The Department of Economics & Banking of VVM’s Shree Damodar College of Commerce & Economics, Margao, Goa, conducted a survey titled ‘Students’ Perceptions and Expectations of Union Budget 2024’. The objective of the study was to examine the College students’ cognizance and sentiments of the Union Budget 2024. Among 296 respondents aged 19 to 20, a significant 93.9% of the students were aware of the budget’s classification into revenue and expenditure, and 76.4% recognized its relation to fiscal policy. Key expectations included a focus on education, employment, and entrepreneurship, with 68.2 % aware of the priority areas. Notably, 79.7% expressed satisfaction with education sector allocations, while 65.5% believed that the budget addressed youth needs effectively.
Awareness of job creation measures was high, with 78.7% being informed. In alignment with the government’s Viksit Bharat-2047 vision, 74% of the students were optimistic about the economic development initiatives, particularly in digital infrastructure and support for startups. However, 57.4% of respondents were dissatisfied with tax reforms, while, overall, 51.4% felt the budget met their expectations. On the whole 61.1% were pleased with the budget’s outcomes.
The activity was a joint effort coordinated by the faculty members of the Department, comprising Ms. Pretty Pereira, Mr. Sanjay Velip, Ms. Lizette D’Costa, Ms. Puja Gaonkar, and, Ms. Preity Fernandes, guided and led by the Head of the Department, Dr. Lira Menezes Gama. This innovative initiative was a featured article under Campus section on the newspaper -THE GOAN dated 05th September 2024.
Expected Outcome of the Activity:
To examine the cognizance and sentiments of the Union Budget 2024 among students of VVM’s Shree Damodar College of Commerce & Economics, Margao, Goa, and highlight the analysis to the general public.
