today on “Union Budget 2021-22”.
Dr. Nishi Sharma, Associate Professor, UIAMS appraised that paperless budget
of 2021-22 is very much crucial as this year Government of India has a formidable
task to achieve a fine balance between addressing economic meltdown and maintaining
deficit.
Prof. Raj Kumar, Vice Chancellor Panjab University, said that the budget
2021-22 emphasises upon strengthening not only manufacturing, financial, health care
& digitalization in India but also provides huge opportunity in the education
sector. He acknowledged that after the celebration of International Women’s Day, the
discussion on Union Budget 2021-22 at Panjab University has been initiated by a
woman economist. Prof. Raj Kumar appraised that in addition to giving a strong push
to the Indian economy, the budget reforms will strengthen the Atmanirbhar Bharat.
Prof. V. R. Sinha, Dean of University Instructions, Panjab University, said
that in view of unprecedented pandemic and its impact on the economy, it’s really
very crucial to understand how various budgetary provisions are going to affect our
lives.
Dr. Geethanjali Natraj, Director, Research and Policy, SPEC told about a
series of far-reaching tax as well as non-tax reforms of budget, aimed at energizing
the Indian economy. She illustrated how the budgetary provisions are providing
immense opportunities for the sustainable development of Indian economy. Dr Natraj
said that the budget 21-22 is incremental in nature and focuses on right areas such
as infrastructure, health and sanitation, manufacturing which will encourage private
investment and revive growth. The budget tries to give as much momentum as possible.
Dr. Natraj was pretty confident about the efficacy of budget and said that it will
remove anomalies and challenges, which impedes the Make in India policy.She said
that the government has focused on increasing expenditure to ensure that the economy
picks up. More than 220 delegates benefitted the deliberation.
Dr. Anupreet Kaur Mavi extended a vote of thanks to all dignitaries and
delegates.
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