Indian can make quality Swadeshi products to meet the competition from foreign products, said Sekar Viswanathan, vice-president, VIT University.
He was inaugurating a panel discussion on ‘Slipping value of rupee’ organised by VIT Business School (VIT-BS) on the VIT campus here recently.
Panelists N. Ramaswamy of IIT-Mumbai, Venkatesh Vardachari, CEO, Money-Wizards and Galib Hussain, Emeritus Professor-UGC, provided their insights on the theme, ‘mobilising youth power to shoulder the responsibility to protect the Indian economy and sustain the rupee value.’ They explained the internal and external causes for falling rupee value and suggested measures to increase exports, and reduce imports, consumption of fuel and usage of gold. Saroj Kumar Datta, Dean, and G. Karunanithi, Associate Dean of VIT-BS, spoke.
The programme concluded with a rally organised by VIT-BS in collaboration with the Youth Red Cross of VIT. G. Viswanathan, VIT Chancellor, flagged off the rally, which was aimed at creating awareness of the depreciation of rupee value and the need to promote peace. Sankar Viswanathan, vice-president, and Kadambari S. Viswanathan, assistant vice-president of VIT, spoke.
A large number of students and faculty members participated in the panel discussion.