At the outset, D Mishra, Convener of the Webinar welcomed the participants and introduced the speakers to the audience. He also mentioned that the Trust is organizing discussion on an issue national importance for the first time. He suggested that the effort would continue.

Shri Braja Mohan Misra, Former Principal Adviser, Department of Economic & Policy Research (DEPR), Reserve Bank of India spoke on “Assessment and Prospects for Indian Economy”. Shri Misra dealt comprehensibly the fiscal position, revenue collection, important reform processes announced such as Infrastructure Financing through DFIs, Asset Monetisation, Disinvestment, Bad Banks, public issue by LIC, reforms in bond market, introduction of Investors Charter.

Shri Adhar Lal Chand , IRS (Retd) Former Chief Commissioner of Income Tax made a presentation on Direct Tax Amendments in the Budget. Shri Chand very lucidly explained the Direct Tax amendments announced in the budget, intricate points in saving , investment, Scrutiny of tax returns , relaxation in filing returns for senior citizens ( above 75), faceless assessments.

There was lively Q & A session, in which many points were clarified by the learned speakers.

In all, 46 persons participated which included academicians, bankers, senior bureaucrats , senior citizens and students. The prominent participants were : Dr Umesh Chandra Sarangi, IAS (Retd) , former Chairman, NABARD , Shri Ashok Chatterjee, IRS (Retd) former Chief Commissioner of Income Tax, Shri K R Das , former Regional Director, RBI, Hyderabad, Shri Shreedhar Behera, former Banking Ombudsman, RBI, Shri B B Mohanty, former CGM, NABARD ,Shri T Maharana, former CGM, NABARD, and Prof (Dr) Samarendra Mahapatra, Professor , Odisha University of Agriculture & Technology.(OUAT)

Shri S Choudhury, Co-convener proposed Vote of Thanks.

The webinar was a resounding success.

ABHYUTTHANA FOUNDATION CHARITABLE TRUST organized a webinar  on topic : “Overview of the Securities Market ; Investor Protection Measures of SEBI- the regulator of Securities Market” on 24 November 2020 ( 11.00 am  -12.30 pm).

The webinar is very special as it was organized during World Investor Week 2020 (WIW) celebrated this year  in November. As per advice of IOSCO,  in India the WIW was scheduled to be  celebrated during November 23-29, 2020 . SEBI is the national co-ordinator for the same. This year the theme is “Investor Awareness : A Key to Financial Well Being”

 The webinar was addressed by Shri Susant Kumar Sahoo, Deputy General Manager, Securities Exchange Board of India and Shri B M Misra, former Principal Adviser, Department of Economic Policy and Research, Reserve Bank of India.

At the outset , D Mishra , Managing Trustee   welcomed the guests and participants ; highlighted the objective of the Webinar; introduced  the speakers. He read out from the message received from the Chairman , SEBI , on the occasion of WIW.  SEBI Chairman  Shri Ajay Tyagi has stated that “ Investor Protection and awareness is key to Investor Protection.”

Shri Sahoo in his inaugural address mentioned  that complexities in securities market have grown  manifold. The investors need to make informed decisions. Investor education play a vital role in educating investors. He lauded the efforts of Abhyutthana Foundation Charitable Trust in this direction. Shri Sahoo, explained the investor protection measures of SEBI. He explained the aggrieved investors need to lodge their complaint in SCORES system of SEBI, which can be done on-line.

Shri Braja Mohan Mishra in his presentation gave an overview of the securities market-  bond market, capital market, derivative market, G-Sec Market. He broadly explained the functioning of Primary market, Pricing methods and Listing arrangements and what investors need to know while making new investments in primary market.

There was a Question and Answer session.

It may be mentioned that the webinar was conducted in  CISCO  Webex Platform . SEBI hosted  the platform. In all, 60 persons participated  from various parts of state. A few participants were from Chhattisgarh (1), Jharkhand (3), Maharashtra (2), Tamil Nadu (2), UP (1)   and West Bengal (2).

ABHYUTTHANA FOUNDATION TRUST organized its first  webinar on “ORIENTING  MSMEs in times of COVID -19” on    26 September 2020

 The webinar was inaugurated by  Dr Anup K Pujari, IAS (Retd) former Secretary for Government of India in the ministry of MSME.   He explained the proactive steps taken by the Government for the MSME sector.

Shri Panchanan Dash , ISS ( Retd) , former Secretary , MSME Department, Government of Odisha spoke about the steps taken by the state government to boost MEME sector in Odisha. According to him, NGOs like Abhyutthana Foundation Charitable Trust can take surveys to assess the impact of Government Schemes in MSME sector.

Dr Subhranshu Acharya, General Manager, SIDBI, New Delhi NCR emphasized on credit appraisal by FIs,  credit rating of MSMEs , CGTMSE  scheme, Role of Fintech in credit appraisal and monitoring and restructuring of loans.

At the outset , D Mishra , Convener of the Webinar welcomed the guests and participants ; highlighted the objectives. The participants were : bankers, financial experts, MSME entrepreneurs, academicians, students of business school. Eminent economist and academicians : Prof ( Dr) H K Pradhan,  Professor of Finance, XLRI,  Jamshedpur,  Prof RC Mohanty, former Professor, Utkal University, Prof Samarendra Mohapatra, Professor ,OUAT, Dr Harsha Gautam, Vice Principal, College of Agricultural Banking, Pune Shri S K Mitra, former ED , NABARD ,  Dr Ashok Sahu, former ED, NALCO actively participated. From our Trust, Shri S Choudhury, Shri Anadi Ch Sahu and Shri RC Das ( now at London)  participated. There was a lively Question & Answer session.

The Webinar ended with Vote of Thanks Shri Anadi Sahoo, former GM, SIDBI.

AFLC organized a Seminar on Digital Payments- Challenges & Opportunities in Geeta Govind Sadan, Bhubaneswar on 29 Feb 2020. At the outset Mr S Choudhury, Member Advisory Board, AFLC welcomed the guests and participants. Mr D Mishra, Founder and Managing Partner briefly highlighted objective of the Seminar.

The Seminar was inaugurated by Mr M K Mall, Regional Director, Reserve Bank of India, Bhubaneswar. Mr P Vasudevan, Chief General Manager, DPSS, RBI, Mr P Krishnamurthy , former CGM, RBI, Mr Arif Khan, Chief Digital Officer, NPCI and Mr Vittal Raj, eminent Chartered Accountants, Chennai addressed and interacted with the audience.

Mr P Krishnamurthy explained the credit delivery channels in the evolving digital landscape. Mr Vasudeavan gave an overview of the Payment Eco- System, Regulatory perceptive and way forward.Mr Arif Khan made a presentation on NPCI and Vittal Raj discussed on the Cyber Risks in digital banking and its mitigation.

The speakers made lively presentations, clarified many tricky questions. Academicians, bankers, senior citizens, student delegates and public who participated highly appreciated. Students of Utkal University , and OUAT had active participation.Eminent Professors Dr D V Ramana , XIMB and Dr Samarendra Mahapatra, OUAT were present. Dr Manoranjan Bhuyan, former GM, Bank of Baroda proposed Vote of  Thanks.