Finance minister Nirmala Sitharaman to hold pre-budget consultations with leading economists today – Hindustan Times

Dec 22, 2021
ANI 20211220280 0 1640135178357 1640135201551

Union finance minister Nirmala Sitharaman will on Wednesday maintain pre-budget consultations with distinguished economists. The assembly will probably be held nearly.

“Union finance minister Nirmala Sitharaman will chair Pre-Price range consultations with distinguished economists tomorrow afternoon, twenty second December 2021, in New Delhi in reference to the forthcoming Basic Price range 2022-23,” the finance ministry mentioned in a tweet on Tuesday.

Since December 15, Sitharaman has been holding pre-budget consultations with representatives of assorted sectors. She has sought inputs from business our bodies, farmer organisations, economists and the consultants of the companies sector for reviving consumption and progress which is hit by the continued coronavirus illness (Covid-19) pandemic.

The Union finance minister’s first assembly was with agri consultants and agro-processing business. Sitharaman has held six such pre-budget consultations until now with the most recent one held on December 18 with stakeholders from well being, schooling, rural growth and water and sanitation.

She is about to current the Union Price range on February 1, subsequent yr.

Aside from Sitharaman’s pre-budget consultations, Prime Minister Narendra Modi too has been assembly business leaders. On Monday, he held pre-budget interactions with CEOs of corporations from numerous sectors of industries.

Through the interplay, PM Modi talked in regards to the inherent power of the nation, displayed in the course of the battle in opposition to the Covid-19 pandemic.

“Similar to the nation aspires for a podium end on the Olympics, the nation additionally desires to see our industries among the many prime 5 of the world in each sector, and that is one thing for which we must always collectively work in the direction of,” Modi mentioned, in response to a press release by the Prime Minister’s Workplace (PMO).

He thanked CEOs for his or her inputs, recommendations and exhorted them to make full use of insurance policies such because the Manufacturing Linked Incentive scheme.

The Prime Minister underlined coverage reforms saying that the Centre is firmly dedicated to taking initiatives that may give impetus to India’s financial progress.