Arthneeti, an intra-college event where the students take up the role of the finance minister and present the Union Budget, was conducted as part of Manthan 2018. The event was conducted in three rounds, each one being an elimination round. The first round was an online quiz on finance, economics and budget. The top 12 teams from the first round went on to the second round in which the teams had to present their analysis of the Union Budget 2018. The top 5 teams from this round went into the final round of Arthneeti where they donned the hat of Finance Minister and presented a sector-specific budget for the next 5 years based on a set of objectives and targets that the teams chose for their respective sectors. The event was judged by Ms. Mitali Chitre, Principal at Baring Private Equity Partners India, Mr. Kishor Baghri, Sr. VP and portfolio manager at ING Investment Management Pvt. Ltd and Mr. Gaurang Trivedi, an independent senior consultant with over twenty-eight years of experience.
The top five teams which presented the sector-specific budgets in the final round were Chennai Normal Kings (Industrial Production), Bong Finatics (Telecom sector), Vikings (Agricultural sector), Fin Champs (Infrastructure sector) and Chanakya (Automobile sector). The teams were given 10 minutes to present their budgets and explain the rationale behind their decisions. In the budgets presented by these teams, there were some great ideas ranging from focussing on skill development and increasing the contribution of the manufacturing sector towards the GDP to digitization and automation of the agricultural sector. Each presentation was followed by a Question & Answer session with the judges. The teams were grilled by the judges on the details of their analysis and the students impressively managed to defend their ideas before the judges.
Chennai Normal Kings were declared the winners of Arthneeti and the runners-up were Team Chanakya. The winners were facilitated during the closing ceremony.