The Institute of Social and Cultural Studies(ISCS) in collaboration with The Maulana Abul Kalam Azad Institute of Asian Studies (MAKAIAS) organized a Talk on “How Important is Indonesia in India’s economic development in the coming decade” By Dr.Satish Chandra Mishra eminent economist and entrepreneur from Indonesia who had been, Managing Director of Strategic Asia & Director of Strategic Asia Global. The event was organized at The Indian Council for Cultural Relations, ICCR, Ministry of External Affairs, GOI.
The event initiated with a Welcome Address by Shri Arindam Mukherjee Director,ISCS India, followed to which the Distinguished Chairperson of the event Shri Ambarish Dasgupta- Senior Partner, Intueri Consulting LLP initiated his deliberation by mentioning the significance of understanding the geo- political risk that would emerge in 2024. He said beside the research scholars, the corporate sector is playing an important role in the analysis of the geo political risk. Initiating his discussion on Indonesia the speaker spoke about the cultural linkage between both New Delhi and Jakarta by mentioning the poem Sagarika and the letters of Bali Yatra written by Rabindranath Tagore while he was in Indonesia.
His deliberation was followed by the presentation of Dr. Satish Chandra Mishra who started his discourse by mentioning the cultural similarity between both India and Indonesia. He commented that India was central to the cultural imagination of Indonesia. He thereafter presented the systematic transition of Indonesia after 1999. He mentioned how decentralization of power, reform in the military had transformed Indonesia into a stable democracy. He thereafter discussed the economic success story of Indonesia. He said that Indonesia achieved highest economic growth rate despite facing challenges like economic crisis in mid nineties, 2008 and the devastating Tsunami. He spoke about the Bank restructuring programme of Indonesia, Universal national health insurance scheme of the country and how constitutional provision was made to spend 20 percent of the country’s budget in the education sector of the country.
In the last part of his deliberation he spoke on the sectors where both India and Indonesia could cooperate with each other and mentioned about sectors like maritime security, defense and infrastructure which included health, education, information technology related infrastructure along with traditional infrastructure.
The seminar ended with the thanks giving speech of Dr. Sarup Prasad Ghose who offered his sincere regards to the chair of the seminar Shri Ambarish Dasgupta and the speaker Dr. Satish Chandra Mishra. He also thanked the director of Institute of Social and cultural studies, Arindam Mukherjee for organizing such meaningful dialogue and also the participants who attended and raised important questions and suggestion over this topic
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