Panel discussion on Union Budget 2022

Aligarh: The department of Commerce, AMU organized an online panel discussion on “Union Budget 2022” preceded by keynote address for students, professionals, policy makers, faculty members and research scholars. Around 300 participants from different parts of the country attended the programme.

The keynote speaker for the session Prof Aman Agarwal (Dean & Director, Indian Institute of Finance), elaborated on the historical dimensions of the union budget in India and contextualized the present budget. He stressed that the current budget has a long-term vision and justifies the global economic need.

Dr Praveen Kumar (IRS, Commissioner, Excise & Import Tariff, Delhi), elaborated on the budgetary allocation for social and economic activities and how they can push the economic growth of the country.

Prof Nawab Ali Khan, Chairman, Department of Commerce, AMU said that Union Budget 2022 has provided a roadmap towards economic stability and growth. He deliberated on key infrastructural measures, inclusive growth, and sustainable development declared in the Budget.

Prof Ravi Inder Singh (University Business School, Punjab) critically examined the budget on the parameter of generating employment opportunities as well as reducing the income inequality. He concluded that the Union Budget 2022 should focus on minimizing economic uncertainty as well.

Mr Vijendra Singh Vikram (Former Chief Manager, Allahabad Bank), highlighted that the Union Budget 2022 should be seen as a post pandemic initiative for recovering the economy. The allocation for the education sector is important to improve human capital in the country and the budget will go a long way to do that, he added.

Chartered Accountant, Avan Kumar Singh (Director, Bombay Mercantile Cooperative Bank, Aligarh), focused on the tax provisions and ease of doing business aspects of the Union Budget. He illustrated the strict clauses in the tax policies.

Prof Nasir Zamir Qureshi (Dean, Faculty of Commerce, AMU) discussed key highlights of the Union Budget including the new stimulus packages for different sectors.

Prof Mohd Shamim (Department of Commerce, AMU) expounded the need to evaluate the previous fiscal budget and identify its success rate.

Dr Suhalia Parveen presented a welcome address and moderated the panel discussion and vote of thanks was delivered by Dr Mohd Nayyer Rahman.

 

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