In recent years the process of Economic reforms in India has become fairly well-entrenched even though the distraction of coalition politics has slowed down and diluted the liberalisation process. Despite the global financial crisis of 2008-09 which compelled even the most prosperous nations to bite the dust, India continued to grow.

On the other hand, corruption scandals and crony capitalism have overshadowed the benefits of economic liberalisation. As a result the growth we have so far achieved has not benefitted large segments of our people. Our infrastructure continues to be deplorable and the poor state of our social sector, be it in education, health or housing is hardly befitting a nation that aspires to become a global super power. It has become clear that Good Governance is as much a pre- requisite for inclusive and sustained growth, as are sound Economic Policies.

In the first decade of this century, the Project for Economic Education in association with the Indian Liberal Group (whose place is now taken by Liberalsindia for Good Governance) made public their critiques of governments’ economic policies. These critiques went beyond pointing what was wrong and made recommendations on what needed to be done both in terms of accelerating the rate of growth and widening its inclusivity. These were the “Liberal Budgets” between the years 2004-05 to 2007-08. In 2008 the Drafting Group of the Liberal Budgets decided that rather than produce a fifth one, there was need to pause, ponder, and review the policies and strategies advocated in the four Liberal Budgets, and to examine, in the context of the circumstances prevailing, what if any, changes are required for economic reforms to take the next mile. A Paper was prepared reviewing the Liberal Budgets and published in the Liberal Monthly Freedom First (January 2008).

This Symposium on India – The Next Decade seeks to focus the debate on the Economic Policy and Governance reforms that will ensure more inclusive and sustainable growth.


1800 hrs TEA  
KEYNOTE SESSION 1830 hrs – 1930 hrs
Governance Reforms needed for inclusive & sustainable growth
1830 hrs Welcome address Meera H Sanyal, (Founding Director, LiberalsIndiia for Good Governance, Chairperson & CEO RBS Bank)
1840 hrs Keynote Address Justice B.N.Srikrishna, (Retired Judge of the Supreme Court)
1930 hrs Vote of Thanks Mr S V Raju, (Director, Project for Economic Education )

SESSION 1 - 1000 hrs – 1130 hrs
The Indian Economy: Policy Reforms needed for inclusive & sustainable growth
Chair : Dr. Subir Gokarn, (Economist, Dy Governor Reserve Bank of India)

Core Presentation on Indian Economy : Mr. Sunil Bhandare (Economist. Formerly Economic Advisor, Tata Services Private Ltd. )
Panellists : Dr. Abhay Pethe, (Head of the Dept.of Economics, University of Mumbai)
Dr. Ashima Goel (Economist. Professor at the Indira Gandhi Institute for Development Research)
1130 hrs – 1145 hrs - Coffee Break
SESSION 2 – 1145 hrs – 1300 hrs
The Rural Economy : Reforms needed for inclusive & sustainable growth
Chair : Mr Sharad Joshi (Former Member Rajya Sabha)

Core Presentation on Rural Economy : Prof S. Mahendra Dev (Director, Indira Gandhi Institute for Development Research)
Panellists : Y. Shivaji (Former Member Rajya Sabha )
Dr. Ajit Ranade (Chief Economist, Aditya Birla Group),
1300 hrs – 1400 hrs : Lunch
SESSION 3 – 1400 hrs – 1530 hrs
The Social Agenda: Building blocks needed for inclusive & sustainable growth (Four Parallel Panels)
Panel 3A: Education
Chairperson: Ms.Shukla Bose (EducationistFounder President , Parikrma Foundation (Bangalore)
Panellists : Ashish Punthambekar. (Project Designer, The Indian Primary & Secondary Education Megaproject )
Prof.V.K.Sinha (Educationist. Executive Editor New Quest; Formerly Vice Principal Ramnarain Ruia College)
Panel 3B: Health
Chairperson: Dr.Shyam Ashtekar (MD Community Medicine, Bharat Vaidyaka Sanstha)
Panellists : Dr. Anita Deshmukh Patil (President, PUKAR)
Ashish Deshpande (Psychiatrist TBC),
Panel 3C: Environment
Chairperson : Bittu Sahgal (Environmentalist Editor of Sanctuary Magazine)
Panellists : Debi Goenka, (Conservationist, Director Conservattion Action TrusAT)
Dr.Haripriya Gundimeda (Associate Professor Dept.of Humanities & Social Sciences, IIT Powai)
Panel 3D: Urban Habitats & Affordable Accommodation
Chairperson : Sanjay Ubale (CEO and MD of Tata Reality and Infrastrruture)
Panellists : Sudhir Badami ( Transport Analyst, Member Tech Advisory Committee MMRDA)
Bala Venkatachalam (Low Income Housing Analyst Monitor Group)
Ms.Sulakshana Mahajan (Researcher on Urban Issues,)
1530 hrs – 1545 hrs –Bio Break
PLENARY SESSION 3 - 1545 - 1700 hrs
(Presentation to the Plenary of Discussions of Session 3 by Panel Chairpersons )
Chair & Moderator :V.S.Palekar (formerly Chairman Johnson & Johnson, ex Presedinet BCCI)
1700 hrs – 1715 hrs –Tea Break
Valedictory Address Professor Suresh Tendulkar.
(Former Chairman of the PM’s Economic Advisory Council)
Vote of Thanks Dr.C.S.Deshpande (Executive Director MEDC,)

The Sponsors


A non-party organisation founded in 1985 by Minoo Masani. It is registered as a not-for-profit company under section 25 of the Companies Act. The PROJECT stands for a free economy in a free and liberal society. Its primary objective is to offer critical support to the process of economic liberalisation and to make it both understood by and acceptable to the people. Towards this end, the PROJECT has held a large number of seminars and workshops and sponsored numerous publications on subjects relating to the economy, economic reforms and the importance of a secular and liberal environment based on the Rule of Law.


Liberalsindia for Good Governance’ (LIG) is an organization rooted in Liberal Values. It was founded this year as a successor to the Indian Liberal Group (ILG). LIG will continue to promote the Liberal position on issues of the day in the belief that there is a widespread acceptance of economic policies based on individual initiative and enterprise. At the same time we, as a people lag behind considerably where integrity and good governance are concerned. These will be the focus of Liberalsindia for Good Governance, The process of registering LIG as a not-for-profit company under section 25 of the Companies will soon be completed.