Mr. Bibek eloquently discussed the last three budgets and explained as how the entire show for the growth was orchestrated. While discussing the growth story in sync with the liberalization and globalization policy, he brought in the entire new perspective to look at the budget not in isolation but as a sequential process. He also critically analyzed the creation of few of the outlays, inefficiency in the usage of the funds and on the lack of any big bang announcements in the current year budget.
The effect of budget on the capital market was discussed in detail by Mr. Manpreet Sehgal, Asso. Vice President, Kotak Wealth Management. A comprehensive sector wise analysis was presented to present as how few specific sectors like Cement, IT, Automobile etc. will be affected by the budget.
The session was concluded with a thought provoking discussion between the panel members and the students. The event can best be summarized by the comment from one of the panel member: “The creation of outlays is as important as the ensuring and measuring the outcomes”.