Thursday, May 27, 2010

Budget Analysis of Parliament. . . . . . . . . . February 19, 2010

Speaker: Just 7 days before the D-day of the budget, NISCORT had Mr. Paranjoy Guha Thakurta as its guest speaker. Mr. Paranjoy Guha Thakurta is a journalist with years of experience in print and electronic media. . He has worked in various media organizations including in companies bringing out publications such as Business India, Business World, The Telegraph, India Today and The Pioneer. He was also the anchor for “India Talks” on the CNBC-India television channel. He is the best person to be approached when it comes to a topic like political economy.

Issues covered: Economy, being the main part of our life affects all of us in some way or the other. The lecture covered a collection of topics ranging from finance, statistics, social science and many other research findings. He brilliantly interconnected basic concepts such as income source, financial transaction, inflation as well as value of goods and services which would definitely help the students who are clear about taking Business or Agriculture as their Journalistic Beat area. When queried about India’s economy whether as compared to that of Japan and China, Mr. Thakurta replied that corruption is the main factor that keeps us lagging behind. In an interesting manner he put forward Hindi connotations “Sakal Gharelu Utpad” and “Niryaat”.

Presentation Style: The session on Budget Analysis was very informative. He initiated the lecture by asking a simple question, “Do you know economics?” Realising that most of the students are alien to the subject he explained the complex structure of India’s economy by giving various examples

Evaluation: The mass communication students got a clear picture of how economics enables us to understand the ‘WHY’ factor and has a direct impact on us. . Mr. Thakurta was able to simplify the intricacies of Indian Parliamentary Budget. The lecture proved to be beneficial for the students in understanding the ins and outs of economic system of our country.




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