Union Budget Conclave 2020

SDMIMD organized the Union Budget Conclave (post budget analysis) jointly with CII, Mysuru on 3rd February,2020. Deloitte was the knowledge partner for the occasion.

 

The event commenced with a welcome address and brief note on the program and the budget by the program convenor Dr. M Sriram, Assistant Professor, Finance – SDMIMD, Mysuru. Dr. Sriram opined that the budget has factored in the findings of the economic survey and it provided long term stimulus rather than the short term, the desired results of the new Budget would be evident only with time.

 

Dr. N R Parasuraman, Director – SDMIMD, Mysuru in his address on ‘The Indian Economy’ and Budget 2020-21 shared his thoughts on the current slowdown  of the Indian economy and observed that the budget is forward looking and future oriented.

 

The conclave had invited talks by experts on Union Budget 2020-21 from CII, Mysuru comprising of Mr. Baskar Kalale, Chairman, CII, Mysuru, Mr.Amith Kumar, Vice Chairman, CII, Mysuru, Mr. S.Ranganathan, Convener, Finance and Taxation Panel, CII Mysuru.

 

This was followed by a brief presentation on the salient features of the budget by the Post Graduate Diploma Management (PGDM) Students of SDMIMD, Mr.Souvik Dey, Ms.Priya Pandey, Mr.Ashish Prasad, Mr.Sebu Padayvatty, Ms.Syeda Zaiba.

 

Officials from Deloitte presented their views on the impact of budget announcements on taxation and indirect taxation. Mr.Baskar, Partner, Deloitte, Mr.Suresh Kumar, Partner, Deloitte, Mr. Ganesh Krishnamurthy, Director, Deloitte were the officials. The budget culminated with a discussion in the form of Q&A session.

 

The Budget Conclave 2020 was instrumental in extending an insightful, interesting and enriched learning for the invited guests which included, leading industrialists and professionals, academicians from premier institutions and the student fraternity was coordinated by Dr. M.Sriram, Assistant Professor-Finance, SDMIMD, Mysuru