Where Sachin Tendulkar hit the chords of Indian Hearts on the 16th of March, 2012; Mr. Pranav Mukherjee, Finance Minister of India unfolded the much awaited Budget 2012 to the expectations of thousands of Indians
With news channels, newspapers, magazines, politicians, sportsmen, bollywood stars and critics to the common man discussing the repercussions of the Union Budget 2012. JRE School of Management organized an event called "Budgetonomics- a panel discussion", in regards to the impact of the Union Budget on the economy of India.
To an audience of around 100 people including students, academicians and Corporates, the panel members discussed the impact of the Union Budget. CA Dr. Girish Ahuja, renowned tax-expert and author who was also the key note speaker of the event, Dr. C.S. Sharma, respected academician and Mr. Rajesh Aggarwal, principal Consultant, Accenture along with Prof. Stephen Rawlinson, President, JRE Group of Institutions and Prof. Pankaj Gupta, Director, JRE School of Management acted as the panel members to the discussion.
CA Dr. Girish Ahuja spoke about the impact of budget on the taxation policies. He gave the students insights about how a law is formed, what is the impact of the changes in the taxation slab. He also spoke about its impact on the direct and indirect taxes. Dr. Ahuja also quoted lot of interested anecdotes and shared many unknown historical facts relating to the Indian economy. He also spoke of the Indian mindset in response to taxation policies.
Mr. Rajesh Aggarwal discussed the impact of the budget on the consultants and organizations. He also mentioned about the Vodafone case when the government had to pay rupees eleven thousand crores to it. He also spoke of how the budget is progressing over the years. He also spoke of the Black Money Bill proposition to be made in the future by the Indian Government.
Dr. C.S. Sharma added that there is a lot of hope and scope of opportunities in the Indian Economy and discussed the glorious past of India from the Civil rights movement started by Mahatma Gandhi to the present scenario of modern India.
The students also made presentations on the Economic Survey, Railway Budget and the Union Budget. The panel members also discussed about the main impact of this year's budget on the domestic markets that would be largely positive with major reliefs given to sectors like Infrastructure, Power, Aviation, Coal etc.
Prof. Stephen Rawlinson spoke about the importance of such events to have an impact on oneself not only as students but also as citizens in order to be responsible. Prof. Pankaj Gupta highlighted the importance of this knowledge illuminating session on the minds of young student managers at JRE School of Management, who are soon to set out their feet to the corporate world, heading for their summer placements very soon.
Notes to Editor
About JRE Group of Institutions
With a vision to facilitate quality management and technical education, JRE Group of Institutions has been formed according to the highest international standards with state-of-the-art infrastructure. The Institute provides a truly global experience through academic partnership with Educomp Solutions Ltd., India the largest Education company with a Market cap of aprox 2600 cr and Raffles Education Corporation Ltd. ("Raffles Education Corp."), Singapore, both world class education service providers. JRE believes in broadening the outlook of the students through the delivery of AICTE approved postgraduate and undergraduate programs in Management and Engineering.
The Institute offers programs that are designed to empower the participants through quality education focusing on innovation, entrepreneurship and benchmarked management techniques. The Institute aims to create an environment in which students undergo a process of experiential learning through exposure to a range of real world practical problems and through utilizing opportunities to apply learned skills in diverse business situations.
The programs develop students' practical skills through a range of activities including industry specific training, live projects, case studies and exposure to practicing professionals.
The Institute has invested in the latest technology to ensure that the technological capabilities meet the cutting edge requirements of the industry to promote learning and to facilitate student placements. The combination of academic programs ensures that JRE graduates are attractive to recruiters' in today's competitive global market.
The school has also earned prestigious awards for itself such as Dewang Mehta Business School Award for "Best Pedagogy in Management Studies"; "Asia's most Promising B School" award by Asia's best B-School award, CMO, Singapore and the latest one by Indys B-School Awards for "Best Placement Brochure".