From left Dr. Aditya Srinivas, Zafar Sareshwala , Dr Shariq Nisar, Danish Reyaz

By Saif Alam Siddiqui, Mumbai:  Maeeshat Media Pvt Ltd entitled to be India’s first magazine focusing minorities economy, in association with Bombay Stock Exchange Brokers forum and Bait Un Nasr urban Co.Op Credit Society Ltd Mumbai Organized a Panel Discussion on the Role of Monetary Policy on Economy at Mumbai Press Club on May 31, 2016.  Experts from various backgrounds shared their thoughts the discussion was facilitated by Danish Reyaz Managing Director of Maeeshat Media, he expressed his ideas behind conducting this program.

The discussion was initiated by Dr Shariq Nisar, former Senior Visiting Fellow at Harvard University has crystal clear the audience about the fiscal and monetary economic policy which impact economy, he also emphasized on the social and distributional aspects of  monetary policy. As being the economist he accepted the credibility of current RBI governor Raghuram Rajan about his expertise in balancing the economy in crisis.

From left: Salim Qazi Dr. Aditya Srinivas, Zafar Sareshwala , Dr Shariq Nisar, Danish Reyaz

Dr. Aditya Srinivas COO, Bombay Stock Exchange Brokers Forum also the chief Economist of BSE Brokers Forum spoke about the technical aspects of GDP, growth, inflation, interest rate on economy and linked up its impact on a common man and presented a clear cut anatomy of Money flow.

Zafar Sareshwala Chancellor Maulana Azad National Urdu University, Hyderabad shared his initiative taken with regards to skill development of students at Maulana Azad university and giving industrial exposures to students, he also share an insights view of economy in the context of infrastructure development and initiative taken by the government to stabilize economy to put in on growth track.

Salim Qazi director of Bait un Nasr also shared his views regarding monetary policy and the role of interest free finance for the development of Indian economy.

All the speakers were crystal clear about the importance of monetary policy for stabilizing economy it needs to continue focusing on the growth and employment but without compromising on the inflation as it really hurts the poor more, and also endorse the important role of monetary policy in an economy.

The program also had a lively question answer session in which participants shared their thoughts and asked questions from the expert panelists.

In the end Maeeshat Director thanks all the speakers and audience for their invaluable support.