Finance Minister Nirmala Sitharaman will hold her first pre-budget consultations with major industrialists tomorrow, that is, on December 14. held virtually, the Finance Ministry said. The finance minister is likely to present her second Modi 2.0 budget on February 1, 2021.
It is common practice for the finance minister to meet with various stakeholders, including farmers’ organizations, economists, civil society, and industry bodies as part of the pre-budget consultative exercise.
The Finance Minister takes one last call on the fiscal proposals after completing the pre-budget consultations. The proposals are then discussed with the Prime Minister before finalizing the budget.
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