Pre-Budget consultation: Finance minister to meet infrastructure, financial stakeholders on Thursday

Union Budget 2022-23: The pre-budget meeting with various stakeholders will continue on Thursday as well. Finance Minister Nirmala Sitharaman will hold her first meeting on Thursday with stakeholders related to infrastructure and climate change.

The second meeting will be held in the afternoon with experts from the financial sector and capital markets. The meeting will be held virtually through video conferencing. This information was tweeted from the official Twitter handle of the Ministry of Finance.

First pre-budget meeting with agriculture sector experts

A joint meeting was held on Wednesday with experts from agriculture and agro-processing industries. The meeting was held by both Minister of State for Finance Pankaj Choudhary and Bhagwat Karad. Finance Ministry officials were also present in the meeting along with experts from these fields. Finance Minister Nirmala Sitharaman could not attend the meeting as she was busy in Parliament.

Less than two months are left for the presentation of the budget for 2022-23. Finance Minister Nirmala Sitharaman will present her fourth budget on February 1, 2022. The Finance Minister is expected to hold pre-budget meetings with industry representatives, health, education experts as well as economists, trade union leaders, MSMEs as well as startups. Agriculture sector, agro-processing industry.

The budget will be presented in the shadow of the Omron variant

It is expected that while presenting the budget for 2022-23, the Finance Minister will have to prepare the budget keeping in mind the new form of Corona. However, it is a matter of satisfaction for the government that the GST collection is increasing.

According to the latest GDP figures, the economy is showing growth at the rate of 8.4 percent. It is believed that in the budget, the entire focus of the Finance Minister will be on strengthening the infrastructure in the country. But rising inflation has become the biggest challenge for the Finance Minister.

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