61st SKOCH Summit: State of Governance, 25th September 2019

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SKOCH State of Governance is the annual flagship Governance Summit in India, which takes stock of governance, development and citizen service delivery initiatives across the nation. It salutes and celebrates outstanding and exemplary initiatives with a proven transformative impact on the citizens and society. The Summit features thought leadership dialogues and panel discussions on the State of Governance, State of Public Finance and State of Social Sector from the brightest minds in the nation.

Inaugural Session (0900-1030 hrs)

0900-0905 Assembly and National Anthem
0905-0910 Welcome & Opening Remarks
0910-0920 Introduction: Mr Sameer Kochhar, Chairman, SKOCH Group

Complete Panel Video

Improving Efficiencies, Optimising Resources: Plenary Panel I (1030-1145 hrs)

Governance and Economics coming together to deliver is the core tenet of ModiNomics. There is no disagreement on the fact that economy needs to get into a much higher gear to achieve the goal of $5 trillion economy by 2024, target set forth by the Prime Minister. Our last conference discussed and recommended what needs to be done on the economic front.

While a lot of action is fiscal headroom and monetary policy-related, one key recommendation is that Incremental Capital to Output Ratio (ICOR) needs to improve drastically. This is squarely the role of the Government. Most discussions tend to veer around reforms that are either hobby horses or too prickly to be delivered.

Given this, our two panels on State of Governance examine a set of issues that may yield more implementable solutions resulting in more efficient use of capital.

The Panel will discuss:
1. What structural changes and reforms government needs to bring about to improve efficiency of expenditure and capital deployed?
2. Governance in most areas is a big challenge resulting in huge inefficiencies. How can technology be deployed in a way to disrupt status quo, e.g., digital payments, digital health and digital agriculture?
3. To what extent principles of federalism be applied to data ownership, e.g., the recent demands by some states to have data localization at state level? Possible role of local bodies in data governance?

Moderator: Dr Gursharan Dhanjal, Managing Director & Editor, SKOCH Group
Mr Dharam Pal, Additional Secretary, Department of Fertilizers, Ministry of Chemicals & Fertilizers
Ms Gita Chengappa, Chairperson, Cheshire Homes India Coorg
Mr G B Panda, Former Senior Advisor, Planning Commission
Dr N C Saxena, Distinguished Fellow, SKOCH Development Foundation and Former Secretary, Government of India
Dr Ranjna Nagpal, Deputy Director General, National Informatics Centre
Mr Vivek Aggarwal, Joint Secretary (Crops & IT) & CEO-PM KISAN, Dept of Agriculture, Co-Operation & Farmers Welfare

Complete Panel Video

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Improving Efficiencies, Optimising Resources: Plenary Panel II (1420-1550 hrs)

Governance and Economics coming together to deliver is the core tenet of ModiNomics. There is no disagreement on the fact that economy needs to get into a much higher gear to achieve the goal of $5 trillion economy by 2024, target set forth by the Prime Minister. Our last conference discussed and recommended what needs to be done on the economic front.

While a lot of action is fiscal headroom and monetary policy-related, one key recommendation is that Incremental Capital to Output Ratio (ICOR) needs to improve drastically. This is squarely the role of the Government. Most discussions tend to veer around reforms that are either hobby horses or too prickly to be delivered.

Given this, our two panels on State of Governance examine a set of issues that may yield more implementable solutions resulting in more efficient use of capital.

The Panel will discuss:
1. What structural changes and reforms government needs to bring about to improve efficiency of expenditure and capital deployed?
2. Health services delivery seems to be showing improvements across the country due to better structured state schemes or central scheme like Ayushman Bharat. How can this be replicated in other sectors?
3. How to improve velocity of money for MSMEs? Can all GST accepted MSME invoices be automatically credited by the government and the onus of payment recovery from the principal shift to the government?

Moderator: Ms Kaveree Bamzai, Former Editor, India Today
Dr M Ramachandran, Distinguished Fellow, SKOCH Development Foundation and Former Secretary, Government of India
Dr Rajendra Kumar, Principal Secretary, Industries and Commerce, Government of Tamil Nadu
Ms Vini Mahajan, Additional Chief Secretary, Industries, Government of Punjab
Dr Yerram Raju, Distinguished Banker and Economist, Advisor, Government of Telangana
Ms Zohra Chatterji, Former Secretary - Textiles, Government of India and Distinguished Fellow, SKOCH Development Foundation
Mr Prakash Vaghela, Additional Director, Department of Health and Family Welfare. Government of Gujarat

Complete Panel Video

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Power Panel: State of Public Finance (1420-1550 hrs)

Gross tax collections grew at just 8.4 per cent in 2018-19, when nominal GDP growth was 11.2 per cent. In 2019-20, after adjusting for the tax rate changes, gross tax collections growth has been budgeted at 15 per cent. This when the April-June quarter nominal GDP growth has slowed to a 15-year low of just under 8 per cent. Rathin Roy, Member, NIPFP, has cautioned of a “silent fiscal crisis”. A weak fiscal position has in the recent past constrained India’s sovereign ratings. In this regard, the medium-term fiscal policy will attract sharper scrutiny from a rating perspective. Even if the transfer of Rs. 1.7 lakh crore from the Reserve Bank of India (RBI) can help avoid any fiscal slippage relative to the central government’s own targets this year, can it reverse meaningfully the stalling of fiscal consolidation in recent years? The government has increasingly been relying on off-budget financing.
1. What is the state of India’s public finances? How realistic are the budget’s estimates for tax collections?
2. How much does the transfer of Rs. 1.7 lakh crore from the RBI help the centre’s fiscal position and is this sustainable source of non-tax revenue?
3. Does the economy need a fiscal stimulus? If yes, what options are available to the government for financing it?

Moderator: Ms Puja Mehra, Economist
Mr Gopal Krishna Agarwal, National Spokesperson - Economic Affairs, Bharatiya Janata Party
Dr Rathin Roy, Part-time Member, Economic Advisory Council to the Prime Minister of India & Director, NIPFP
Ms Renu Kohli, Independent Economist
Mr T K Arun, Editor, Opinion, The Economic Times
Mr Tehseen Poonawalla, Political Trendwatcher
Ms Yamini Aiyar, President and Chief Executive, Centre for Policy Research

Complete Panel Video

Jai Hind Keynote: State of Public Finance - Dr Rathin Roy

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SKOCH Order-of-Merit Investiture Ceremony 2019

Mavalankar Hall

Speaker Hall

Deputy Speaker Hall

Valedictory Session & SKOCH Governance Award 2019 Investiture Ceremony

Jai Hind Keynote: मानव संसाधन एवं नया भारत-Dr Ramesh Pokhriyal ‘Nishank’, Hon’ble Minister for Human Resource Development, Government of India