Workspace Partner :
Budget Hackabot
December 16-17, 2017
remind me


Think Big, Think Disruption

The Union Budget is amongst the most important events for citizens and the government alike. It affects each one of us directly or indirectly in some way or the other. Yet, each year the budget is beyond the comprehension of many of us. We are unable to cut through the chaff and understand what impact it has on our day to day life.

The nation’s premier financial destination – Moneycontrol is throwing open a challenge to you. Build something that simplifies the budget. Not just that there are a bunch of other challenges around making personal finance interesting. So, take your pick from these challenges and build something that impacts the lives of millions across India.

{Problem Statement}

Budget Bot: The challenge is to build a first of its kind interactive bot that simplifies the budget for consumers by answering queries posted by users in natural English language. For responses, the bot needs to answer from the knowledge base repository of 600+ articles prepared by the moneycontrol editorial team. The attached zip file contains all the articles published by the moneycontrol editorial team on the topic of budget 2017. Each individual article is placed in a separate XML file with the file name budget-2017-<article id>.xml. The XML file format is as below:

<URL/> – the url of the news article on moneycontrol
<Heading/> – the heading of the news article
<Summary/> – general summary of the news article
<Body/> – the news content
<Image/> – image associated with the news article
<Entry_Date> – article creation date
<Category> – the news category on moneycontrol

Queries can range from simple keyword queries to complex natural language ones (samples below). The candidate can use the programming language, libraries and trained models of his/her choice to build the query processing and execution engine. The candidate needs to demo his working solution using a web based ui.

The evaluation will be done manually by a moneycontrol panel. There will be extra marks granted for:
* Demonstration of contextual query or conversational ability by the bot
* Effective/Innovative representation of results

Input Format

Each question will be maximum 64 characters.

Output Format
The output format expected is:
* link to the article page
* relevant snippet from the article extract
NOTE: this is the bare minimum output expected for successful evaluation.
Test cases (samples only):

Sample Input
"What does budget have in for shopkeeper?"

Sample Output
The finance ministry came out with a clarification after reports suggested that some unscrupulous elements posing as GST officers have tried to fleece shopkeepers and customers in the name of GST……
For more, go to

Sample Input
"Money allocated for education in this budget"

Sample Output
The Budget Estimates for the education sector have been pegged at Rs 79,685 crore for 2017-18……

For more, go to

Sample Input
"What is the budget deficit"

Sample Output
In 2015-16 banks lent Rs 72 lakh crore (about half of India’s GDP). Of this about Rs 4.40 lakh crore accounted were lent to the Centre……

For more, go to

Sample Input
"Who is presenting the budget in parliament"

Sample Output
On Tuesday, Finance Minister Arun Jaitley will address Parliament and table the Economic Survey, which will feature economic growth forecasts, suggest policy changes and set the tone for the Union Budget to be presented on Wednesday……
For more, go to

Sample Input
"What are the benefits for entrepreneurs in this new budget"

Sample Output

The Finance Minister has extended the window for claiming a tax benefit from five years to seven years now. Now, your venture can claim a tax holiday on any three years starting April 2016 onwards. But if your startup was incorporated prior to year 2016 - too bad. There will be no tax holiday for you……

For more, go to


Moneycontrol is at the forefront in engaging audiences with our budget coverage. And this year it’s your opportunity to be part of our Budget 2018 story. Take on a challenge to collaborate and create a novel prototype in each of these segments.

Spend an entire weekend innovating and collaborating. Hear from and network with some of the best minds in Fintech. And most importantly, the winning team can see their output come alive on Moneycontrol. Ofcourse there is a prize money of INR 4 lakhs for first place and INR 2 lakhs for the runner-up up for grabs. Plus loads of other goodies!

A distinguished jury comprising of Moneycontrol’s internal decision makers as well as industry leaders will evaluate the products built by the teams. 2 teams will be shortlisted and move to the post Hackathon phase. The criteria for selection: The product should be a cutting-edge information dissemination and decision-making tool for customers around the budget. Once the shortlists are announced, the Moneycontrol product team will collaborate extensively with these 2 teams further for the next 45 days and then one product will be launched on Moneycontrol on budget day. Read more about the problems, we want you to solve.

{Registration form}

I accept the Terms and Conditions
Thank you for registering for Moneycontrol’s Budget Hackabot Challenge!
We will get in touch with you shortly.


Join us on 16th and 17th December 2017 at WeWork BKC, Bandra Kurla Complex, Mumbai

Getting there

About the Location

With a hard to beat location in the Bandra Kurla Complex - Mumbai's sophisticated new business district - this workspace couldn't be better situated for working professionals. From the city's corporate headquarters and the National Stock Exchange to trendy restaurants, and marquee live venues - BKC is where business of all kinds converge to create a vibrant work culture. WeWork BKC is spread over 16 floors and features beautifully designed shared workspaces, private offices, and conference rooms - the ideal environment to grow your business.

Recharge with our facilities

- Food & beverages will be provided at the venue. (Breakfast, Lunch & Dinner)

- Participants and guests will be given coupons at the venue

- Multiple optional breakout events during the course of the hackathon to keep you charged up

- Networking session at the end of the hackathon to meet mentors and industry leaders

Follow us on
Available On
We will get in touch with you shortly.