Indian Economic Association




Katpadi Road, Vellore, Tamil Nadu

Dates: 27 - 29 December 2018

Chief Patron

Dr. G. Viswanathan
VIT University
Vellore, Tamil Nadu (632014)
Email: chancellor@vit.ac.in


G.V. Selvam
Vice President (Vellore Campus)
Tel:91 416 2205555
Email:gvselvam@vit.ac.in, vpvellore@vit.ac.in


Dr. Anand A. Samuel,

Vice Chancellor,
Vellore Institute of Technology,
Vellore - 632 014,
Tel: 0416 2202921

Local Organizing Secretary

Prof. Velmurugan. G
Professor and Head Department of Commerce
VIT University
Mobile 9894278599


"Details of the Conference arrangements (venue, registration, reception, accommodation, boarding, excursion., etc., ) members are advised to contact the Local Organizing Secretary on the above mentioned address. For more details log on to http://indianeconomicassociation1917.com"

  • Theme 1 Slowdown in Growth and Future Prospects for Revival  ( Click to Read More )
    • India has been witnessing GDP growth of around 7 percent for long, nevertheless slow down and sustainability is the recent concern. For India to become a USD ten trillion economy in 2030 from the level of USD 2.26 in 2016, the rate of growth must be at least 7 percent. The possibility of India accelerating its real GDP growth rate above 8 percent sustainably is an interesting question to ponder over. India to become an upper middle income economy, its per capita income should reach the mark of USD 3856. In order to achieve this stage, the bottlenecks that restrain low income economy such as poor public services, failures of market integration, poor health, malnutrition and poor quality of education must be relieved.


      1. Status of major contributors of economic growth:- domestic saving and  consumption, foreign direct investment, private investment and government spending.
      2. Causes of Slowdown:- Domestic Factors - supply side shocks, demand side factors, vicious circle,  new structural reforms; external factors- rising prices of crude oil, slowdown in European Countries, trade war between US and China
      3. Challenges of growth revival
      4. Regional imbalance in growth pattern
  • Theme 2 Accelerating Agriculture growth ( Click to Read More )
    • Although the share of agriculture in the GDP has declined, it is still the source of livelihood for majority of the population. Moreover, performance of agricultural sector will have implications for non-agricultural sector because of its linkages. Farmers face distress due to low agricultural prices rather than low agricultural production. The goals of agricultural development should be to achieve 4 percent growth, equity or sharing growth and sustainability and environment.


      1. Stagnation in agricultural growth
      2. Features of agricultural distress
      3. Growing disparities between agriculture and rest of the sectors of the economy
      4. Impact of Liberalization and Globalization Efforts - Import liberalization on the growth and development of Agriculture
      5. Issues of rural credit-Debt burden from non-institutional sources
      6. Causes and consequences of market failure in agricultural sector
      7. Farm loan waiving –Good politics bad economics
      8. Issues related to capital formation in agriculture sector
      9. Irrigation and management issues: under – utilization of surface water and overexploitation of groundwater
      10. Imprudent use of land, water and fertilizer
      11. Market access and building up of value chains
      12. Domestic farm prices and minimum support prices
      13. Disaster management and crop insurance
      14. Diversified agriculture
      15. Adoption to Climate change
      16. Increasing viability of small and marginal farmers
      17. Reducing social, gender and regional inequalities
      18. Mitigating agricultural distress and doubling of farm income
      19. Growth Models in agriculture in relation to developing economies
  • Theme 3 Employment Challenges and Policies ( Click to Read More )
    • Creating adequate and quality jobs is the biggest challenge in India. In accordance with the changing demography of having the largest percentage of working age        population, India has to create 8 to 10 million jobs annually in the next decade or so.     The annual addition to the working age labour force is estimated to be 5.8 million for the period 2015 to 2030. Quality of labour improves with the structure of employment from low productive to high productive occupations and sectors. But in India large proportion of labour force is engaged in informal work in informal enterprises. The biggest challenge is ensuring conditions of decent work in industries, establishments and enterprises and to reduce gender inequality in employment.

      1. Important employment generating sector and Industries
      2. Demographic dividend for India: Myth or reality
      3. Creation of productive and decent employment
      4. informalisation of employment in organized sector
      5. Gender inequality and employment
      6. Automation and the Challenge of Employment Generation
      7. Employment reforms
      8. Quality of employment in the era of liberalization
      9. MUDRA Yojana and employment creation
      10. Make in India
      11. Employment challenges: creating productive jobs, correcting mismatch between demand and supply of labour, formalization of enterprises and workforce, focusing on MSME,
      12. Issues of social security in informal sector
      13. Skill Development for high quality employment
  • Theme 4 Prospect of Achieving Sustainable Development Goals ( Click to Read More )
    • As part of the Development Agenda titled “ Transforming our World: The 2030 Agenda for Sustainable Development” of the UN General Assembly, 2015, 193 countries including India resolved to “free  the human race from the tyranny of poverty and want to heal and secure our planet. Towards this 17 sustainable development goals (SDGs) were announced. With 18 percent of the world’s population, India’s experience and progress is of critical importance.


      1. Millennium development Goals and Sustainable Development Goals
      2. Ending Poverty, Hunger and Malnutrition
      3. Poverty, inequality and sustainable development
      4. Inclusive education
      5. Achieving Health for all by all Ages
      6. Gender equality
      7. Sustainable Agriculture
      8. Clean and Affordable Energy- Climate Change
      9. Sustainable Urban Development
      10. Population explosion and sustainable development
      11. Economics of Natural Disasters
      12. Sustainable Management of Water and Sanitation
      13. Sustainable Production and Consumption
      14. Inclusive and Sustainable Industrialisaion and Foster Innovation
  • Theme 5 Skill Development and Employment ( Click to Read More )
    • India will be world’s youngest country by 2020 with an average age of Indian as 29 years. This demographic dividend comes at a time when world is ageing.  In order to make use of the advantage, there is an indispensable need to improve the employability of the workforce and to have structural change from agriculture to non-agriculture and unorganized to organized. As of now Government initiatives yielded slow progress, more innovative methods are needed to improve skills faster and to address the mismatch    between demands for industry and sectors and supply of employment.


      1. Impact of Global Slowdown on Employment
      2. Problems of quality in employment in organized sector
      3. Education and skill development
      4. Model Skill Centres and Formal Skilling
      5. Prime Minister’s National Council for Skill Development
      6. National skill Development Coordination Board
      7. National Skill Development Corporation
      8. National Policy on Skill Development
      9. Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
  • Theme 6 Challenges of Banking System ( Click to Read More )
    • Nationalization of Banks in 1969 played an important developmental role in the last 50 years including financial inclusion. In recent years public sector banks have been suffering from high NPA and twin balance sheet problem. To resolve the crisis, Government has announced bank recapitalization programmes and Insolvency and Bankruptcy Code.


      1. Credit Growth: household sector;micro , small and medium enterprises and large enterprises
      2. Public Sector banks and financial sector vulnerabilities
      3. Financial literacy, financial Inclusion and consumer protection
      4. Changing consumer dynamics and digitalization in banking sector
      5. Regulatory lapses and organizational shortcomings in banking sector
      6. Rising Non-performing Assets of Scheduled commercial Banks
      7. Twin balance sheet problem of banking crisis
      8. Bad loans, cyber threats and Bank frauds
      9. Bank recapitalization
      10. Insolvency bankruptcy code
      11. Financial sector reforms – need for integrated approach between different sectors
      12. Rationale for privatization of banks

The special session of the 101st Annual Conference will deal with the economy of Tamil Nadu. Papers on the same would be invited by and are to be sent directly to the convener of this session:


Prof. Dr Vedagiri Shanmugasundaram
Former President, Indian Economic Association.
No. G. 104, 09th Street, Anna Nagar East,
Chennai, Tamil Nadu – 600 102.
Phone: 044-26632801; 26267167
E-Mail: vss108@gmail.com



Papers must reach latest by 31st August 2018. Papers received after the last date will not be considered for publication in the Special issue of the Journal. Members can however be allowed to present their papers received after the due date only with the permission of the Chair.

The paper should be in about 3000 words typed in Times New Roman font 12 in 1.5 space, with an abstract of 500 words. Papers without abstracts will not be considered for publication. Along with a hard copy, the CD containing the paper must be sent. Articles should be typed in MS-WORD only.

Research Papers on other formats, like pdf will not be considered. Papers without the Abstract will also not be considered. Kindly also mention your date of birth in your forwarding letter for consideration of awards for your paper.

Hard copy of the paper along with a CD should be sent to the General Secretary and Treasurer Dr. Anil Kumar Thakur, latest by 31st August 2018 and also a soft copy by email to Dr S. Narayanan, Coordinator (South) and Special Invitee, Executive Committee, IEA on their addresses given below.



Coordinator (South) & Special Invitee, EC, IEA
Department of Economics,
D.G. Vaishnav College,
Chennai – 600 106. Tamil Nadu
Phone: 988-45-13004
E-Mail: narayanan.econ@gmail.com


General Secretary and Treasurer, IEA
Secretariat Colony, Road No. 3,
House No. B/ 6, Kankarbagh,
Patna – 80 020. Bihar.
Phone: 094310-17096.
E-mail: anilkumarthakur.iea@gmail.com


The list of papers received would be displayed on IEA’s website www.indianeconomicassociation1917.com by 10th October 2018. The senders of papers are requested to see this list to confirm the receipt of their papers by the IEA Office to safeguard against lost/ delays in postal transfers. Those whose names do not figure in the list are requested to send emails of their paper along with a scanned copy of proof of having sent it earlier to Dr Anil Kumar Thakur at the given email addresses, latest by 15th October 2018 for the same to be considered for onward action


  1. The papers of only those authors will be considered who members of the Indian Economic Association are. Those who are not the members of the IEA, but wish to submit their papers, will have to first become members by filling the requisite form and fees, the details of which are available on the IEA website: www.indianeconomicassociation1917.com.
  2. The co-authors too need to be the members of the IEA. Co-authors, who are not the members of the IEA will automatically, have their names deleted from the paper author(s) unless they too become the members.
  3. Contributors of research papers are required to mention their E.Mail ID, Phone / Mobile Number and address with PIN code along with their names and age in their covering letter. These are essential for co-authors also. This information is mandatory. It will help the editorial board to communicate to the contributors in an efficient manner.  
  4. The paper contributors, including co-authors, need to also mention in their forwarding letters their Permanent Membership Number. The latest IEA’s Membership Profile 2017 is also available at IEAs Website indianeconomicassociation1917.com for your ready reference. New applicants must mention “membership applied for” (along with the category of membership—annual or life) in the forwarding letter. Papers without membership numbers of authors and co-authors will not be considered
  5. By sending your paper, if accepted for publication in full, you are implicitly undertaking to come and present the Paper during the Annual Conference. The failure to abide by the same will amount to your future Paper contributions to the IEA being liable to be rejected for any further action.