Campus News

Guest talk by Mr. Sanjai K

Mr. Sanjai K, Vice President, Product Management S/4HANA, SAP, was at SDMIMD on November 22, 2018. He interacted with the students of the ERP course and shared his insights on emerging trends in the ERP space. He spoke on ERP on the cloud, Predictive Analytics, IoT and Intelligent ERP.

Microfinance Leads to Social Inclusion – Dr.R.Indira

Dr. R. Indira, President, Indian Sociological Society, speaking on the panel topic “Nexus between Micro Credit and Sustainability: Unravelling the Research Perspectives” in the pre-conference workshop on ‘Micro Finance for Macro Development’ on November 22, 2018 opined that microfinance has contributed to the social sustainability. Dr.Indira attributes women empowerment with education, freedom of action, economic independence, improved standard of living, rising social status and better organisational skills to microfinancing and SHGs.

Mr. William D’ Souza, Vice-Chairman, Sanghamithra Rural Financial Services

Mr. William D’ Souza, Vice-Chairman, Sanghamithra Rural Financial Services narrated the success and the hardships of MYRADA, a leading and the oldest NGO based at Mysore in delivering microfinance. He was addressing the participants of the pre-conference workshop on ‘Micro Finance for Macro Development’ on November 22, 2018. Based on his practical experience on the field, Mr.D’Souza believes that formation of Self Help Groups (SHGs), and delivery of microfinance to SHGs under joint liability group model has a far-reaching impact on financial inclusion of the economically excluded population in the society.   

Dr. Annapurna Neti on Microinsurance

Dr. Annapurna Neti, Faculty, Azim Premji University, Bangalore delivered a lecture on “State of Microinsurance in India” on November 22, 2018 as part of the 4th International Conference on Economic Growth and Sustainable Development. The session covered the current state of microinsurance cover in India, and the challenges in the path of success of this sector. Dr.Neti also took the participants through various microinsurance products, their coverage and their suitability to common man. She emphasised on the need for good predictability of the income and insulate against the risk through insurance accordingly.

Talk on B.C. Model by Mr. V.N. Salimath, Chairman, IDF

Mr. V.N. Salimath, Chairman, Initiatives for Development Foundation (IDF) delivered a session on 'Business Correspondent (BC) Model of Micro Financing & its Sustainability' on November 22, 2018 as part of the 4th International Conference on Economic Growth and Sustainable Development. He also spoke about farmer vulnerabilities and the functioning of Farmer Producer Company (FPC). The session introduced to the participants with the working of BC model of financing and the challenges it faces. Mr.Salimath explained elaborately the effectiveness of this model in the drive towards financial inclusion. One of the major contributions of this model, as spelled out by the speaker is doing away with network of money lenders who are exploitative and connect to organised banking. 

Microfinance Workshop Inauguration by Mr. Udaya Kumar

Mr. Udaya Kumar, MD & CEO, Grameen Financial Services inaugurated the pre-conference workshop on “micro Finance for Macro Development” on November 22,2018 and delivered the keynote talk. He said that “India still has a large population that belongs to the bottom of the pyramid and inclusion does not mean having a bank account, but it has more to do with a wide range of financial services and security such as insurance, health care, education, it is beyond that. Microfinance industry is indispensable for a country like India because it caters to a large set of people who are at the bottom of the pyramid. This industry is aiding the economic growth of the Nation by catering to a humongous population that is unserved or unserved”.