Government Hosts Extensive Stakeholder Consultations Ahead of Union Budget 2024-25

Over 120 invitees from diverse sectors participate in discussions to shape the forthcoming budget.

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the seventh Pre-Budget Consultation with representatives of trade and services for the upcoming General Budget 2024-25, in New Delhi, on 25th June 2024.

TFP Bureau New Delhi; July 7,2024: In a series of in-person consultations, more than 120 invitees from 10 stakeholder groups, including experts and representatives from farmer associations, agriculture economists, trade unions, education and health sectors, employment and skilling, MSME, trade and services, industry, economists, financial sector and capital markets, as well as infrastructure, energy, and urban sectors, participated in the meetings.

Key government officials were present during these discussions, including Union Ministers of State for Finance Shri Pankaj Chaudhary; Finance Secretary and Secretary Expenditure, Dr. T.V. Somanathan; Secretary, Department of Economic Affairs, Shri Ajay Seth; Secretary, DIPAM, Shri Tuhin K. Pandey; Secretary, Department of Financial Services, Shri Vivek Joshi; Secretary, Department of Revenue, Shri Sanjay Malhotra; Secretary, Ministry of Corporate Affairs, Shri Manoj Govil; Chief Economic Adviser, Dr. V. Anantha Nageswaran, and senior officers from the Ministry of Finance and other concerned ministries.

During the consultations, Union Finance Minister Smt. Nirmala Sitharaman expressed her gratitude to the participants for their valuable suggestions. She assured the experts and representatives that their inputs would be carefully examined and considered while preparing the Union Budget 2024-25.

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