MBAs present the Union Budget 2017-18
08-Feb-2017
Union Budget programme has been organised by the Department of Business
Administration for the last two years inviting eminent personalities
delivering their views on the Union Budget, however this year, for the
very first time, the students of MBA shared their opinions through
Presentation & Discussion on “Union Budget 2017” covering distinct
sectors of the nation like Agriculture, Rural, Railways, Tourism,
Education, Health Care, FDI, Infrastructure, Defence, Housing, Taxation,
Communication & IT, Make In India & Manufacturing. Dr.
Shripathi Kalluraya, Economist, Mangalore University, CA Prabodh Nayak,
Mumbai & CA Dinesh Pai, Bantwal were the resource persons of the
programme who shared their inputs in addition to what the students
presented.
This began with the LIVE streaming of the Union Budget 2017-18 on Feb
1st 2017 for the MBA students in the seminar hall, which then led to
students presenting their views in groups of 4 in their respective
classes. On the basis of the presentation, 9 students were picked for
today’s event. As a further course of action, our students shall present
the Union Budget 2017 in their respective degree colleges in order to
create awareness among the youth.
During the Inaugural Ceremony, Dr. Vishal Samartha, Director, Department
of Business Administration, welcomed the gathering to the platform of
knowledge sharing wherein the financial information is converted to
wisdom. Dr. Umesh M Bhushi, Principal, reiterated that MBA course is to
be lived and not just studied and hence programmes of this nature are
organised wherein the students involve enormously and critically
evaluate the Union Budget as it has a great influence on everyone’s life
for the next one year.
Takeaways of the session include:
• As students we should analyse the background in which the budget is presented and not judge the presenter as good or bad.
• Analyse the budget in a scientific perspective and not political
perspective as one will always be biased to the political party we
favour.
• Focus should have been on Challenges in Marketing the Agricultural
products and Price fluctuations between the producer’s price and the end
customer price.
• Policy makers should pay attention to the Agricultural Productivity/Yield Rate as it is low.
• There should have been emphasis on R&D as it matters a lot when a nation needs to progress.
• Strengthen the Defence sector through Capital Investment on defence equipments.
• Health Care and other service sectors should focus on the Quality of service rather than allocating funds.
Mr. Manjunath Bhandary, Chairman who was a part of the entire programme
appreciated the Department of Business Administration for guiding the
students and executing this programme which was his plan of action for
the development of the students. The programme concluded with the vote
of thanks given by Prof. Raghavendra Prabhu, faculty coordinator of the
event. This programme shall be telecasted in V4 Channel.