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08 Feb, 2018

Live Streaming of Union Budget 2018-19 @ GLBIMR

Live Streaming of Union Budget 2018-19 @ GLBIMR

Management students at GLBIMR, are aspiring professionals, who will be the future business leaders, therefore with a focus on the corporate readiness & professional development, GLBIMR leaves no stone unturned in preparing the budding managers. A special Live Streaming of Union Budget 2018-19, on February 1, 2018 , was organized exclusively for the students, under the guidance of Dr. Urvashi Makkar, Director General, GLBIMR. During the pre-budget session, Dr. Makkar shared her thoughts & expectations from the Union Budget 2018-19 to be presented by Mr. Arun Jaitley, Finance Minister of India and recommended all the students to focus on the budget presentation, to understand, evaluate & analyse the budget policies with an eye of Management professional.
A session by Dr. Anand Rai, Associate Professor, GLBIMR on “Economic Survey 2018”, preceded the streaming of Live Budget. Dr Rai introduced the broad theme of Economic Survey and emphasized upon its role in Budget preparation and policy formulation. Further he discussed and deliberated upon the issues relating to Balance of Payment, Role of Service Sector and Industry in Economic Growth, Inflation, Forex etc. Dr. Harsh Pratap Singh, Assistant Professor (Finance), GLBIMR extended the discussion by introducing the role of agriculture and manufacturing sector in Economic Growth.

Union Budget 2018-19, promises a boost to National Health Protection, Agricultural Income, Infrastructure, Airport Construction, Enhancing Railway Capacity, Providing Electricity to rural areas, EPF Contribution from Government for new employees and provision of employment through opportunities MSME. The Budget is Common man’s budget with focus on ease of living.

Dr. Ajay Patel, in his concluding remarks, stated that Budget 2018-19, is focused on primary societal necessities surcharge, Agriculture, Education, Health etc. Launching of world largest healthcare scheme was another highlight of the Budget. Through this session students, got an opportunity to understand different segments of the economy and to exchange views on the Union Budget, its relevance and impact on business environment and economic growth. The Live streaming of Union Budget 2018-19 was greatly appreciated by students.