The same day as the Union Budget speech was delivered by Mr. P. Chidambaram, Union Minister of Finance, Government of India, a Panel Discussion on Union Budget 2013-14 was conducted in the evening of February 28 2013, at the IIMB Campus.
The session involved a preliminary review of the Union Budget, macroeconomic aspects, taxation issues, stock market analysis, reactions and views on impact on the industry. The discussion was led and anchored by Dr. Charan Singh - RBI Chair Professor, IIMB. Panel members included professionals from diverse fields, who provided their insight and views on the Union Budget, from their respective areas of expertise. Two of the panelists - Mr. S. Raghavan, Senior Vice President & Business Head - Larsen and Toubro and Mr. V. K. Viswanathan, Vice Chairman - Bosch Ltd., brought in their analysis on the budget from the point of view of the corporate world and MNCs. While the taxation-related aspects of the budget were tackled by Mr. B. P. Rao - Founder & Senior Partner of B.P. Rao & Co., Chartered Accountants, analysis and reasoning from the stock market domain was provided by Mr. Ramu Sharma - Founder of Rasratha Securities & Chairman of Bangalore Commodities Ltd.
The discussion concluded with an interactive question and answer session, covering topics such as agriculture, taxation, political economy and an overall viewpoint of the budget. As a generic view, the panelists felt that much more could have been done for a more growth-oriented budget. However, it was recognized that as it was probably too close to the next general election, the finance minister had to present a responsible budget.
(L-R) S Raghavan, Ramu Sharma, Professor Charan Singh (Moderator), B P Rao & V K Viswanathan
The same day as the Union Budget speech was delivered by Mr. P. Chidambaram, Union Minister of Finance, Government of India, a Panel Discussion on Union Budget 2013-14 was conducted in the evening of February 28 2013, at the IIMB Campus.
The session involved a preliminary review of the Union Budget, macroeconomic aspects, taxation issues, stock market analysis, reactions and views on impact on the industry. The discussion was led and anchored by Dr. Charan Singh - RBI Chair Professor, IIMB. Panel members included professionals from diverse fields, who provided their insight and views on the Union Budget, from their respective areas of expertise. Two of the panelists - Mr. S. Raghavan, Senior Vice President & Business Head - Larsen and Toubro and Mr. V. K. Viswanathan, Vice Chairman - Bosch Ltd., brought in their analysis on the budget from the point of view of the corporate world and MNCs. While the taxation-related aspects of the budget were tackled by Mr. B. P. Rao - Founder & Senior Partner of B.P. Rao & Co., Chartered Accountants, analysis and reasoning from the stock market domain was provided by Mr. Ramu Sharma - Founder of Rasratha Securities & Chairman of Bangalore Commodities Ltd.
The discussion concluded with an interactive question and answer session, covering topics such as agriculture, taxation, political economy and an overall viewpoint of the budget. As a generic view, the panelists felt that much more could have been done for a more growth-oriented budget. However, it was recognized that as it was probably too close to the next general election, the finance minister had to present a responsible budget.
(L-R) S Raghavan, Ramu Sharma, Professor Charan Singh (Moderator), B P Rao & V K Viswanathan