Finance Minister Nirmala Sitharaman held pre-budget consultations with representatives of the social sector on Thursday, December 17, forward of the Union Budget 2021-22. Along with Finance Minister Nirmala Sitharaman, Finance Secretary Dr A.B. Pandey, Department of Economic Affairs (DEA) Secretary Tarun Bajaj, Chief Economic Advisor (CEA) Ok V Subramanian apart from different senior officers had been additionally current within the assembly. On Monday, December 14, with high industrialists within the nationwide capital, in response to the Ministry of Finance. The finance minister is more likely to current her second price range of the Modi 2.zero authorities on February 1, 2021.
Union Finance Minister Smt. @nsitharaman holding her sixth Pre-Budget consultations with Stakeholders of social sector in reference to the forthcoming Union Budget 2021-22, in New Delhi right this moment. (half of) pic.twitter.com/Nxh4VdhImC
— Ministry of Finance (@FinMinIndia) December 17, 2020
The Finance Ministry stated in an official assertion that, the Ministries and Departments involved have began implementing the bulletins below the three Aatma Nirbhar Bharat Packages. The progress of implementation is being reviewed and monitored usually.
Ahead of presenting the union price range, it is a standard follow for the finance minister to satisfy numerous stakeholders, together with economists, farmer’s organizations, civil society in addition to trade our bodies as a part of the pre-budget consultative train. Subsequently, the Finance Minister takes a ultimate name on the tax proposals after contemplating the strategies and finishing the pre-budget consultations. The proposals are mentioned with the Prime Minister earlier than the price range is finalized.