Lecture on Budget Analysis

Published on: March 22, 2025

HSMS Students Gain Budget Insights from Expert-Led Guest Lecture

On Saturday, 22nd March 2025, the Himalayan School of Management Studies (HSMS) at Swami Rama Himalayan University organized a guest lecture on “Budget Analysis 2025,” aimed at strengthening students’ understanding of the latest Union Budget and its wider economic implications. A total of 58 students from MBA II, BBA II, and B.Com II semesters participated in the session, held at the Multi-Activity Room, HSMS.

The lecture began at 2:30 PM with a welcome address that underscored the importance of budget literacy for future managers and commerce professionals. Dr. Badri Singh Bhandari, Professor of Practice at UPES Dehradun, served as the resource person and delivered a detailed yet accessible analysis of the Union Budget 2025. His presentation focused on key policy announcements, sector-wise allocations, fiscal deficit management, and the broader economic roadmap outlined in the budget.

The objective of the session was to bridge the gap between theoretical knowledge and real-world economic practices. Students were introduced to budget fundamentals such as capital expenditure, GST collections, tax reforms, and government subsidies. Dr. Bhandari’s lucid explanation helped students grasp the practical significance of budget proposals in areas like business, agriculture, employment, and digital transformation.

As a prelude to the session, HSMS conducted a Budget Prediction Competition on 30th January 2025, encouraging students to forecast budget trends. The winners were announced during the lecture. Ms. Kanika from BBA IV Semester secured the 1st position, followed jointly by Madhav Bhatia, Yukti Soni, Priya Negi, and Krishna from B.Com II Semester in the 2nd position, while Ms. Gracy Kataria of B.Com IV Semester secured the 3rd position. All winners were felicitated in front of their peers, celebrating their analytical acumen.

The lecture concluded with an interactive Q&A segment. Students raised pertinent questions on the impact of the budget on start-ups and MSMEs, changes in income tax provisions, and green economy investments. Dr. Bhandari addressed each query with real-life insights, inspiring students to think critically about fiscal policies.

The session successfully enhanced students’ understanding of budget processes and encouraged them to connect classroom theories to national financial developments. It also highlighted the importance of informed citizenship and proactive participation in economic discourse—key qualities for future leaders in business and management.

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International Endowed Chair Professor

Prof Rakesh Kumar

Prof Rakesh Kumar is the Founder and President of the Breast Cancer in Young Women Foundation (USA), dedicated to vaddressing the distinct issues affecting young women with breast cancer. He also serves as the International Endowed Chair Professor at the Cancer Research Institute of the Himalayan Institute of Medical Sciences. Additionally, he holds adjunct professorships at Rutgers New Jersey Medical School and Virginia Commonwealth University.

Dr Kumar earned his Ph.D. from the All India Institute of Medical Sciences in 1984 and began his research career at Memorial Sloan Kettering Cancer Center in January 1986. From 1988 to 2017, he held various academic and leadership positions —including faculty member, tenured professor, distinguished professor, endowed chair, department chair, and research leader—at esteemed institutions such as Memorial Sloan Kettering Cancer Center in New York and the University of Texas MD Anderson Cancer Center in Houston. From 2017 to 2022, he served as the National Chair for Cancer Research for the Government of India and as a distinguished professor, continuing his innovative work in breast cancer research.

With nearly 40 years of research and professional experience, Dr. Kumar has made conceptual contributions to the field of cancer research (h-index 108, citations >50,000). He has authored over 325 peer-reviewed publications, edited or co-edited nine books, and delivered 290 invited lectures worldwide. His work has been featured on the covers of 18 major cancer journals and has been highlighted in institutional research reports of the MD Anderson Cancer Center.

A passionate educator and mentor, Dr. Kumar has guided 67 trainees throughout his career. He serves on the editorial boards of multiple leading cancer journals and has served on the editorial boards of 21 top cancer journals. His global reputation is further demonstrated by his participation in about 100 peer-review panels for cancer research funding in the US and internationally over the past 28 years.

Dr. Kumar's innovative research has earned him numerous prestigious honors, including the Hinkle Society Faculty Award at Penn State University (1994), the Dalla/Fort Worth Living Legend Faculty Achievement Award in Basic Sciences (2004), the Ranbaxy Research Award (2006), and the Lifetime Achievement Award from the American Association of Indian Scientists in Cancer Research (2013), among others. Dr. Kumar's pioneering research continues to have a profound influence on the fields of oncology and breast cancer, opening up new opportunities for biomedical scientists and trainees worldwide.