FM Nirmala Sitharaman chairs Pre-Budget consultation with FMs of States

Last updated: 26 November 2022

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Union Finance Minister Nirmala Sitharaman has chaired a pre-budget consultation meeting with the Finance Ministers of various States and Union Territories. The meeting saw participation from Chief Ministers, Deputy Chief Ministers, and senior officials. Many attendees expressed gratitude for the financial support provided to their regions, including enhanced borrowing limits and advanced devolution installments. They also presented numerous suggestions for the upcoming Budget 2023-24, which the Finance Minister has pledged to consider.

The Union Finance Minister held the pre-budget consultations with the Finance Ministers of States and Union Territories (with Legislature) here today. The meeting was attended by Union Ministers of State (Finance), Chief Ministers, Deputy Chief Ministers, Lt. Governor of Jammu & Kashmir, Finance Ministers, Ministers and Senior Officers from the States/Union Territories and the Union Government.

Nirmala Sitharaman Chairs Pre-Budget Talks with State Finance Ministers

The Secretary, Department of Economic Affairs, Ministry of Finance, welcomed all the participants to the meeting and informed the importance of this particular consultation for the ensuing Budget.

Most of the participants thanked the Union Finance Minister for financially supporting their States/Union Territories by enhancing borrowing limits, providing two advanced devolution installments and through Special Assistance for capital expenditure. The participants also gave numerous suggestions to the Union Finance Minister for inclusion in the Budget Speech. Union Finance Minister thanked the participants for their inputs and suggestions towards Budget 2023-24 and assured to examine each of the proposals.

FAQ :

The Union Finance Minister, Nirmala Sitharaman, chaired the pre-budget consultation meeting.

The meeting was attended by Union Ministers of State (Finance), Chief Ministers, Deputy Chief Ministers, the Lt. Governor of Jammu & Kashmir, Finance Ministers, Ministers, and Senior Officers from States/Union Territories and the Union Government.

Participants thanked the Union Finance Minister for financially supporting their States/Union Territories by enhancing borrowing limits, providing two advanced devolution installments, and through Special Assistance for capital expenditure.

The participants gave numerous suggestions to the Union Finance Minister for inclusion in the Budget Speech.

The Union Finance Minister thanked the participants for their inputs and suggestions towards Budget 2023-24 and assured them that each proposal would be examined.

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