Budget 2009 – Guest Speaker: Mr. M. A. Sundaram
March 5th, 2009
Our Guest Speaker Mr. M. A. Sundaram spoke about the current financial crisis in the world, and its origins. The first signs of the impeding crisis started in 2007 with a slow down in SUV demand, and snowballed with the Lehman Brothers incident. He discussed the Indian Budget 2009 considering the prevailing global situation and election year. He also compared Disposable Income to Credit, Exports as a % of GDP, and Domestic Savings Rate of many countries.
Mr. M. A. Sundaram is a highly respected Ex Joint Director (Finance) Railway Board in Delhi, Finance Director B.R.P.L., Vice President (Finance) Z.I.L. He is also a Rotarian from Vasco da gama, and a visiting faculty at numerous colleges.
