Saturday, July 18, 2009

Post budget analysis...


Image for representation purpose only


You must be wondering why have I attended post budget analysis 12 days after the actual budget. The reason is because this post budget analysis is by renowned economists and analyst from the industry who need time to analyze the entire fine print of the budget. The event was sponsored by Ecolibria, the Economics cell at NMIMS
The guest speakers were as follows:
1. Dr. Sunil Bhandare, Economic Advisor, Tata Strategic Management Group
2. Mr Chandrahas Deshpande, Executive Director, Maharashtra Economic development Council (MEDC)
3. Dr. Manjushree Ghodke, Chief Economist, L & T.
4. Mr. Shalin Divetia - Chartered Accountant & Taxation Expert.

Now you know why this session. All the speakers are extremely good in their domain. Dr Bhandare covered the overall economic perspective of the budget, its implications and IMF study of global economy. Dr Ghodke covered the budget implications on the Industry perspective, in particular Manufacturing. Mr Deshpande covered the economic reforms expected in the budget or in the overall economic scenario and Mr Divetia spoke about the Tax implications of this budget.

This is what the ideal post budget analysis should be according to a MBA perspective. They tried to explain each and every concern in a detailed way, which was the best part. Then there was some quiz sessions from the Ecolibria team for fun.

In all an extremely fruitful session. Its always good to know the various perspective of the economist and how they try to interpret a budget.

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