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 organized 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 speaker. Speaking about the highlights of Income and Expenditure of Govt. of India, he opined that the budget had made an attempt to reduce the financial deficit. The Union budget 2018-19 comprises many positive programmes. Prominence has been given for digitilisation, providing basic 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 financial deficit, income deficit, primary deficit and effective income deficit. He opined that the percentage of money spent on asset mobilization in the loans availed by the govt. is very less. The govt. is spending more money to pay interest on old loans which should be avoided. Measures should also be taken to reduce unwanted subsidies,” he said. He also added that on a whole this year’s Union Budget was a reformative budget, which has given more significance for health, agriculture and rural economy. But effective 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.