Finance Minister Nirmala Sitharaman on Wednesday concluded pre-Budget consultations with stakeholders.
More than 170 invitees, representing nine stakeholder groups participated in 15 virtual meetings, a Finance Ministry statement said.
The stakeholder groups include financial and capital markets; health,education and rural development; water and sanitation; trade union and labour organisation; industry, services and trade; infrastructure, energy and climate change sector; agriculture and agro processing industry; industrialists; and economists.
The stakeholder groups made several suggestions on various subjects that included fiscal policy, including taxation; bond markets; insurance; infrastructure spending; health and education budget; social protection; skilling; water harvesting and conservation; sanitation; MGNREGA; public distribution system; ease of doing business; production-linked investment scheme, exports; branding of ‘Made in India’ products, public sector delivery mechanisms; innovation, green growth; non-polluting sources of energy and vehicles, among others.
According to the statement, the participants lauded the government’s efforts to flatten the Covid-19 curve and a strong recovery in economic growth in the second quarter of 2020-21. They further said India is among very few countries whose economic activity has risen with declining pandemic-induced fatalities.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.