Finance Minister wraps up consultation ahead of FY25 budget
The Hindu
Finance Minister Nirmala Sitharaman prepares for Modi 3.0's first full budget, setting the path for a developed India by 2047.
Finance Minister Nirmala Sitharaman has concluded consultations with various stakeholders, including representatives of industry and social sectors, as part of the budget preparation exercise.
Ms. Sitharaman will present her seventh Budget on July 23. This would be the first full budget of Modi 3.0 which is going to set the path for Vikshit Bharat (developed India) by 2047.
Also read | Govt said to plan raise in rural housing subsidies by 50% after election setback
Last month, President Droupadi Murmu, while delivering her address to the joint sitting of Parliament, had said that many historic steps and major economic decisions will be taken in the upcoming budget session.
In her first address to the joint sitting of Parliament since the constitution of the 18th Lok Sabha, the President said, "This budget will be an effective document of the government's far-reaching policies and futuristic vision".
"Along with major economic and social decisions, many historic steps will also be seen in this budget," she said.
The Finance Ministry in a statement said the pre-budget consultations for Union Budget 2024-25 that started from June 19 onward concluded on July 5, 2024.