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| Fr Valerian D'Souza welcomes Fr Joseph Lobo to the SJEC Family |
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| Dr Joseph Gonsalves, Principal SJEC welcomes the new designate director |
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| Dr Thirumaleshwar Bhat welcomes Fr Joseph on behalf of the teaching faculty |
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| Fr Joseph Addresses the gathering |
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| The staff of SJEC along with the friends and relatives of Fr Joseph |
The farewell program for the 2nd year MBA student was organised by the First year students on 3rd, June 2010 at the SJEC Auditorium. There was a formal program in which Rev. Valerian D'Souza (Director SJEC), Dr Joseph Gonsalves (Principal SJEC), and Prof. Eric Patrao (Dean - Planning & Development) wished well to the outgoing students.
Dr M.P. Subramanian, Former Dean, Faculty of Commerce, Mangalore University in his Valedictory Address stressed that the underlying causes of economic crisis were the non creation of new wealth, abundance of money in the economy and the mere exchange of money in the economy without the backing of a valued product or service. He illustrated the concept with a practical demonstration well understood and appreciated by all.
Pic: Dr M.P. Subramanian, Former Dean, Faculy of Commerce, Mangalore University, in his Valedictory Address
Dr Jacinta D’Souza, Principal, School of Social Work, Roshni Nilaya, in her Chief Guest’s Address enunciated that revival should not only occur in the economy but also in the lives of human beings. She stated that youth should have the inner strength and resilience to face what life has to offer specially the aftermaths of recession. She commented on the effectiveness of the projects undertaken by the Government for the welfare of the poor. She added that individuals should be empowered to sustain their livelihood, be assertive of their rights, boost their self esteem and build a society of solidarity.
Pic: Dr Jacinta D'Souza, Principal, School of Social Work, Roshni Nilaya, Jeppu, in her Chief Guest's Address
Dr Joseph Gonsalvis, Principal, St Joseph Engineering College, in his Guests of Honour Address, said that the conference evoked interest towards various issues of economic revival and reinforced the addresses of the Chief Guest and President of the Valedictory Session that the gap between the rich and the poor should be diminished to build a humane society.
Pic: Dr Joseph Gonsalvis, Principal, SJEC, in his Guest's of Honour Address
Rev. Fr Valerian D’Souza, Director, St Joseph Engineering College, in his Guests of Honour Address affirmed that the conference was an eye-opener towards the individual and corporate social responsibilities to contribute to the personal and economic growth.
Pic: V. Rev. Victor Machado, Rector, St Joseph's Interdiocesan Seminary, Jeppu, in his Prediential Address
The delegate, Dr Mohammed Shah Alam, Professor of Business Administration, American International University, Bangladesh, congratulated the Faculty of MBA for organsing the conference and said that the insights emanated from the discussions would lead to revival.
Pic: Dr Mohammed Shah Alam, Professor, American International University, Bangladesh
Pic: Prof. K.Sadashiva Rao, HOD of Commerce and Management, Poorna Prajna College, Udupi
The SJEC MBA team choir invoked God’s blessings and graces.
Pic: Dr Anjali Ganesh, Associate Professor
Pic: Dr Prakash Pinto, Dean - MBA
Ms Smita Jesudasan, Senior Lecturer was the M.C. for the Valedictory Session.
Report by Ms Smita Jesudasan, Senior Lecturer.
Dr Gopal K Kadekodi: ‘The Power of Savings’ at the Inauguration of National Conference on “Economic Revival: Business Perspectives and Opportunities”
Mangalore, April 29: The National Conference on ‘Economic Revival: Business Perspectives and Opportunities’ organized by the Department of Business Administration, St Joseph Engineering college was inaugurated on 29 April, 2010 at 9.30 am in the Conference Hall, Mechanical Engg. Block, SJEC.
Pic: Lighting of the Lamp
Dr Gopal K Kadekodi, Former Director, Institute for Social and Economic Change, Bangalore in his Keynote Address highlighted the ‘the power of savings’ and commented on the underlying causes of the financial and economic crisis. He coined the term ‘Globalization of Domestic Crisis’ for the economic crisis scenario faced by the world since 2008. He cited the examples of decline in the growth of output in the Western world, indicators of bank performances and the financial pressure coming from external debts in USA in comparison to India and China to clearly state that the crisis is only in the western world. He remarked that Indian economic growth has been financed predominantly by domestic savings unlike the USA who relied on the main driver of consumerism for recovery since World War II. The GDP growth rate continues to be around 7% as against 2.4% in USA and negative in 2008 and 2009. He recommended several measures and policy actions that can boost savings such as correction of the disparity pattern of savings, creation of secondary value added employment, reversing the out migration trend, providing urban facilities to rural areas, formation of cluster model of production, processing and marketing and creating open access kiosks for knowledge production and access and effective right to information. He concluded the address by quoting the statement of ‘Paul Krugman’, the Nobel Prize Laureate in Economics, 2008, “…First they have to have up to the inconvenient reality that financial markets fall far short of perfection…Keynesian Economics remains the best framework we have for making sense of recessions and depressions…Third, they’ll have to do their best to incorporate the realities of finance into macroeconomics”.
Dr N.K. Thingalaya, Former Chairman, Syndicate Bank and Chairman, Academic Council, Justice K.S. Hegde Institute of Management, Nitte, and the Chief Guest of Inaugural Session in his address drew attention to the stability and growth of the Indian economy, banking and corporate sector. He narrated the statistics of various banks that have surpassed the profit margin of Rs 1000 crores. He compared the Central Banks measures of varying countries underlining the fact that RBI‘s provision for First Class Standard Assets is 0.04%. He added that fortunately the Public Sector Banks of India were not denationalized. He quoted the success rate of Regional Rural Banks and Grameen Banks, the delivery of credit mechanism in India who have implemented the system of ‘facility to save’ in addition to income and capacity to save. He concluded his address by the statement, “Future is bright, and that the Indian corporate giants are creating a landmark in the world by competing with the world’s best brands.”
Pic:Dr N.K. Thingalaya, Former Chairman, Syndicate Bank and Chairman, Academic Council, Justice K.S. Hegde Institute of Management, Nitte, and the Chief Guest of Inaugural Session in his address
Dr Joseph Gonsalvis, Principal, SJEC in his Guest of Honour Address stated that the conference would throw light in the understanding of the intricacies of the market behaviour, impact of economic recession and wished the delegates a fruitful deliberation in the two day national conference.
Pic: Dr Joseph Gonsalvis, Principal, SJEC in his Guest of Honour Address
Rev. Fr Valerian D’Souza, Director, SJEC in his Guest of Honour Address pronounced that it is a happy day for the MBA Josephite’s to organize the National Conference and that India is a shining star leading towards progressive growth. He hoped that the conference would benefit the august gathering and the deliberations would contribute to the growth of the nation.
Pic: Rev. Fr Valerian D’Souza, Director, SJEC in his Guest of Honour Address
Rev. Msgr. Denis Prabhu, Vicar General, Diocese of Mangalore in his Presidential Remarks reaffirmed the power of savings and asserted that it is the poorest of poor, viz., the craftsmen, farmers…insignificant people who saves and sustains the Indian Economy. He said, “Depression touches the White house and also the ordinary man’s kitchen” and recommended “Learn, Improve and be aware” to be in tempo with the changes in the economy, industry and market. He congratulated the team of MBA at SJEC to have shouldered the responsibility of organizing the conference.
Pic:Rev. Msgr Denis Prabhu, Vicar General, Diocese of Mangalore in his Presidential Remarks
Dr Prakash Pinto, Dean – MBA welcomed the august gathering.
Rev. Msgr. Denis Prabhu, released the Proceedings of the National Conference.
Dr Anjali Ganesh, Associate Professor gave a preview of the National Conference and proposed the Vote of Thanks.
Ms Lorraine Joan Rosario, Lecturer - MBA Faculty compeered the Inaugural Session. One hundred delegates from various B-Schools and Colleges are attending the National Conference.
Report by Ms Smita Jesudasan, Senior Lecturer
