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They are the future economists. They are the future statisticians. They are the future rulers. The student community, looking for diverse yet key roles, decided to live upto these expectations when they chose to scrutinise the Union Budget 2004-05, proposed by the Finance Minister P.Chidambaram recently. The students and faculty of the department of Economics at the D.B.Jain College, near Adyar, recently organised a one-day seminar on Budget 2004 to scrutinise and discuss the budget in detail.
The students analysed the pros and cons of the budget and highlighted the various positives and negatives of the proposals put forward by the Finance Minister. Perceptive participants threw light on various issues such as Income-Tax ceiling, the package given to Bihar and the cess on education, among other things. Several participants were critical of the package given to Bihar and felt this was aimed an pleasing Union Railway Minister Laloo Prasad Yadav, the Rashtriya Janata Dal supremo who hails from Bihar.
Though the budget was scrutinised, debated and analysed, Chennai too figured in their list of priorities as evidenced by the overwhelming approval of the proposal to set up a desalination plant near Chennai to augment water supply to the city. Most of the participants welcomed this project.
More than 200 students attended the seminar.
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Students scrutinise Budget '04
