Saurabh Garg

Secretary, Ministry of Social Justice and Empowerment
Government of India

The focus of his work in the present assignment is the social, economic and educational empowerment of the vulnerable and marginalised
communities, including Senior Citizens, Transgenders and Victims of Substance Abuse.

He has been the CEO, Unique Identification Authority of India, where he was instrumental in expanding the usage of Aadhaar and strengthening the technology stack of the Aadhaar ecosystem.

He has worked on areas like digitalizing agriculture, direct income transfer scheme for farmers, formation of the National Investment and
Infrastructure Fund (NIIF); improving the Foreign Direct Investment (FDI) policies; preparing the framework for digital payments; revamping of the gold sector policies and has led negotiations for the Bilateral Investment Treaties (BITs).

Dr. Garg is an IAS officer of Odisha Cadre and has been Joint Secretary in the Ministry of Finance, Government of India; Secretary in the
Departments of Agriculture, Industries and Urban Development at the Government of Odisha.  He was on a secondment as Adviser at the
World Bank, Washington DC.  Prior to joining the IAS, he was with the Tata Administrative Service.

Dr. Garg holds a Ph.D in International Economics and Development from the Johns Hopkins University, USA; an MBA and a Gold Medal
from IIM, Ahmedabad and a B.Tech from IIT Delhi.  He was a Chevening Gurukul scholar at the LSE, London.

The Times Group presents
ET Now Global Business Summit 2024

Disruption | Development | Diversification

Contact Us

For Enquiry :Deven Satghare

Follow
Linkedin Facebook Instagram Youtube
Refund Policy | Privacy Policy | Terms of Use | FAQs

© Copyright 2024. All Rights Reserved.

The Next Gen: DISRUPTION

Economic Disruption: We live in an era of disruption in which powerful global forces are changing how we live and work. Powerful disruptions are changing our world. The gig economy, remote work, and the sharing economy have disrupted traditional employment models. The new generation is often at the forefront of these economic changes, seeking flexibility and independence in their careers.

Technological Disruption: The new generation is witnessing rapid technological advancements and digital transformation. They are at the forefront of embracing and driving these changes, leading to disruptions in various industries. Examples include the rise of blockchain, artificial intelligence, and the gig economy. Frontier technologies such as the Internet of Things, smart robotics, automation, and artificial intelligence are boosting productivity growth, raising prosperity, and replacing mundane or dangerous tasks. They have the potential to do good across a wide range of domains, from healthcare to education

Cultural Disruption: Social movements and changing cultural norms are disrupting traditional societal structures. The new generation is actively involved in advocating for gender equality, LGBTQ+ rights, and racial justice, challenging the status quo and pushing for more inclusive societies. The connection between resilience, equity and inclusion is widely accepted by policymakers: evidence has shown that creating more equitable and inclusive societies is a crucial part of any economic strategy focused on resilience and recovery.

This will close in 49 seconds

The Next Gen: DEVELOPMENT

Skill Development: The new generation places a strong emphasis on personal growth and development. They prioritize continuous learning, self-improvement, and mental well-being. Tools like online courses, self-help apps, and social networks play a significant role in their development journey. It is important to have a conversation about how to begin closing the gap between what our students are learning and what the demands of the workforce will be once they enter. Half of us will need to reskill in the next five years, as the "double disruption" of the economic impacts of the pandemic and increasing automation transforming jobs takes hold.

Sustainable Development: This generation of leaders bears the responsibility of preserving and advancing the legacies of their businesses while actively championing sustainable practices across businesses, governments, local communities, and personal lifestyle changes to secure a brighter future for the planet. Sustainability, the buzzword across the world today, will have to take on a new avatar and become the soul of every organization - business or otherwise. Businesses cannot succeed in societies that fail.

Social Development: The next generation is deeply rooted in creating positive change in society by incorporating CSR, promoting digital literacy, improving access to quality education, and supporting public health initiatives. Smart living is about adapting the fruits of technology through models that are scalable, profitable and, importantly, ecologically and socially more sustainable.

This will close in 49 seconds

The Next Gen: DIVERSIFICATION

Geographical Diversification: The prime focus of the new-gen leaders will be on a geographic diversification strategy, either domestically or internationally, aiming to integrate its products and services as a routine in consumers’ lifestyles. This will mitigate the risks associated with regional economic fluctuations. In an interconnected world, diversity, shaped by globalization and technological advances, forms the fabric of modern society.

Business Diversification: The strategic expansion and diversification of businesses with investments in newer business avenues, will enhance the return on investment, reflecting the forward-thinking approach of the next-generation leaders' eagerness to innovate. Companies are discovering that, by supporting and promoting diverse products and services, they are gaining benefits that go beyond the optics.

Workforce Diversification: To achieve geographical and business diversification, the next generation of leaders will aim at prioritizing workforce diversity, to boost job growth and create together a multitude of ideas and perspectives, igniting innovation and creativity. In times of increasing disruption and uncertainty, companies need to continue to prioritize diversity and inclusiveness (D&I) for the benefit of their culture — and their bottom line.

This will close in 49 seconds