President Ram Nath Kovind formally inaugurated the Annual Conference of Indian Economic Association at Acharya Nagarjuna University campus near Guntur in Andhra Pradesh. Chief Minister N Chandrababu Naidu felicitated the President at the event. Speaking on the occasion, Mr Kovind said, India is one of the fastest growing economies in the world. The imaginative policy making is required to tackle the inequities in our society.