Budget Live has been organized in the conference hall of
SMS Varanasi. In this session Live telecast of budget
has been experienced by the students of PGDM, in which
Finance Minister, Sri P. Chidambaram was presenting
the details of budget. As per expectations, seeing
the financial conditions of country, budget is more
economy oriented and less political in nature.
Budget was presented mainly in relation with Financial
Deficit, Fiscal deficit and Gross Domestic Product.
Optimization of the government expenditures, encouraging
the industrial galleries, connecting the post-offices
with the core banking solutions, insurance services
from the banks, special bank for women, separate arrangement
for human resource skill development, diversification
of crops, putting surcharge on yearly income above
one crone were the mainly discussed provisions of
Moreover, no new relief has been offered for salaried
persons in relation to tax slab. In totality this
is a mixed type of budget, which puts burden on one
side and promises to improve the economy and growth
rate on other side. On coming Saturday, repeated interaction
of students and faculty members has been called by
Prof. P. N. Jha, Director, SMS Varanasi,
to explore some unseen aspects of budget. Budget session
has been attended by Prof. J. P Mishra,
Dean, SMS, Mr. Alok Kumar, Associate
Professor, SMS, Mr. Amitabh Pandey,
Reader, SMS, Dr. Meenakshi Singh,
Senior Lecturer, SMS.
Senior Lecturer Mr. Rishi Raman Singh
has explained the budget related terminologies and
elaborated the economic aspects of same.