Punjab Engineering College (Deemed to be University), Chandigarh organized its informative Industry Academia Week from 4th-7th September 2018. Through expert talks on a wide range of relevant subjects, this event aims to bridge the gap between textbook knowledge and the real world applications of students' studies at PEC.
As a part of this initiative, on 5th September, CMA Balwinder Singh, Vice President, Institute of Cost Accountants of India addressed more than 350 students of B.Tech 2nd year (studying Economics) about the concept of "Goods and Services Tax (GST)", its application and implication in real life. Mr. Singh spoke about the changes in the economic picture brought by the amendment in the taxation system. The logic behind dissolving multiple tax system is to bring in a unifying tax all over the country; however, it is still facing some teething troubles. Implementation though is complex right now, it will have a smooth sailing in the future" Mr. Singh said. He also spoke about the intricacies of filing the tax and summed up saying, "GST is the way ahead. It is here to stay and it is our way to progress."
On 6th September, Cmdr. L. Shivaram conducted an interactive session on "Management of Innovation - A case study on vibration control on Advance Light Helicopters". The speaker has been closely involved in the development of such a system in the Advanced Light Helicopter (Dhruv) program. He has been associated with the development of indigenous aircrafts and has worked with Rolls Royce, Pilatus in Switzerland. The lecture was attended by B.Tech- Aerospace, Production, Electronics, Mechanical and Civil Engineering students and related faculty.
The expert explained how vibration in mechanical systems, over a period of time, is the main cause of fatigue failures. He explained about the mass imbalance in helicopter rotors, rotor blade adjustments and rotor balancing procedure. He highlighted the importance of Digital Signal Processing and Fast Fourier transform. The guest speaker was of the opinion that a country of 1.2 billion people cannot be forever dependent on foreign technologies. Hence, it is prudent to develop our own technologies and PEC is fully capable to take such lead. The aim is to develop balancing, monitoring, source identification and corrective mechanism system which will help maintainers to have a better understanding of the health of the aircraft.
