Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2023-24
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chaired the pre-budget consultation meetings for Budget 2023-24 held in virtual mode from 21st to 28th November, 2022. The pre-budget meeting were concluded here today.
More than 110 invitees representing 7 stakeholder groups participated in 8 meetings scheduled during this period. The stakeholder groups include representatives and experts from Agriculture and Agro Processing Industry; Industry, Infrastructure & Climate Change; Financial Sector and Capital Markets; Services and Trade; Social Sector; Trade Unions and Labour Organisations and Economists.
Union Ministers of State for Finance Pankaj Chaudhary and Dr. Bhagwat Kishanrao Karad, Finance Secretary T.V. Somanathan; Secretary, DEA, Ajay Seth; Chief Economic Advisor, Dr. V. Anantha Nageswaran; Secretary, DIPAM, Tuhin Kanta Pandey; Secretary, Financial Services, Vivek Joshi; Secretary, Corporate Affairs, Manoj Govil; OSD, Revenue, Sanjay Malhotra, and senior officers from Ministry of Finance were also present during the meetings. Secretaries of other Ministries/Departments concerned participated through online mode.
The representatives of the stakeholder groups made a number of suggestions for the forthcoming budget that included mechanism for green certification to help MSMEs , urban employment guarantee programme to boost employment generation in urban areas, rationalisation of income tax, creation of innovation clusters, schemes for improving domestic supply chains, reduction of taxes on electric vehicle, introduction of EV policy, measures to promote India as a hub for Green Hydrogen, Social Sector Entrepreneurship Fund for Social Impact Companies, Training and Accreditation of Care Economy Workers, portable social benefit for children, National Regulatory Authority for Water and Sanitation, coverage of unorganised workers under ESIC, continuation of Public Capex, fiscal consolidation and lower customs duties, among others.
The Finance Minister thanked the participants for sharing their valuable suggestions and assured that suggestions would be carefully considered while preparing the Budget 2023-24.
Next Story :
-
Telangana Govt Seeks PMAY Fund Boost As 80% Of State Turns Urban
![Telangana Govt Seeks PMAY Fund Boost As 80% Of State Turns Urban]()
Hyderabad, Dec 23 (Maxim News): Almost 80 percent of Telangana has turned into an urban State as the government has sent the details of increased Urban Development Authorities to the Centre to seek more funds for the housing program which is one of the six guarantees of the Congress government.
-
WATCH | Six Arrested For Vandalism At Allu Arjun’s House Granted Bail
![WATCH | Six Arrested For Vandalism At Allu Arjun’s House Granted Bail]()
Hyderabad, Dec 23 (Maxim News): The court has granted bail to six individuals accused of the attack on actor Allu Arjun’s residence. The incident, which took place earlier this week, involved protestors from the Osmania University Joint Action Committee (OU JAC) who allegedly hurled stones at the actor’s house, causing property damage. The judge, after receiving the case,…
-
Born In A Remote Area, PV Is A Great Leader Who Rose To The Level Of PM: Kishan
![Born In A Remote Area, PV Is A Great Leader Who Rose To The Level Of PM: Kishan]()
Hyderabad, Dec 23 (Maxim News): Union Minister for Coal and Mines, G.Kishan Reddy has praised Bharat Ratna and former Prime Minister PV Narasimha Rao for his outstanding services to the country.
-
ED Notices Likely To KTR Today
![ED Notices Likely To KTR Today]()
Hyderabad, Dec 23 (Maxim News): The Enforcement Directorate (ED) is expected to issue notices today to K.Tarak Rama Rao (KTR), Working President of the BRS in connection with a case related to the Formula-E car racing event.
-
CV Anand Apologizes For Remarks Against National Media
![CV Anand Apologizes For Remarks Against National Media]()
Hyderabad, Dec 23 (Maxim News): Hyderabad Police Commissioner C.V. Anand has apologized. He posted a statement withdrawing his comments to the national media. He said that he lost patience when the national media asked questions about the Sandhya Theater incident.
Now you can get latest stories from Indtoday on Telegram everyday. Click the link to subscribe. Click to follow Indtoday Facebook page and Twitter and on Instagram. For all the latest Hyderabad News updates
