AAGANAN: Budget Analysis 2010 - Keynote Address by Adhvith Dhuddu

at Reva Institute of Technology and Management on 13th March, 2010

AAGANAN Budget Analysis 2010

The recent budget was well received in many quarters as it assuaged the concerns of deficit hawks, helped the rural masses as social sector schemes continued and satisfied urbanites as tax slabs were revamped and there was renewed focus on infrastructure development. Although no speech, presentation or document can fully capture the essence of a budget, I recently spoke to 250 MBA students from different colleges about various aspects of the budget. The presentation I shared with students is given here for viewing and downloading. Comments, suggestions and criticisms/appreciation are always welcome!!

A few notes for the students.

1. You may visit the Ministry of Finance website by clicking here.

2. If you want to read the first chapter (and other chapters) of the Economic Survey, it is accessible here.

3. The Union Budget 2010 website with many resourceful links is given here.

4. A brief document that summarizes important Budget initiatives is given here.

New Rules of the Global Marketplace - Hindu Business Line Op-ed

By Adhvith Dhuddu
(Op-ed as appeared in the Hindu Business Line on January 13th, 2010)

A decade of boom and bust has culminated in a new set of global standards even as India's image has soared as a credible survivor of the financial crisis.

The first decade of the 21st century has been unprecedented in many ways with the tech bust in the early 2000s, the rise of the BRICs and other emerging economies, the commodity boom and of course, the global financial mess in the recent years. As we enter the last lap of this decade, there are many “new normals” that have been scripted in the Indian and global context.

There is a new normal in the global economic playing field: Regulatory shackles have resurfaced prominently in the western world and government is back amidst “free markets.”

Developed economies, led by the US, rewrote the rules of global finance during the crisis, which will have ramifications in the American, European and Asian continents. As countries, companies and individuals emerge out of this crisis, everyone can be sure that it's not going to be business as usual at least in the near future.