Union Budget Conclave 2017

SDMIMD in collaboration with Confederation of Indian Industry (CII), Mysuru jointly organised the 4th edition of 'Union Budget Conclave 2017' the Post Budget Analysis of 2017-18 on February 7, 2017 in SDMIMD Auditorium. Dr. N.R. Parasuraman, Director & Professor-Finance, SDMIMD, welcomed the gathering and set the tone for the discussions. The conclave included invited talks by eminent persons from the Industry followed by a panel discussion featuring a question and answer session. A team of first year PGDM students presented on ‘Reflections of Union Budget 2017-18’ which set the platform for the deliberations by the panelists.

Dr. N. Muthukumar, Chairman, CII Mysuru highlighted on some of the bold initiatives taken by the government in terms of transparency in operations and impetus to infrastructural development, but was of the opinion that the budget was devoid of roadmap for GST implementation. Mr. Bhaskar Kalale, Senior Vice President and Head-India Operations, Theorem Inc, outlined on cyber security issues and the challenges for the economy to move to a digitized era.

Mr. Utsav Agarwal, Director, Bhoruka Fabcons Pvt Ltd. spoke on the nuances of how the budget has evolved over the years and highlighted the provisions in the budget for a fillip to MSMEs’. The panel members were of the unanimous view that the budget was inclusive and growth oriented. Dr. M. Sriram, Assistant Professor-Finance, SDMIMD and Coordinator of the Conclave, proposed vote of thanks.


Union Budget Conclave 2016

The Union Government presented third budget on February 29, 2016. To discuss the implication and impact of this on the Country, a Budget Conclave 2016 was held in collaboration with CII Mysore, on March 2, 2016. The key highlights of Budget Conclave 2016 was the expert analysis of Union Budget 2016 by Pricewaterhouse Coopers (PwC) and the presentation by industry leaders from Mysore region representing diverse sectors offering their perspectives on impact of the Union Budget 2016 and providing sector-specific views.


Union Budget Conclave 2015

The Union Government presented second budget on February 28, 2015. To discuss the implication and impact of this on the Country, a Budget Conclave 2015 was held in collaboration with CII Mysore, on March 4, 2015. The key highlights of Budget Conclave 2015 was the expert analysis of Union Budget 2015 by Pricewaterhouse Coopers (PwC) and the presentation by industry leaders from Mysore region representing diverse sectors offering their perspectives on impact of the Union Budget 2015 and providing sector-specific views.


Union Budget Conclave 2014

SDMIMD in collaboration with CII Mysore organized Union Budget Conclave 2014 at SDMIMD Campus on July 10, 2014. The event started with a live screening of Union Budget followed by a panel discussion represented by Dr. N. R. Parasuraman, Director – SDMIMD Mysore, Mr. R. C. Jagadesh, Chairman – CII Mysore & Director – Klueber Lubricants Ltd, Mr. S Ramakumar, Chairman – CII Finance & Taxation Panel, Mr. Phaneesh, Vice President – Finance, Rangsons Electronics, and Mr. Venkatesh – MD & CEO, RIIT. Complementing the panel view, the Mr. Jagadesh expressed satisfaction with the budget as there was an underlying positive sentiment in respect of measures needed to boost the economy. He also lauded the government’s sensitivity towards retrospective taxation. While lauding the initiatives in the education sector to set up additional institutes of AIIMS, IIT and IIM across different states, Dr N. R. Parasuraman stressed upon the need for better resource utilization for making the new IIMs effective. The panel examined other critical issues including the impact of budgetary allocation of INR 10,000 crore for augmenting start-up ventures and hailed the budget as comprehensive and forward-looking. The panel discussion was moderated by Dr Ullas Rao, Associate Professor – Finance, SDMIMD Mysore.