Media Release
Mangaluru, Feb 17: Manel Srinivas Nayak Institute of Management (MSNIM) organised a special interactive session on 'Budget Analysis 2021' with eminent chartered accountant M Narasimhadas Pai, founder of M N Pai & Associates. The programme was held on Thursday February 11 at 3.00 pm at MSNIM campus at Bondel, here. The MBA students as well as faculty members of MSNIM participated in the meet.
In his address, M N Pai said, “The 2021 Union Budget is the first paperless budget announced by the Union government and it is very significant as a first step.” He encouraged the students to download the 2021 Union Budget app and outlined some of the key budget allocations. He began the interactive session by referring to the value of the budget for MBA students. He guided the students to study the features of the budget and formulate their own spot presentations on the various pillars of the 2021 budget.
The students responded by forming seven distinct groups representing all the main pillars of the 2021 Budget and each group made its presentation on their subject. The following are the main pillars presented by the MBA students: Health & Welfare, Physical & Financial Capital Infrastructure, Disinvestment & Strategic Sale, Inclusive development for aspiration of India, Innovations and R&D, Minimum Government and Maximum Governance and Direct Taxes and Indirect Taxes.
He discussed direct and indirect taxes as well as the infrastructural funds initiated by the government. He focussed on support being given to Micro, Small and Medium Enterprises (MSMEs) and start-ups. “The government will serve as a guarantor in the case of different financial support schemes for the MSME sectors,” he explained.
Devananda Pai, Secretary of Women’s National Education Society (WNES) presided over the programme. WNES Governing Council Members Ganesh Bhat, Nagar Narayan Shenoy and Institute Director Dr Molly S Chaudhuri were present on the occasion.
Dr Sharan Kumar Shetty, associate professor, coordinated the programme. Pooja introduced the speaker. Niyaritha Shetty delivered the vote of thanks. Sonia Dsouza compered the programme.