The Union budget is the most important fiscal policy tool for the State to achieve its development objectives. The budget is the revenue (taxes and non-taxes) and expenditure program for the year. The tax policy better addresses the problem of inequality whereas public expenditure looks at poverty alleviation. Both these policies should follow the sound principles of economics.
The pre-budget conclave organized by Center for Management Studies, Jain University is a platform for academicians and students in shaping their future through a prudent budget. It is a get-to-gather for students and faculty of economics and other social sciences disciplines including management to critically think for the ways and means for a pragmatic approach towards the Union Budget.