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BusinessLine ’s portal for B-schoolers, BL on Campus , conducted a pre-Budget contest called ‘If I were Finance Minister…’. Students were asked what they would do to create more rural and urban jobs.
BLoC received a number of well-researched, and thought-through entries from top institutes such as XLRI, LIBA, XIMB, IIM Kozhikode, IIM Indore, Great Lakes Institute of Management and IMI New Delhi.
Rohan Chinchwadkar, Assistant Professor (Finance & Accounting area), IIM Trichy, judged the entries and chose Suyash Somani of XIMB (Xavier Institute of Management, Bhubaneswar) as the winner. “The article rightly points out that this Budget is unique because it was preceded by two of the most disruptive economic decisions in India’s history: demonetisation and GST implementation,” said Chinchwadkar of the winning entry. “The winner’s Budget is balanced and practical.”
He chose Prasanth Ganesan from Loyola Institute of Business Administration as first runner-up, reasoning: “The author understands that the Budget is an income-expenditure exercise and not a platform to announce reforms.”
Saurabh Mathur of XLRI was the second runner-up. “His Budget rightly recognises the economic and political imperatives for the Finance Minister to focus on the rural and agricultural economy,” said Chinchwadkar.
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