1st year u/g students, 2nd year u/g students, 3rd year u/g students
Student Responsibilty with support from IIP and/or Host Organization
International Internship Program
About: The Indian Chamber of Commerce (ICC) is the largest Industry Association in the East & North-Eastern parts of India and is headquartered in Kolkata. IIC is looking for a suitable intern who would be responsible for carrying out economic and social research activities as well as coming up with high quality reports and studies that focus on enhancing the competitiveness of the Indian economy of Eastern & North-Eastern regions of India.
Intern responsibilities: IIP interns will conduct economic and social research and develop quality reports focusing on enhancing the competitiveness of the Indian economy. They would be required to interact and network with relevant stakeholders in government, industry, media, social entrepreneurs, and civil society groups to understand issues of key importance and act as a catalyst in the process of change.
Examples of possible projects include:
PROJECT1: Study on India-ASEAN Trade & Act East Policy: World trade is expected to grow at a modest 5.3% in 2015, as per WTO estimates. Trade growth is directly linked to the performance of the world economy, which has gradually shifted its growth axis to Asia, post the global financial meltdown. Global GDP and trade growth was 3.3% and 4.7% respectively in 2014, while in the concerned period, Asia’s GDP growth was 5.5% and trade growth was 6%. Asia’s economic resilience during the financial crisis has stemmed largely from its export driven growth model. Towards carrying forward the growth story and ensuring the transformation of Asia from a cheap manufacturing base to an economic trading bloc, building up of “intra-regional” trade connectivity is imperative. China and India, the leading faces of the global economic recovery are slated to play a significant role in scripting the Asian growth story. China is already the world’s biggest economy in PPP terms, and India is slated to be a USD 42 trillion economy by the year 2050. Growth prospects are also firming up for the ASEAN and South Asian regional blocks. What impact would India’s ‘Act East’ Policy have upon the Indian and global economies? What is the way forward for the ASEAN region and how it can act as a driver of global growth, with India playing a major role? Intern(s) is(are) expected to study and analyze issues and produce a comprehensive report.
PROJECT2: Sector-Specific Reports: Intern would primarily focus on service sectors like IT & ITeS, Tourism, Banking & Financial Services, Environment, Agriculture & Food Processing;
PROJECT3: Macroeconomic Reports on India as an Investment Destination: With changes made in Indian FDI policy, several other macroeconomic policies, and tax structure in India, the country has started attracting a significant volume of investment from foreign counties. Some key sectors of the country have witnessed changes in terms of performance, revenue generation, and employment opportunities, and will continue to do so as time progresses. The intern is expected to work on the macroeconomic profile of the country by focusing on a few select sectors.
Qualifications: IIP candidates should have a fair understanding of the global, Asian and Indian socio-economic scenarios and should be able to contribute significantly towards the framing of future forecasts and trends. Sound domain knowledge in areas such as agriculture and food processing, environment and climate change, IT and ITeS, banking, finance & capital markets, etc. would be an asset. IIP candidates with interests in economics, sociology, public policy, politics, agricultural economics, and the environment are encouraged to apply. Skills in statistical tools required for forecasting and trend analysis would be an asset, as would Hindi speaking and comprehension skills. A working knowledge of Microsoft Office and other software packages and statistical tools for trend forecast and analysis would be useful.