The Budget Session of Parliament will begin on 22nd of this month and on 23rd Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 in the Lok Sabha.
Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman today held talks with the members of Niti Aayog and top economists in New Delhi ahead of the Union Budget to be presented on July 23.
Niti Aayog Vice-Chairperson Suman Bery and other members of the think tank attended the talks on economic issues.
Planning Minister Rao Inderjit Singh, Chief Economic Advisor V Anantha Nageswaran and economists Surjit Bhalla and Ashok Gulati and veteran banker K V Kamath among others were present in the meeting.
The Budget for 2024-25 will be the first major economic document of the Modi 3.0 government, which, among other things, is expected to lay the road map for making India a developed nation by 2047.
President Droupadi Murmu, in her address to the joint sitting of Parliament last month, had indicated that the government would come out with historic steps to accelerate the pace of reforms.
She also said the Budget will effectively document the government’s far-reaching policies and futuristic vision.
The meeting followed days after Sitharaman concluded the pre-budget discussions with various stakeholders on July 7. The talks spanned over several days with 120 invitees, 10 stakeholder groups presenting their recommendations and views regarding their expectation from the Budget.
The telecom sector has sought a special regime for operators and farm groups have demanded more funds for research and development and an increase in the value of the PM-KISAN support scheme among other things.
The Budget Session of Parliament will begin on 22nd of this month and on 23rd Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 in the Lok Sabha. It will be the first budget presented by the Narendra Modi Government in its third term. During the joint sitting of both Houses of Parliament last month President Droupadi Murmu had asserted that this budget will be an effective document of the Government’s far-reaching policies and futuristic vision. She had said that along with major economic and social decisions, many historic steps will also be seen in this budget. An interim budget was presented in February this year due to the Lok Sabha Elections.
