Prof B R Shenoy Memorial Lecture 2024

– Prof. Pravin Krishna

The Prof. B.R. Shenoy Lecture 2024 was delivered by Prof. Pravin Krishna, the Chung Ju Yung Distinguished Professor of International Economics and Business at Johns Hopkins University, where he is jointly appointed in the School of Advanced International Studies (SAIS) in Washington, DC and the Department of Economics in the Zanvyl Krieger School of Arts and Sciences (KSAS) in Baltimore.

Prof. Krishna delivered a talk emphasizing the importance of structural improvements and productivity. He highlighted that the Union Budget of India has mentioned total factor productivity as a key element that needs to be incorporated across various spheres of activity, including the state sector, private sector, central and state governments, and institutions under their leadership.

This approach should also be applied to public sector business enterprises, voluntary institutions, and the private sector across business, social, and economic spheres, as well as in the political arena. On an individual level, people must understand the factors of production – land, labour, capital, and organization. As Prof. Drucker has noted in his writings, this century will focus on how knowledge is valued.

India must communicate these aspects effectively to its citizens, ensuring that interactions within political, economic, and social spheres evolve and magnify India’s role as one of the largest democratic nations.

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Here is where you can access Prof. Pravin Krishna’s lecture in PDF format.

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