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X-WR-CALDESC:Events for 
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DTSTART:20210101T000000
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DTSTART;VALUE=DATE:20210205
DTEND;VALUE=DATE:20210206
DTSTAMP:20260712T045641
CREATED:20210726T020931Z
LAST-MODIFIED:20210803T033552Z
UID:15650-1612483200-1612569599@www.bnmit.org
SUMMARY:Analysis of Union Budget 2021
DESCRIPTION:The “Analysis of Union Budget 2021” session was organized by the department of MBA BNM institute of technology on 05 February 2021 at the auditorium of BNMIT\, Bangalore between 10:00 am to 11:15 am\, to understand the key highlights of union budget 2021. Resource person was CA.N.NITHYANANDA who is a well-known Chartered Accountant and founder of NITHYANANDA AND CO. \n  \nThe session gave the overview of the project to be undertaken by the government    and the related finance deficit and tax structures.  The budget emphasis on the economic reforms which encompasses on  pillars which is a major sector of economies. \n\nHealth and Wellbeing :- Has been taken a major portion of  the budget this year with an incremental of 137% to the previous year budget.\n\n\nIndia will spend 23 lakhs crore on health care. An amount of Rs 35000 crores will be spent on covid – 19 vaccines as a part of above.\nThe new centrally sponsored scheme “PRADHAN MANTRI ATMANIRBHARSWASTH BHARAT YOJANA”  with an outlay of INR 64\,180 crore over 6 years will be running alongside the National Health Mission.\nTo strengthen the nutritional content the supplementary nutrition program and the “Poshan Abhiyan” and the launch of “Mission Poshan 2.0”.\nUrban Swachh Bharath Mission : focus on complete sludge and waste water management\, segregation of garbage\, reduction in single use plastic\, etc.\, with a total financial allocation of Rs.141678 crores over a period of 5 years from 2021- 2026.\n\n\nCapital and Infrastructure Reforms:-Budget secondly concentrate more on infrastructure reforms\n\n\nAtmanirbhar bharat – PRODUCTION LINKED INCENTIVE(PLI) scheme is proposed to launch to provide an employment opportunities.\nMEGA INVESTMENT TEXTIAL PARKS( MITRA): Will be launched to setting up 7 textile parks .\nNATIONAL MONETIZATION PIPELINE AND NATIONAL RAIL PLAN FOR INDIA 2030 : To create future ready railway ready system by 2030.\n\n\nFinancial Reforms:\n\n\nSECURITIES MARKET CODE: Proposed to be introduced to conflate SEBI Act.\nFDI limit in insurance sector increased from 49% to 74%.\nASSETS RECONSTRUCTION COMPANY LIMITED AND ASSETS MANAGEMENT COMPANY is proposed to be setup to takeover stressed debts and dispose it to the suitable investors.\n\n\nOther Reforms: \n\n\nAGRICULTURAL INFRASTRUCTURE FUND will be made available to APMC’s\nFresh and substantial investments in developing modern fishing harbours.\nNational Education Policy will be continued.\n\n  \nBudget also made an amendment to “DIRECT TAX LAWS” –  \n\nExemption for senior citizens (75 years or more) from filling income tax returns having income from pension and bank interest.\nNational Faceless procedures proposed for income tax Appellate Tribunal and dispute resolution committee.\nDeduction towards interest paid on loan availed for purchase of affordable housing projects extended till 31 March 2022.\n\nBudget also propounded a key amendments made to the “Companies Act and LLP “:- \n\nSmall company are amended to increase the share capital to Rs.2 crores\nNRI arepermitted to open one person company with a condition to stay in India for a period of 120 days in a year or more.\n\n 
URL:https://www.bnmit.org/event/analysis-of-union-budget-2021/
CATEGORIES:Home,MBA DEPT
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DTSTART;TZID=UTC:20210206T180000
DTEND;TZID=UTC:20210206T190000
DTSTAMP:20260712T045641
CREATED:20210726T021130Z
LAST-MODIFIED:20210803T033513Z
UID:15653-1612634400-1612638000@www.bnmit.org
SUMMARY:Introduction to Product Management & Entrepreneurship
DESCRIPTION:A guest lecture on “Introduction to product management & entrepreneurship” was conducted for 1st semester MBA students on 6th Feb 2021.  The speaker Mr.Kartik Suryanarayan\, a Product Manager\, experienced in B2B\, Enterprise Tech\, Product Strategy\, and a model gave an insightful session to the students. \nThe curtain raiser was with a video of Beethoven’s 9-Chicago symphony orchestra- Riccardo; to explain how Mr. Riccardo had multi- sync with all the musical instruments to create a beautiful melody similarly product managers sync departments to achieve the goal. \nThe speaker decides to conduct an activity; The topic was “know your product.” Then he divided the whole class into 5 groups and asked for volunteers from each group\, instructed the group to discuss and select the problem which common people face in their day to day life. He also mentions elements which should be discussed among the members of the group\, they are: – solutions of the problem\, advertisement\, channels\, customer segments\, cost structure and finally revenue of product and services. \nThe topics chosen by students were; traffic problems\, misuse of technology\, pollution\, the rise of petrol prices\, and garbage issues. \nHe asked students to brainstorm within the group and present their ideas. He listened carefully to the presentation; on the spot\, Mr. Kartik explains the positive and negative aspects of the product and services. \nHe started to note down the points in the lean canvas model where he was jotting down the problem and possible solutions. Lean canvas model is feasible for new products and to develop new markets for existing products business canvas model can be used. \nHe conducts this activity\, so the student can understand the way\, the product manager or entrepreneur should plan to succeed. Students were very enthusiastic and energetic throughout the session.
URL:https://www.bnmit.org/event/introduction-to-product-management-entrepreneurship/
CATEGORIES:Home,MBA DEPT
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