Budget Discussion at HR college on 25th Feb, 2015

Key speakers at the debate included Dr Ajit Ranade ( Chief Economist Birla Group), Dr. Tushar Poddar (Chief Economist , Goldman Sachs India)  and Mr. Niranjan Rajadhyaksha ( Executive Editor, Mint). Mr. Rajadhyaksha made opening remarks, highlighting key aspects - effective management of demand & supply using monetary & fiscal policies, need for lower subsidies and hope for quick implementation of the GST. Dr. Poddar highlighted 3 major thrust areas - size of the deficit, size of the balance sheet and the trends in spending. Dr. Ranade summarized the talk by dwelling on the topic of mispricing & the INR 18 trillion size of the budget. He concluded by emphasizing on the need for increased per capita spending on education