I was really impressed when I attended this seminar...NRI
Harbhajan Singh
"Aam
Aadmi Ka Budget"
(Budget of commom
man) (Aam
means common and Aadmi means man)
(ABS Pre Budget Survey in
Tricity)
Chandigarh, Feb. 28, 2008
NRI, Harbhajan Singh
If India is to be a global economic powerhouse it is essential
to nurture this pure knowledge sector. THE MUCH sought after Indian
workforce that has propelled India to the top of several global
competitive indices is not only attracting prospective employers
to the country but also the education system behind this workforce
is now driving a prolific education market. It seems to be a boom
time for the education industry in India as the concept of business
through education catches up with the Indian market.
It is believed that based on the current and future manpower
requirements of the various sectors, there is a huge demand-supply
gap in the education space. This has attracted many players to
invest in education and training institutions with the aim of
building valuable franchises that can be rapidly scaled up. As
a NRI from New York, I was really impressed when I attended this
seminar:
Aryans Business School (ABS) organized a Seminar on 'Aam
Aadmi Ka Budget' today at Chandigarh Press Club, Sector
27, Chandigarh. The seminar was organized to declare the result
of Pre Budget Survey conducted by ABS's MBA students in Tricity.
Mr. Pardeep Chhabra, Mayor, MC, Chandigarh; Mr. Satish Goel, Zonal
Manager, Bank of India, Chandigarh; Mr. P.K. Verma, Regional Director,
PHDCCI, Chandigarh; Mr. Vikram Hans, President, Chandigarh Management
Association; Mr. Alok Krishan, NIRC, ICAI, Chandigarh were the
judges on panel in the seminar. Renowned Management Experts including
Prof. S.P. Singh, (Former Chairman, UBS, PU, Chd) and Dr. K.K.
Mangla (Former Chairman, UBS, PU, Chd) also graced the occasion
with their presence.
Mr. Anshu Kataria, Chairman, Aryans Group, presided over the
seminar and greeted the Chief guests with a warm welcome. He lauded
the efforts made by students during survey. In the survey ABS
MBA students went door to door in tricity to know the public opinion
on budget. For this a sample of 500 persons from tricity comprising
various segments including Industry, Consumers, Farmers, Defense,
Salaried class etc was taken.
Speaking on the occasion Mr. Pardeep Chhabra, Mayor, MC, Chandigarh,
said ABS has shown tremendous growth in the very short span of
one year. With such a success rate it will soon become the top
B-school of the Punjab. Mr. Satish Goel, Zonal Manager, Bank of
India, Chandigarh appreciated the Management & Faculty of
ABS for such an effective & creative way of developing knowledge
and interest of the students. Mr. P.K. Verma, Regional Director,
PHDCCI, Chandigarh said it is first time in Chandigarh that students
of any B-School has conducted the survey to know the expectations
of common man from the union budget.
Mr. Vikram Hans, President, Chandigarh Management Association
wished good luck to the management, Faculty & students of
Aryans Business School and said Aryans Business School is sure
to reach the new horizon of success. Mr. Alok Krishan, Chairman,
NIRC, ICAI, Chandigarh, congratulated students for their immense
effort. While addressing the students Management Expert Prof.
S.P. Singh and Dr. K. K. Mangla, Dr.Parveen Kataria also shared
their valuable knowledge with MBA students.
For this, 10 groups of 6 MBA students each was formed, after
analyzing the data ''Aam Aadmi Ka Budget'' was presented before
a panel of experts
Following were adjudged as winners:-
1st : Ravigeet, 2nd : Kiran Sonic, 3rd: Wahid Jilani
Apart from above following 10 students received consulation
prizes:
1) Inderpal Singh, 2) Hemant Watts, 3) Siddharth Bhandari, 4)
Swati Singla, 5) Rupinder Singh
6) Sakshi Mehandiratta, 7) Karandeep Singh, 8) Anamika, 9) Lakshmi
Roy, 10) Hemant Khurana
Survey Highlights
Survey findings showed that:
Tricity's (60% to 62%) of the respondents feel that tax limit
exemption for senior citizens should be around 2,20,000
Tricity's (60% to 62%) of the respondents feel that tax limit
exemption for women should be around 1, 75,000.
Tricity's 65% of the respondents feel that tax limit exemption
for individuals should be around 1,50,000
Tricity's 50% of respondents want fringe benefit tax(FBT) should
not be continued
56% of respondents want that the service tax rate should be decreased.
Tricity's 48% of the respondents feel that banking cash transaction
tax should be abolished
Tricity's 54% of the respondents feel that Defence allocations
in the budget should be higher
Tricity's 56% of the respondents feel that interest received
on NSC VIII should be exempted from tax
76% of the respondents said budget to come will pay a crucial
role in defining growth trajectory of the country.
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Aryans Business School began offering MBA programs
since 2007. As one of the fast chain of business schools, Aryans
Business School has received national and international recognition.
The programs are based on a tradition of excellence in research
backed by extensive management and consultancy experience.
Max New York Life Insurance, HCL Infotech &
Amrit Banaspati Company Ltd. (ABC) showed keen interest in “Earn
While You Learn” scheme of Aryans Business School (ABS).
It is to be mentioned that ABS had recently launched this scheme
for its MBA/PGDM students. ICICI Prudential had picked up 8 students
earlier under this scheme. The scheme is designed for those students
who are interested to finance their education independently. It
also enables the students to gain work-ex along with the degree
courses.
Anshu Kataria, chairman,ABS said that the scheme
launched by ABS is getting good response from the corporate houses.
The selected students would get a chance to earn+learn in the
following time period of their education. It will not only fetch
them good money but at the same time it will provide them good
industry exposure.