KRMU is committed to ensure the highest standard of global education and providing unparalleled exposure in education, training and development of its students. Getting a step closer to its vision, KRMU has organized an international conference on ‘Spectrum of Opportunities in 2020- Management and Legal era’, held at Moot Court on 6-7 February 2020. The main purpose of the conference was to formulate a strategic approach to business which aligns with legal opportunities. The conference brought together the academic and business professionals, entrepreneurs, legal and management consultants, lawyers, investors and environmentalists all under one roof who call for a continuous transformation in the existing legal and management era. There were more than 100 paper presentations on the theme and more than 500 students attended the conference.
The conference began with an inaugural session of ‘Lighting the Lamp’ followed by the welcome address by Prof. V.A Dubey, Dean Academics, stressing upon the Evolution of Environmental strategies, High Performance Organizations, Situational Leadership, impact of A.I and the Genesis of changing dimensions that these emerging concepts brings in field of law and management.
Prof. (Dr.) Aditya Malik, Vice Chancellor, KRMU addressed the gathering by adopting an integrated approach to create a link between Tech-Innovation-Humanity to resolve conflicting interests of Nature and Mankind by thinking out of the box. He mentioned the independent character of a nation which is essential to develop in terms of business by explaining ‘You vs Me’ model.
Hon’ble Justice M.L Mehta, former Delhi High Court Judge, stressed upon the core principals of Indian Legal System and the obstacles to attain timely resolution and satisfactory results. Legal procedural approach, technicalities, and pending cases discourage people to seek legal support. Furthermore, the importance of “legal mediation” is the need of an hour to make a substantial change in Indian Judiciary system, as per Justice Mehta. He put forth an integrated model considering managerial and legal aspects of business. He resolved the queries of students in satisfactory manner.
Prof. Sudhanshu Rai, PhD, Associate Professor, Copenhagen Business School, discussed his project on Innovation in emerging economies in terms of its history, a thin line difference between invention and innovation and its application in Industrial production system. He explained Indian version of innovation and held that religion-science-innovation accommodate each other in Indian model of innovation.
The keynote address of this second day was delivered by Dr. Poulomi Bhadra, Forensic expert, an alumni of Kings college, London. She consistently insisted on integrating applied sciences in legal education right from classrooms to courtrooms. Her address revolved around the interdisciplinary approach to inculcate scientific aptitude among law fraternity, including modern forensic digital technology, optimum use of forensic evidences in Indian courtrooms, encouraging use of genetic forensic analysis, and introduction of experimental prosecution procedural system in Indian courts. Dr. Bhadra also stressed on the inclusion of indigenous judicial system rather than following commonwealth procedures or west.
Prof. Kapil Khanna and Prof. Syed Shah, RMIT University, Melbourne, Australia joined the conference through Skype and put forth their views on ‘Economic Growth vs Environmental Cost’. Prof. Khanna began his session with the aftermath of Australian bush fires and its impact on local flora & fauna and economy. His address consisted of many key topics including Sustainable Development, Formation of GreenPeace, and emergence of EKC model. According to Prof. Khanna “Environment is paying off for our economic growth”.
Prof. Syed Shah introduced ‘Global Sanitation and Sustainability Project (GSSP) to highlight the importance of clean water, defining sanitation and its problems in order to avoid spread of associated diseases. Prof. Shah proposed a value chain-based sanitation solution for local community by introducing potable dry toilet units and providing hygiene education. He encouraged use of renewable source of energy to strengthen economic development.
Ms. Nupur Tewari, founder of Heal Tokyo/Healindya, Japan, isnspired the gathering by explaining self-healing techniques to attain peace, stability, and success in life. As per Ms. Tewari, self-motivation, self-encouragement, and self-spiritual development is crucial for “Becoming CEO of one’s life”. She further insisted on ‘Aham Brahamasmi’ (Master of one’s own life) for attainment of self-love.
Prof. Lallan Prasad, Executive President of Kautilya Foundation, Delhi expressed essential information on Economic Growth and Environmental Cost. His address consisted of key environmental aspects like river pollution, global warming, exploitation of ecological resources and chemical treatment of natural environment that can potentially threaten the economic statistics of the nation. So, human must co-exist with nature for sustainable growth and development.
Prof. (Dr.) Pankaj K. Aggarwal, Professor of Finance and Dean of IMS, expressed his views on the Disruptive FinTech Ecosystem, its allied services and how it evolved over the period of 5 years. Its application in Banking, financial transactions, block-chain management and e-wallets are secure as it uses highly encrypted language.
Dr. Renu Verma, Associate Professor, Bharatiya Vidya Bhavan’s Usha and Laxmi Mittal Institute of Management, New Delhi put forth his comments on What we have vis-a-vis what we need in terms of management education. She discussed the need of management education as well as loop holes in standardized pedagogy. She discussed the practical ways of imparting MBA education.
Prof. Pradeep Kulsheshtra, Dean, School of law, Sharda University delivered Valedictory address and encouraged the students to participate in such conferences to ensure their academic and research growth.