Press Release

Bangalore: Over 90 Kanara Entrepreneurs (KE) Bangalore members and guests were presented with a highly informative session recently on the Indian Economic Scenario.  Indranil Pan, Chief Economist of Kotak Mahindra Bank Ltd. gave a bird’s eye view of the present economic scenario in the country. Indranil, whose views are highly respected in Industry and the media, is a Post Graduate from Jawaharlal Nehru University in Economics.

Indranil highlighted the problem areas of the economy including currency fluctuation and the reasons behind the same: A country running a fiscal deficit neither finding ways to increase savings nor current account deficit. Economic slowdown due to lack of reforms like implementation of GST etc. Non-containment of subsidy burden. Lack of political will and policy.

He spoke of the necessity for fiscal discipline and various other measures to shore up the economy including: Need for GST and DTC reforms, Clear roadmap on containing subsidy burden, Streamlining of expenditure on programmes which are politically correct but economically disastrous, Containing the inflationary pressure.

The presentation kept the audience in rapt attention. There was a very interesting question and answer session where practical situations faced by members were answered and doubts clarified.

Another highly appreciated part of the evening was each Member briefly introducing himself and his Business/Profession. Earlier in the programme, Mark D’Souza, President- Elect, welcomed the gathering. The programme was ably compered by George Timothy. . Clarence Pereira proposed the Vote of Thanks

The First KE- B2B Meeting
 
The first Business-to-Business (B2B) Networking Initiative organized by KE Bangalore at Hotel The Grand Magrath on 7th July was a resounding success. Forty three KE members and guests earnestly took part in the event.  Its main purpose was to enable members build and develop their networking skills, to get to know fellow members and familiarize their businesses, exchange business ideas and expand business opportunities.

After the welcome by Robinson D’Souza, President KE Bangalore, who chaired the event, Mark D’Souza, President – Elect explained and introduced the well Structured and organised event, giving a brief background of KE and explaining the Objectives and the guidelines for the networking event.
 
The primary motive of everyone was to give and help others rather than to receive. The event helped in becoming aware of each one’s Business & strengths and this would also further help to leverage opportunities when there are requirements in day to day work & business.

The occasion turned out to be a one stop meeting place to exchange information & seek help professionally among members and through Leads. All the members present were enthused by the event and the opportunities that emerged.