Speaking to more than a large audience, Prof. Basu expressed his optimism on the globalization of Indian economy and the prospects and challenges facing the Indian economy as it emerges into one of the fastest growing economies of the world. While applauding India’s efforts for development of professional education, he expressed his concern for the lack of emphasis on basic sciences and arts streams in India. He also emphasized the importance of a trustworthy culture in development of a nation’s economy.

In addition he conducted a special session on career options available to economics students in corporate, academia and international organizations. Holding the audience spellbound by his insights into Indian economy, he enlightened the students with his valuable and enriching experience in the field of economics and what it means to be an economist of international repute. Despite his best efforts, Prof. Basu couldn’t dodge explaining how an economist can be an excellent playwright as well.

The enthusiasm apparent among the students standing in the packed lecture theatre was equally matched by the faculty members of IIM Calcutta with the likes of Economics professors Prof. Amitava Bose, Prof. Anindya Sen being present on the occasion among a host of other faculty members. Prof. Basu answered a host of flocking student’s queries during tea break.