Draft the budget - Competition

“Don't tell me what you value, show me your budget, and I'll tell you what you value.” ― Joe Biden

Draft the Union Budget 2015 with your economic strategies, monetary ideas and financial viewpoint.

Draft the Union Budget 2015 with your economic strategies, monetary ideas and financial viewpoint.

Day: 4

Date: 21st Feb

Time: 9.00 am onwards

Key consideration before making budget:-

Budget Document should start with current economic condition followed by government Receipts, Expenditure and final revenue surplus (Deficit) Source of Revenue how they will fund throughout the year, how they raise money from the market.

• Expenditure - Revenue Expenditure and Capital Expenditures, Plan and Non-Plan Expenditure. ( Current/Projected )
• Next Year Revenue Target - Capital Receipts, Tax and Non- Tax Revenue. ( Current/Projected )
• Deficit Indicator - Revenue Deficit, Gross Fiscal Deficit, Net Fiscal Deficit. ( Current/Projected )
• Financing of the deficit by the government
• Tax Reforms – Direct Tax (Individual & Corporate) ; Indirect Tax ( VAT, Sales Tax, Excise, Customs)
• Outlook on Inflation - Should be in line with RBI (Current/Projected)
• GDP Growth Rate (Current/Projected)
• Current Account Deficit ( And % of GDP for the Current/Projected)
• Capital Account Deficit/Surplus ( And % of GDP for the Current/Projected)
• FDI limits in various sectors
• FII limits in Capital market and Money Market
• Infra Reforms ( Includes Both Urban and Rural )
• Banking & Insurance Reforms
• Foreign Trade Reforms
• Sector wise benefits
• Society welfare

Key Criteria : Reasoning, Economic Views, Accuracy

Rules & Regulations

• There can be a maximum of 2 participants per team.
• Only top 5 business proposals shall be short-listed

Interested candidates can register with their respective placement heads latest by 8am, 21st Feb 2015