The Rourkela chapter of the Institute of Cost Accountants of India, at Sector-17 here organised a panel discussion on ‘Union Budget 2017-18’ on Sunday.
Rourkela Steel Plant CEO Ashwini Kumar inaugurated the talk as chief guest. He emphasised on the financial prudence in every activity of the business. RSP GM (F&A) Bashir A Masoud, as guest of honour narrated the specialty of theis year’s Budget that is preponement of budget presentation on February 1 and inclusion of Railway Budget with General Budget. Rourkela Chapter of Cost Accountants Mihir Kumar Sahoo welcomed the august gathering. In his welcome address, he elaborated about the profession undertaken by the institute of cost accountants of India, Rourkela chapter and role of cost accountants. He also explained the importance given to the areas in the present Budget to counter inflation, providing housing, development of infrastructure, accountability and transparency to ensure optimal development of resources. GC Satapathy gave the vote of thanks. During the second session, Mrityunjaya Acharjee, associate vice president, Balmer lawrie, joined as chief speaker and gave a detailed analysis of the budget provision and its impact in different sector. Regional council member of ICAI Shiba Prasad Padhi moderated the panel discussion. The participants had lively interaction with the panelists on various issues of Budget. The session was anchored by RR Sarangi. The vote of thanks for the session was offered by PK Rout.