Dr. Suriner Kaur welcomed all the honourable dignitaries and the participants with great fervor. Prof. Balwinder Singh, Dean Faculty of Economics and Business and Dr. Mandeep Kaur HOD UFS, GNDU, also spoke in detail on the subject. Dr. Suman Nayyar, HOD and Convener of the Seminar delivered a vote of thanks to all the dignitaries, participants and organizing committee of the Seminar.