IIM Jammu hosts IFAC 2026 on Viksit Bharat Vision
Jammu, February 27, 2026 – The Indian Institute of Management (IIM) Jammu has officially commenced the 3rd International Finance and Accounting Conference (IFAC 2026). This year’s theme is “Financial Strategies for Inclusive and Sustainable Economic Growth to achieve Viksit Bharat@2047.” The two-day conference aims to foster discussions on the future of India’s financial landscape as the nation moves towards its centenary of independence.
Inauguration Ceremony
The conference was inaugurated by Swaminathan J, the Deputy Governor of the Reserve Bank of India (RBI). In his address to an audience comprising scholars, policymakers, and MBA students, Swaminathan emphasized that India’s financial system must be built on three critical pillars: safety, fairness, and reliability. He highlighted the importance of viewing development not merely through the lens of GDP growth but as a means to enhance the overall quality of life for all citizens.
Key Themes and Discussions
Swaminathan called for a financial system that operates as a trust-based, people-centric enterprise. He urged participants to embrace principled leadership, engage in transparent risk discussions, and pursue responsible technological innovations to ensure inclusive growth.
Role of Higher Education
Professor Jabir Ali, Dean of Faculty and Research at IIM Jammu, spoke on the significant role that higher education plays in shaping responsible leaders who are aligned with the Viksit Bharat 2047 vision. He emphasized the need for educational institutions to cultivate a sense of responsibility and ethical leadership among students.
Professor Nitin Upadhyay, Dean of Academics, also addressed the audience, expressing appreciation for the RBI’s guidance in strengthening India’s financial architecture. He noted that collaboration between educational institutions and financial regulators is essential for fostering a robust financial ecosystem.
Panel Discussions and Expert Insights
The conference featured a diverse array of prominent policymakers, economists, and industry leaders who engaged in discussions on various topics, including:
- Financial Reforms
- Global Liquidity Trends
- Capital Market Deepening
- Strengthening Domestic Savings
Panelists emphasized that achieving inclusive and sustainable growth requires the establishment of adaptive institutions, diversified capital markets, and ethical financial leadership. These discussions aimed to provide actionable insights and strategies that can help pave the way for a more inclusive financial future for India.
Interactive Sessions
In addition to panel discussions, the event included interactive sessions with students, allowing them to engage directly with industry experts and policymakers. These sessions provided a platform for students to ask questions, share their perspectives, and gain valuable insights into the challenges and opportunities facing the financial sector.
Commitment to Academic Excellence
IIM Jammu’s hosting of IFAC 2026 underscores its commitment to academic excellence and active policy engagement in support of national development. The institute aims to bridge the gap between academia and the financial industry, fostering a collaborative environment where innovative ideas can flourish.
Future Directions
As India approaches its 100th year of independence in 2047, the discussions at IFAC 2026 are particularly timely. The emphasis on financial strategies that promote inclusivity and sustainability aligns with the broader goals of the Viksit Bharat vision, which seeks to create a developed India that is equitable and prosperous for all its citizens.
In conclusion, the insights shared during the conference will contribute to shaping the future of India’s financial landscape. The collaborative efforts between educational institutions, policymakers, and industry leaders are crucial for realizing the vision of a Viksit Bharat.
Note: The information provided in this article is based on the events of the IFAC 2026 conference held at IIM Jammu and reflects the discussions and themes presented during the event.
