Interaction on Union Budget 2018-19 held at JSS College

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Mysuru, February 10, 2018: The Economics and Commerce Department of JSS Arts, Commerce and Science College had jointly organised an interaction programme on the Union Budget 2018-19.

Dr M. Sriram, Assistant Professor of the Sri Dharmastala Manjunatheshwara Management Development Institute of Mysuru, participated as one of the speakers. Speaking about the highlights of Income and Expenditure of Govt. of India, he opined that the budget had attempted to reduce the fiscal deficit. The Union budget 2018-19 comprises many affirmative programmes. Prominence has been given for digitalisation, providing the necessary infrastructure which is an appropriate measure, he said.

Another speaker Dr Arun Balamatti, Coordinator, JSS Krishi Vignan Kendra, Suttur, expressed his view that union budget 2018-19 has given more prominence to increase livelihood opportunities. “Providing supportive price for agricultural implements, agricultural market, secondary schools, hospitals, extending financial assistance to women self-help groups are good measures,” he said.

Professor and Columnist Prof. R.M. Chintamani spoke on various topics like fiscal deficit, income deficit, primary deficit and effective income deficit. He opined that the percentage of money spent on asset mobilisation in the loans availed by the govt. is very less. The govt. should plug its repayment of interest on old loans. Measures should also be taken to reduce unwanted subsidies,” he said. He also added that on the whole, this year’s Union Budget was a reformative budget, which has given more significance for health, agriculture and rural economy. But practical implementation is required to fulfil the objectives of this budget.

On this occasion, final year MCom students Chandana, G Vijayalakshmi, S J Tushara, M K Bojamma and P Shilpa, presented papers on various topics like salaried class, agriculture and rural economy, women empowerment, investors and industries.

College CEO Prof. B.V. Sambashivaiah and Principal Prof. M. Mahadevappa were present. Prof. D. S. Sadashivamurth welcomed, and Dr H. C. Honappa gave a vote of thanks.