Social Contract of
Business & Governance
“India’s growth trajectory is inseparable from the digital transformation of governance. ModiNomics provides a compelling account of how visionary initiatives such as the JAM Trinity and Digital India have not only accelerated economic progress but also empowered millions at the grassroots. It is a timely and insightful work that highlights technology’s role as a true enabler of inclusion and opportunity”
N. Chandrababu Naidu
Chief Minister, Government of Andhra Pradesh
“ModiNomics captures a decade where inclusive growth, digital empowerment andcooperative federalism came together to redefine India’s development journey. It reminds us that when governance is both visionary and people-centric, transformationbecomes inevitable”
Devendra Fadnavis
Chief Minister, Government of Maharashtra
“ModiNomics – A Journey of Inclusive Growth” captures the evolution of reforms and initiatives that have defined India’s recent economic path. Building on the SKOCH Group’s role as a catalyst for action, it offers sharp insights into policymaking and inclusive growth. An inescapable read for anyone seeking to understand the government’s evolving economic vision”
N. K. Singh
Chairman, Fifteenth Finance Commisison
ModiNomics
A JOURNEY OF INCLUSIVE GROWTH
Marking 25 years of Prime Minister Narendra Modi in public office, ModiNomics – AJourney of Inclusive Growth offers a definitive account of his governance and economicphilosophy. From Jan Dhan to Ujjwala, Swachh Bharat to Digital India, it explores how millions were brought into the mainstream of development with speed and scale.The book examines both the vision and the outcomes—financial inclusion, welfaredelivery, infrastructure, and digital empowerment—that have shaped India’stransformation. It asks the vital question: has Modi delivered on the promise of inclusivegrowth, and how far has India travelled on this journey?Accessible yet analytical, this is not only a chronicle of policy innovations but also averdict on their impact. A compelling read for policymakers, scholars, business leaders, and citizens alike, ModiNomics captures India’s story of ambition, resilience, and inclusive progress under Modi’s leadership.
Speakers
Mr Sameer Kochhar
Chairman
SKOCH Group
Dr M Ramchandran
Distinguished Fellow
SKOCH Development Foundation & Former Secretary Government of India
Dr Pinky Anand
Senior Advocate
Supreme Court of India
Prof S Mahendra Dev
Chairman, Economic Advisory Council to the Prime Minister(EAC-PM)
Mr Rohan Kochhar
Founder
SKOCH Law Offices
INDIA 2047 – CENTRE OF EXCELLENCE
Mr Javin Aryan
Analyst
SKOCH Development Foundation
Ms Sai Sathya Singh
Analyst
SKOCH Development Foundation
Social Contract of Business
Social Contract of Business” will examine the evolving responsibilities of enterprises in shaping an equitable and sustainable future. Beyond profits, businesses today are increasingly accountable for their role in society—ensuring fairness, transparency, inclusion, and positive community impact. This conference will bring together policymakers, industry leaders, financial institutions, and development organisations to deliberate on how the social contract between business and society can be renewed in the context of India’s aspirations for 2047.
The discussions will address the intersections of corporate responsibility, innovation, governance, and social equity, highlighting both challenges and opportunities for enterprises across sectors. By fostering dialogue among diverse stakeholders, the summit aims to generate insights into how businesses can align growth with social good, balancing shareholder value with societal well-being. It offers a timely platform for reimagining business as a partner in national development and inclusive prosperity.
Speakers
Dr Gursharan Dhanjal
Vice Chairman
SKOCH Group
Dr Bhasker Chatterjee
Former Secretary, Government of India
Ms Sindhu Gangadharan
MD, SAP Labs India Head, Customer Innovation Services, SAP
Events Day
Topic
MODINOMICS – A JOURNEY OF INCLUSIVE GROWTH
Arrival, Tea, Meet and Greet
Mr. Rohan Kochhar inaugurated the 103rd SKOCH Summit, presenting Modinomics: A Journey of Inclusive Growth as a detailed chronicle of Prime Minister Modi’s 25 years in governance. He noted how initiatives like Jan Dhan, Ujjwala, Swachh Bharat, electrification, and digital access transformed lives at scale. The book also examines reforms like GST and IBC while questioning whether growth has been truly inclusive. Kochhar positioned it as both a verdict and a guide to India’s quest for sustainable, inclusive development.
Summary
Professor S. Mahindra Dev highlighted Gujarat’s early successes in water management and rural electrification as foundations of Modi’s governance model. At the national level, he pointed to reforms like GST, IBC, and ease of doing business that spurred investment, exports, and growth. He emphasized inclusive outcomes through poverty reduction, employment generation, welfare schemes, and social programs, alongside sustainability goals such as renewable energy and net-zero targets. Dev concluded with optimism that India can achieve developed nation status by 2047 with stronger growth, inclusion, and resilience.
Dr. M. Ramachandran praised Sameer Kochhar’s book for documenting Modi’s journey from Gujarat to the national stage, highlighting how people-centric schemes were built on grassroots insights. He recalled Gujarat’s leadership in urban development and Vibrant Gujarat as platforms for meaningful policy action. Citing initiatives like Swachh Bharat and Ujjwala, he emphasized how such programs transformed daily lives, especially of women, and showcased Modi’s inclusive and practical governance. He concluded that coordinated efforts between Centre and states can further strengthen India’s growth and inclusivity.
Dr. Pinky Anand reflected on Prime Minister Modi’s leadership, highlighting his ability to listen, adapt, and drive inclusive governance. She emphasized transformative initiatives like Jan Dhan Yojana, Aadhaar-linked welfare, and digitalization that empowered citizens directly. She noted broader impacts—from Kashmir’s integration to global recognition of India’s economic strength—underscoring how inclusiveness now spans women, tribals, and marginalized groups. Anand concluded that Modi’s vision has lifted India from past paralysis into a vibrant growth trajectory recognized worldwide.
Topic
INDIA 2047 – CENTRE OF EXCELLENCE
Summary
Ms. Sai Sathya Singh emphasized that sovereignty in the 21st century extends beyond territory to digital infrastructure, data, and cyberspace governance. She introduced the Scotch Indicators Framework—a structured tool with seven pillars, 38 indicators, and 136 sub-indicators—to measure digital sovereignty across nations. Grounded in actual laws from countries like the US, UK, China, India, and the EU, the framework identifies strengths, vulnerabilities, and policy gaps. She likened it to GDP for economics, providing a universal metric to evaluate and safeguard digital sovereignty.
Mr. Javin Aryan discussed how emerging technologies, particularly quantum, are becoming strategic national assets amid global tech rivalries. He outlined India’s challenge of balancing self-reliance with international collaboration while addressing gaps in funding, supply chains, and stakeholder coordination. Highlighting applications in defense, finance, healthcare, agriculture, and climate forecasting, he stressed the dual-use nature of quantum. He concluded that India must adopt a whole-of-society approach to build secure, indigenous capabilities while engaging global partners.
Topic
Social Contract of Business:
Mr. Neelkanth Mishra emphasized that India faces an unprecedented challenge of becoming a developed nation within 25 years, balancing rapid growth with democracy and universal franchise. He highlighted the government’s achievements in fiscal discipline and lowering the cost of capital, but stressed that reforms in land, labor, and entrepreneurship must come from states. Citing examples from Gujarat, Odisha, and Tamil Nadu, he underscored the importance of state- and district-level reforms, urban infrastructure, and housing to sustain growth. He concluded that India must act urgently and boldly to achieve Viksit Bharat before its demographic advantage fades.
Ms. Sindhu Gangadharan highlighted India’s transition from a global IT services hub to a product innovation powerhouse. She emphasized three bold shifts: reimagining the services playbook in the AI era, fostering IP creation and product-first thinking, and using AI as an equalizer to ensure inclusivity. She called for stronger collaboration among industry, academia, and government, stressing that India must couple its services legacy with bold innovation to build an inclusive, sustainable, and globally impactful digital future.
Dr. Bhaskar Chatterjee praised Sameer Kochhar’s effort to frame India’s progress through Indian benchmarks rather than Western criteria, calling it true Bharatiyata. He highlighted PM Modi’s leadership in global sustainability—from shaping the 2015 Paris Agreement to pledging India’s 2070 net-zero target. Drawing on his own role in institutionalizing CSR, he stressed India’s unique model that integrates corporate funding with grassroots civil society. He concluded by underlining the importance of Indianized approaches and strong governance in driving inclusive, sustainable development.