Economic Enlightenment: Dr Ishita Tripathy unlocks India’s fiscal secrets

As part of an exceptional educational event that left an indelible mark on students and faculty alike, Apeejay School International (ASI), Panchsheel Park had the honour of hosting Dr Ishita G Tripathy, a seasoned IES (Indian Economic Service) officer with an impressive 24-year tenure in the Ministry of Micro, Small, and Medium Enterprises (MSME). Dr Tripathy’s visit provided a profound insight into the intricate workings of the government, economics, and public policy, shaping a holistic educational experience for students.

The session commenced with her explanation about the illuminating the meticulous process behind the creation of the annual Economic Survey and the Budget. Her exposition shed light on how these crucial documents are carefully formulated to steer economic policies and allocate resources effectively. This deep dive offered students a nuanced understanding of the government’s fiscal planning and its reverberations on the nation.

Expanding on this, Dr Tripathy introduced the concept of public goods, underscoring their profound significance in society. This segment of the presentation urged young minds to contemplate the wider social ramifications of government policies, providing a framework for critical thinking and civic engagement.

Drawing on her extensive experience in the MSME sector, she unveiled a comprehensive overview of the pivotal role and significance of MSMEs in India’s economic landscape. She articulated how these enterprises serve as engines for job creation, economic growth, and innovation. This invaluable insight aligns seamlessly with the ASI’s commitment to nurturing entrepreneurship and economic awareness among its students.

Crucially, the session was not a passive lecture, but a dynamic exchange of ideas. Students actively participated, posing thoughtful questions and sharing their observations. Noteworthy was the engagement of Middle-Years-Programme (MYP) students, who skillfully connected the concepts discussed to their Individual and Societies subject, exemplifying the practical applicability of their academic learning.

Dr Ishita’s session left a deep-rooted impression, epitomising ASI’s dedication to providing a holistic education that transcends the boundaries of textbooks and classrooms. By connecting students with real-world experiences and subject matter experts, the school aims to instill a sense of curiosity and a hunger for lifelong learning.

The importance of understanding the country’s economic dynamics cannot be overstated. With a burgeoning economy poised for growth, comprehending the role of MSMEs is paramount. They serve as the backbone, driving innovation, job opportunities, and economic stability. Equipping students with this insight empowers them to not only navigate the complexities of the economic landscape but also to actively contribute to its evolution.

D Tripathy’s visit was a masterclass in comprehensive learning, a testament to the potential unlocked when academia meets real-world expertise. Undoubtedly, her knowledge has enriched the educational journey of students and shaped them into informed, engaged citizens of the world.