Finance Minister Nirmala Sitharaman on Monday concluded month-long consultations with numerous stakeholders, together with representatives of the trade and social sectors, as a part of the finances preparation train.
Finance minister Nirmala Sitharaman has concluded the eighth pre-budget session with stakeholders for the upcoming Union Funds 2025-26(Ministry of Finance – X)
The consultations began on December 6, 2024, the Finance Ministry stated in a press release.
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“In the course of the in-person consultations, more than 100 invitees across 9 stakeholder groups, including experts and representatives from farmer associations & agriculture economists; trade unions; education & health sector; MSME; trade & services; industry; economists; financial sector & capital markets; as well as, infrastructure, energy and urban sector, participated in the meetings,” it stated.
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In the midst of the consultations, Sitharaman expressed gratitude to the members for sharing helpful solutions and guaranteed specialists and representatives that their solutions could be fastidiously examined and regarded whereas making ready the Union Funds 2025-26, it stated.
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Moreover, from January 10, 2025, residents might share their helpful solutions and concepts for the Union Funds 2025-26 on the MyGov platform, it stated, including, residents are inspired to actively take part on this annual initiative, aimed toward making the Funds-making course of extra inclusive with the spirit of ‘Jan Bhagidari’.
The Ministry of Finance and MyGov eagerly sit up for receiving modern and constructive solutions from residents throughout the nation.
To submit the solutions, residents can go to the MyGov platform (www.mygov.in) and contribute in direction of constructing a Viksit Bharat, it stated.
Union Minister for State for Finance Pankaj Chaudhary; Finance Secretary and Secretary DIPAM, Tuhin Kanta Pandey; Financial Affairs Secretary, Ajay Seth; Monetary Providers Secretary, M Nagaraju; Secretaries of Ministries involved, Chief Financial Adviser, V Anantha Nageswaran, and senior officers from the Ministry of Finance and Ministries involved have been additionally current throughout related conferences.
Union Funds 2025-26 is prone to be tabled in Parliament on February 1.
This could be the eighth straight Funds of Sitharaman and second full finances of the Modi 3.0 authorities, which is able to give coverage route for attaining the aim of Viksit Bharat (developed India) by 2047.