Union Budget Analysis Organised


Kochi: An interactive analysis session on Union Budget 2017-2018 was organised jointly by the Federation of Indian Chambers of Commerce and Industry (FICCI) and TiE Kerala at The Avenue Regent hotel here the other day.

Dr. Rudra Sensarma, Professor, Economics, Indian Institute of Management (IIM), Kozhikode, in his keynote address, said that India is finely moving along the path of fiscal consolidation.

He presented a detailed macro and micro analysis of the Union Budget. ‘‘The budget balances fiscal prudence and growth. Job, agriculture distress and banking stress are the three major challenges. We need better governance and also better fiscal performance,” he added.

Dr. V K Vijayakumar, Investment Strategist, Geojit BNP Paribas in his special address pointed out that the budget had to be assessed in the context in which it was presented. Arun Jaitley will have to meet the challenge of reviving the economy, he said while making a market and investment analysis against the backdrop of the budget.

P T Joy, Secretary, The Institute of Chartered Accountants of India, Ernakulam Branch gave a detailed analysis of the direct and indirect tax implications of the budget.

Deepak L Aswani, Co- Chairman, FICCI Kerala State Council and S R Nair, Co-Founder and Past President, TiE Kerala presented a trade and industry perspective of the Union Budget. Savio Mathew, Head, FICCI Kerala State Council, also spoke on the occasion.