FM Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2023-24



Quick Summary
The Union Finance Minister, Nirmala Sitharaman, has concluded a series of pre-Budget consultation meetings for the upcoming Union Budget 2023-24. These virtual meetings, held between November 21st and 28th, 2022, involved over 110 participants from seven diverse stakeholder groups, including agriculture, industry, finance, and the social sector. Various suggestions were put forward, covering areas like green initiatives for MSMEs, urban employment, tax rationalisation, and support for electric vehicles.

Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman chaired the pre-budget consultation meetings for Budget 2023-24 held in virtual mode from 21stto 28thNovember, 2022. The pre-budget meeting was concluded yesterday. More than 110 invitees representing 7 stakeholder groups participated in 8 meetings scheduled during this period. The stakeholder groups include representatives and experts from Agriculture and Agro Processing Industry; Industry, Infrastructure Climate Change;
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FAQ :

The pre-Budget consultation meetings for Union Budget 2023-24 were held virtually from 21st to 28th November 2022.

More than 110 invitees representing 7 stakeholder groups participated in the meetings.

Suggestions included mechanisms for green certification for MSMEs, urban employment programmes, income tax rationalisation, schemes for domestic supply chains, EV tax reductions, and measures to promote India as a Green Hydrogen hub.

Union Ministers of State for Finance, the Finance Secretary, Secretary of DEA, Chief Economic Advisor, and other senior officers from the Ministry of Finance were present.

The Finance Minister thanked the participants and assured that their suggestions would be carefully considered while preparing the Budget 2023-24.




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