Shri Ram College of Commerce

SRCC honours college alumnus Arun Jaitley

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The SRCC Youth Conference 2014 commenced with the felicitation of Shri Arun Jaitley. The Union Minister of Finance, Defense and Corporate Affairs launched the conference with the release of balloons and expressed his gratitude to be invited. The speaker session took place in the sports complex that was packed beyond capacity with SRCC faculty, alumni and students. The ceremony started with a welcome address by Shri Ajay S. Shriram, Chairman Governing Body SRCC and President Confederation of Indian Industry. He introduced Mr. Jaitley and expressed his gratitude for the constant support to the governing body. This was followed by the felicitation of Mr. Jaitley by The Principal Mr. P.C. Jain and Mr. Shriram.

Mr. Jaitley’s speech started off with a standing ovation by the entire audience. He kept the audience engaged with an insight into the challenges that India faces today. He was of the belief that there has been a rise in the standard of excellence and that the notion of mediocrity is now rejected by India as a nation. While there has been an increase in marks, he highlighted the lack of structural reforms in the education sector. Moving beyond the realm of education he shed light on the unleashing of India’s energies by virtue of the reforms in 1991. His only regret however was the fact that the process didn’t get initiated a decade earlier. Further he analyzed the role of state intervention on various sectors and how there are trade-offs that need to be carefully understood. To explain this he gave the example of the IT sector that prospered because of the absence of strict licensing and acts. Finally he spoke about the universities abroad serving as the nuclei for policy making in their respective nations. He spoke about the existence of an environment conducive to conflicting ideas that eventually leads to ideation.

The event ended with a soulful rendition of the national anthem. The two days of Youth Conference that follow promise to bring a line up of leaders that will both entertain and inspire the participants. So make sure you don’t miss out on any of the action.

“Mediocrity today is akin to crowding at the bottom. But there is always scope for excellence at the bottom and space at the top.”

“The world today offers an entirely different set of opportunities to us all.”

“Areas where the state has withdrawn and allowed people to determine their own destiny, have seen people show great entrepreneurship and vision.”

Image credits- Khushal


Akash is a student of Economics at SRCC who believes that Foundation Courses are not what we deserve and sure as hell are not what we need right now. Subtly inserting Dark Knight Quotes into everything he isn’t much of a writer. He doesn’t read books, probably because he spends his time swimming, debating, watching good movies and still believing in the Livestrong message. He doesn’t really care about using good language but definitely thinks people should exercise restraint when it comes to hashtags. Livestrong and Prosper!

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