After the announcement of Union Budget 2012-13, Jagannath International Management School (JIMS), Kalkaji organized a panel discussion on salient features of budget 2012-13 and stresses in the current fiscal situation. Dr. K.B.L. Mathur, former Chief Economic Advisor in the Ministry of Rural Development, Govt. of India, the key speaker, made a comprehensive presentation, providing an insights into the budget making exercise and compulsions of the Government in balancing a complex situation. The other panelist included Mr. R.M.S. Liberhan, Director, Indian Habitat Centre, Mr. A.N. Gupta, Managing Director, Ishara Micro Finance and Advisor IFFCO Foundation and Mr. V.K.Gupta, Additional Economic Advisor, Ministry of Finance.Presenting an inclusive analysis of the budget, the discussion shed light on 'influence on expenditure flows in various sectors of economy', 'impact on growth prospects and investment plans of Industry and Agriculture'.
Apart from Budget, the experts also reviewed macro economic situation of the country, with special reference to fiscal situation and government's borrowing programme. The experts observed that the union budget targeted at important areas of economy to raise the rate of economic growth and saving potential. Further, the tax reliefs for stressed sectors like agriculture, infrastructure, manufacturing, health and nutrition etc came across as a positive sign for overall growth, but these sectors also requires more allocations. The panel discussion was followed by a Q&A session where the participants got an opportunity to put forth their views and also clarify their doubts.
Among the participants, management students showed huge interest towards the discussion and came up with interesting questions, on current fiscal situation and its impact. "For any management student, it is very crucial to update themselves on the changes that are happening in the economy as well as in industry. When it comes to economy, the union budget has a vital role to play. With rapid growth in the media, very little information on the budget is on the finger tip. However, participatory discussion can bring broader understanding of the situation and the intricacies of budget," said Dr Amit Gupta, Chairman, JIMS.
Notes to Editor
Situated in the heart of south Delhi, JIMS Kalkaji was founded in the year 1997 for imparting high quality education in the field of Management and IT in the right ambience to stimulate students and create an ideal academic environment. Since then it has been consistently ranked and awarded as one the Top B-Schools in India by Business World, Business Baron, Star News , Big Brands ,Dainik Bhaskar Lakshya, Business & Management Chronicle to name a few.The campus offers PGDM (Marketing, Finance, and Human Resource) and PGDM (International Business), duly approved by AICTE. PGDM's Comprehensive curriculum includes Personality Development with on the job training, mind teasing case studies, presentations, foreign language and exposure to National & International conferences etc. JIMS has highly qualified and top of the line scholars and practitioners from leading universities and institutions of national and international repute like IIFT,FMS,MDI, IMI ,SRCC besides corporate houses like Pricewaterhouse Coopers, AIMA, Microsoft, ICICI, UTI Bank to name a few.