The Finance Minister Nirmala Sitharaman will hold her 1st pre- budget consultations with top industrialists tomorrow i.e., December 14. The finance minister will start her pre-budget consultations with different stakeholder groups from tomorrow, December 14, 2020 in New Delhi and the meetings will be held virtually, the finance ministry said. The finance minister is likely to present her second budget of Modi 2.0 on February 1, 2021.
It is a typical practice for the FINANCE MINISTER to meet different partners, including rancher's associations, financial experts, common society and industry bodies as a feature of the pre-spending plan consultative exercise. The Finance Minister takes a final call on the tax proposals after completing the pre-budget consultations. The proposals are subsequently discussed with the Prime Minister before the budget is finalized.
Recently, Finance Minister Nirmala Sitharaman has concluded a comprehensive review of Aatma Nirbhar Bharat Package (ANBP) with the Secretaries of various Ministries/Departments, the Ministry of Finance said on Sunday. In an official release, the Ministry of Finance said the Ministries and Departments concerned have started implementing the announcements under the three Aatma Nirbhar Bharat Packages. The progress of implementation is being reviewed and monitored regularly.