Page 8 - Bullion World Volume 4 Issue 3 March 2024

Bullion World | Volume 4 | Issue 3 | March 2024

Proceedings of the 7th Annual

IGPC-IIMA Gold & Gold Markets Conference 2024

The 7th IGPC-IIMA Gold & Gold Markets Conference was a two-day event organized at the Bharat Mandapam, New
Delhi, on February 15-16, 2024. The India Gold Policy Centre (IGPC or the Centre) is a centre of excellence at IIM
Ahmedabad (IIMA) that focuses on research on various aspects of the Indian gold value chain with the aim to drive
policy reforms.

The conference saw enthusiastic participation from reputed members of academia, experienced industry
participants, and policy-makers alike, spanning across India, UAE, UK, Hongkong and other overseas locations. The
lighting of the lamp, in the presence of K Rajaraman, the Chief Guest, heralded the commencement of the ceremony,
which was followed by the welcome address by the newly appointed Chairperson, IGPC, Prof. Sundaravalli
Narayanaswami. In her welcome address, she highlighted, enunciating a Sanskrit shloka, how the Indian gold market
and the economy would benefit from a higher degree of trust among the participants. Optimistic about the prospects,
she emphasized how this future is attainable with the way being paved by rising trading volumes at the India
International Bullion Exchange and the permission granted to domestic banks to trade at this platform.

It was followed by the inaugural speech by Prof.
Bharat Bhasker, Director IIMA. His inaugural speech
emphasized the intricate connection between the
activities of the IGPC and the overall research agenda at
IIMA including at its Centre for Innovation Incubation and
Entrepreneurship. Highlighting the macroeconomic and
microeconomic aspects, which are under research at
the IGPC, he also noted the relevance of the information
repositories maintained by the Centre. Referring to
his deep interest in instrumentalizing technology to
expand horizons, the Director enlightened the audience
about the proposed hybrid course at IIMA, the Online
MBA Programme, and the plans to further develop
the offerings at the Dubai campus beyond the current
executive education courses, expressing his hope and
confidence about IGPC’s similarly broadening reach.

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