IIM Bodh Gaya Appoints Prof. Vinita Singh Sahay as the Director
IIM Bodh Gaya

Date: February 22, 2023

Prof. Vinita Singh Sahay has been appointed as the Director by the Board of Governors of the Indian Institute of Management Bodh Gaya for a second term. Prof. Sahay took charge as the founder Director of IIM Bodh Gaya in February 2018.

Speaking on occasion, Prof. Sahay said, "I truly appreciate the Board's enduring confidence and trust in me. My sincere gratitude to the Ministry of Education, Govt. of India, and the Government of Bihar for their invaluable support to me and the Institute since its inception. I am thankful to our astute Board, comprising members of eminence, for being a constant source of encouragement, inspiration, and strength. This support has led the Institute to carve out a distinct place for itself, with several firsts to its credit. The vision of the Institute for the next phase would be to make meaningful social impact through management education by focusing on core values founded on Indian ethos and global outlook. In a capitalistic world, an often-undervalued capital is a human one – the human capital that India is richly bestowed with. It is a privilege to be provided another opportunity to groom and nurture the best minds of the country into future leaders characterised by their mindful social relevance.”

Prof. Sahay is an educator, researcher and academic administrator, is the second woman in the country appointed by the Government of India to head an IIM. She has 26 years of rich and varied experience in academics, research, training and consulting both in India and abroad.

IIM Bodh Gaya successfully organised its flagship event Model United Nations (MUN)

IIM Bodh Gaya

Date: February 08, 2023

The International Relations Committee (IRC) of IIM Bodh Gaya recently concluded its highly anticipated Model United Nations (MUN) event, which was held online from 4th to 5th February 2023. The event brought together students from across the country and international partner institutes, providing an opportunity for them to engage in meaningful discussions and negotiations on pressing global issues.

The event had two committees, the Economic and Financial Committee (ECOFIN) and the Disarmament & International Security Committee (DISEC), that discussed crucial topics such as "Tackling the potential economic crisis in 2023" and "Resolving rising global tensions in the wake of the Ukraine-Russia war." The committees were presided over by experienced MUN delegates and prominent figures in the MUN circuit.

ECOFIN is one of the six key committees of the General Assembly and is responsible for developing policies and regulations for the world's economy, finance, and growth. DISEC, on the other hand, deals with disarmament, global challenges, and threats to peace, working closely with the United Nations Disarmament Commission and the Geneva-based Conference on Disarmament.

The event saw active participation from delegates from esteemed institutes such as IIM Raipur, IIM Shillong, KIIT University, NMIMS, and Symbiosis. The winners were awarded, and all participants received certificates of participation.

In conclusion, the MUN event organized by the International Relations Committee (IRC) of IIM Bodh Gaya was a huge success and served as a platform for young individuals to develop their diplomatic skills and become responsible global citizens.

IIM Bodh Gaya hosted panel discussion on UNION BUDGET 2023 and its potential impacts

IIM Bodh Gaya

Date: February 07, 2023

Arthashastra – The Economics Club of Indian Institute of Management Bodh Gaya organized a Panel Discussion on the topic, “UNION BUDGET 2023: Aftermath & Impact on Businesses & People.” Arthashastra unveiled its new logo and vision for the future. The Panelists consisted of industry leaders - Dharmakirti Joshi, Chief Economist at CRISIL, Siddhartha Sanyal, Chief Economist and Head of Research at Bandhan Bank, and Nalin Priyaranjan, Manager at Reserve Bank of India. The event was moderated by Prof. Ranjan Aneja.

“Climate Change has become an important parameter for the first time in the Indian Budget,” said Dharmakirti Joshi, Chief Economist at CRISIL. The Panelists discussed various aspects of the budget, such as increased capital expenditure by 33% to Rs 10 lakhs crore and its potential to bring a good multiplier effect on the economy; forecasted projection on GDP growth within a range of 10.5% to 11%; and special focus on the manufacturing sector with green strategy. The panel highlighted that this is the last budget of current union government which is though not populist not a populist one, instead, a balanced one, focusing on smaller projects like affordable housing finance, and at the same time facilitating initiatives like last-mile connectivity and increased spending on rural agricultural storage facilities, thus improving the supply chain to all parts of India. 

The panel addressed the famous debate surrounding the old tax regime vs. the new tax regime. The panel also underlined that the government has increased their allocations for MSME, is banking on fuel cell based batteries, is focusing on sustainable finance along with climate finance and the bullet train project is setting the foundation for growth.

After this insightful discussion, the floor was opened for the Q&A session, where the students raised several pertinent questions. The event concluded with ending remarks from the student members of Arthashastra and the faculty members of the Economics area, IIM Bodh Gaya, thanking all the panelists and the moderator for their participation and priceless insights.