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With just a week to go for the Union Budget, expectations are high on how the Modi government 2.0 will tackle the current economic situation.
Traditionally, the first Budget of the new government is a harbinger of its policies for the next five years. Despite the successful implementation of the Goods and Services Tax, fiscal consolidation and gaining confidence of foreign investors in its first term, the government faces many challenges such as slowing GDP growth and sticking to fiscal discipline. It is also expected to spell out policy decisions for revving up the manufacturing sector and job creation, reviving investments, improving farmers’ incomes, cleaning up of bad loans of banks and turmoil in the NBFC sector. Another round of structural reforms are also expected and the middle class is hoping for some tax sops.
BusinessLine will present the Countdown to the Union Budget 2019 on Friday, June 28 at Dr RH Patil Auditorium, NSE, Mumbai. Shriram Transport Finance Company and Multi Commodity Exchange of India are the event sponsors. NSE is the venue partner and NewsX is the media partner. The event starts at 10 am with a keynote address by Satish Kashinath Marathe, Director, Central Board of Reserve Bank of India.
This will be followed by three separate sectoral panel discussions on manufacturing, agriculture, banking and finance, with eminent leaders of the industry and analysts giving their take on policy measures to boost the economy.
A high-powered initiative which brings together industry leaders, experts and stakeholders from various fields who will give comprehensive views and analysis of the challenges on the economic front and what can be done in the Budget for “Rebooting Growth” — the theme of this year’s conference.
The panellists include Shyam Srinivasan, MD and CEO, Federal Bank; Seshagiri Rao, Joint MD & Group CFO, JSW Group; B Rajkumar, Deputy CEO, Indian Banks’ Association; Rahul Prithiani, Director, CRISIL Research; Umesh Revankar, CEO/MD Shriram Transport; KVS Manian, President, Kotak Mahindra Bank; Sachchidanand Shukla, Chief Economist, Mahindra Group, Udit Sheth, Vice-Chairman, Setco Automotive Ltd, Yogesh Thorat, Managing Director, MahaFPC; G. Chandrashekhar, Policy Commentator and Agribusiness Specialist, and Debojyothi Dey, Assistant Vice-President, Research, Multi Commodity Exchange of India Ltd.
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