2016

National Library Week Celebration

The SDMites celebrated National Library Week 2016 in a Government School where they have taken-up the responsibility of giving ‘School Library’ to the young minds. The essay and drawing competition on theme ‘My School Library’ was organized for the high school children of Adarsha Vidyalaya, Jockey Quarters, Mysore.
 
SDMites initiative LIFE@ School (Library Initiative for Education at School) which involves setting up and establishing a Library for the students of Adarsha Vidyalaya. They have planned to operationalize the active library during December 2016. To understand the expectations from the children this activity was conducted as a part of National Library Week celebration. The exhibition of most circulated Management Classics, AV materials and Harvard Collections at SDMIMD Library was part of the celebration during November 16 to 20, 2016 at SDMIMD

Invited talk on 'Indian Financial Sector'

Mr. G. Giridhar Prabhu, Director, Achal Indutries Pvt. Ltd. and Chairman of Economics Research Centre, Mangalore; delivered an invited talk on Indian Financial Sector. The talk focused on highlighting various issues pertaining to the Indian Financial Sector, at the institute on November 19, 2016.
 
Mr. Giridhar analysed the implications of GST on export sector and opined that impact of GST on the export industries will be positive. The talk concluded with a discussion with the SDMites on certain strategies to make India and Indian Bankers the best amongst the world.

SDMites Visit to Toyota Kirloskar Plant

Students of "Lean and Green Management" course had an opportunity to witness Lean and Green Management in action at Toyota Kirloskar Auto Parts Pvt. Ltd. (TKAP), Bidadi on the outskirts of Bangalore on November 19, 2016. 
 
TKAP was established in 2002 and manufactures Axles & Shafts, Transmissions and Engines for Toyota vehicles.  These power train subsystems are supplied to Toyota companies in India and globally. Read More>

Workshop on Social Responsibility and Sustainability

A one-day workshop on the theme of “Social Responsibility and Sustainability” was organised on November 17, 2016 preceding  the 2nd International Economics conference at the Institute. The event was inaugurated by Dr. Kaliappa Kalirajan, Professor of Economics of Australian National University, and he followed up by delivering a session on the topic of the workshop.  Dr. Kalirajan presented a case study of Uttarakhand state in India relating to “Self Help Group – Social Responsibility Nexus”. Read More>

Workshop on Social Responsibility and Sustainability

A one-day workshop on the theme of “Social Responsibility and Sustainability” was organised on November 17, 2016 preceding  the 2nd International Economics conference at the Institute. The event was inaugurated by Dr. Kaliappa Kalirajan, Professor of Economics of Australian National University, and he followed up by delivering a session on the topic of the workshop.  Dr. Kalirajan presented a case study of Uttarakhand state in India relating to “Self Help Group – Social Responsibility Nexus”.  
 
This was followed by a session from Dr. Stephen Aro- Gordon, Professor of Finance in Baze University, Nigeria who focused on the Sustainable Ranking Principles in Nigeria which include 4Ws and 1H of the sustainable banking in Nigeria. He stressed that the need for social responsibility is gaining significance in the context of uncharacteristic situation of rapid growth and high unemployment in Nigeria. 
 
In the post lunch session, Shri. Abhishek Ranjan, Global Head–CSR and Sustainability of Brillio Technology Ltd., in his talk emphasised  the need for responsible corporate practices towards society to sustain the growth. 
 
A Panel Discussion on the topic of “Mainstreaming Social Responsibility and Sustainability in Organisations” followed. The panel consisted of Dr. M. Indira, Professor of Economics, University of Mysore,     Dr. N.R. Parasuraman, Director & Professor-Finance, SDMIMD, Mysore, Shri. Sukumar Rangachari, Director, PointCross.com Pvt Ltd and MD, Ace Components & Electronics Pvt Ltd and Dr. Stephen ARO-GORDON, Professor – Finance, Baze University, Nigeria. The discussion was moderated by Dr. M.R. Suresh, Professor of Marketing, SDMIMD, Mysore. The panel did discuss different perspectives connecting to the theme of discussion including financial, social, economic, institutional,  and organisational, research . 
 
The workshop was attended by about 60 participants from different countries. The participants were mainly academics, research scholars and corporate executives.  
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‘Best Paper Award’ to Dr. B. Venkatraja

The paper ‘Impact of central explicit subsidies on fiscal deficit in India: an empirical study’ by Dr. B. Venkatraja, Professor – Economics, SDMIMD, has won the Best Paper Award at 5th International conference on Global Business, Economics, Finance and Social Sciences on the them ‘Global Business, Economics & Sustainability’ held during April 1 to 3, 2016 at Chennai. 

Course on “Productive Efficiency” by Prof. Kalirajan

Dr. Kaliappa Kalirajan, Professor of Economics of Australian National University, offered seminar course on ‘Productive Efficiency’ to PGDM 2016-18 Batch during November 15 & 16, 2016 at SDMIMD.
 
The central theme of the course was on conveying the importance of productivity with respect to country’s growth emphasising on both empirical and practical applications.The course had focused discussion on the contribution of different factors of production to earn optimal outputs; 
the best practices for optimal productivity; models to measure productivity, which was demonstrated and explained by taking the example agricultural production as the output and labour, fertilizers, land are the contributing input factors that was taken in order to explain the model. Further, ordinary least squares and general least squares method was explained using multiple linear regression model; stochastic model was highlighted to explain the example of agriculture and the limitations of the model as well was explained. 
 
The day-two of the course introduced the young managers on the sources and factors that influences country’s growth was explained by taking India and Vietnam as the example. Decomposition function during different time periods (say T1 & T2) was used in the process of analysing the reasons for growth. The difference between the actuals, estimates (of outputs & inputs) was calculated to measure the differences in the total factor productivity growth rate.