FM holds Pre-Budget consultation with FMs of States/ UTs for Budget 2021-22



Quick Summary
Finance Minister Nirmala Sitharaman has held a pre-budget consultation meeting with the Finance Ministers of various States and Union Territories for the upcoming Budget 2021-22. The meeting, conducted via video conference, saw participation from Chief Ministers, Deputy Chief Ministers, and senior officials. The Finance Minister emphasised cooperative federalism and the Union Government's support for states during the pandemic, with many participants thanking her for financial assistance. Numerous suggestions were also put forward for consideration in the budget.

Finance Minister, Nirmala Sitharaman held a meeting for pre-budget consultation along with the Finance Ministers of States/UTs (with legislature) for the Budget 2021-22 via video-conferencing. Read the official headlines below:

The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman held the pre-budget consultations with the Finance Ministers of States and Union Territories (with Legislature) here today. The meeting was held through Video Conference and was attended by Chief Ministers, the Deputy Chief Ministers, Finance Ministers, Ministers and Senior Officers from the States/Union Territories and the Union Government.

Pre-Budget Talks: FM Meets State Finance Ministers for 2021-22

The Union Finance Secretary Dr A.B. Pandey welcomed all the participants to the deliberation and informed the importance of this particular consultation meeting. The Union Finance Minister highlighted the importance of this meeting as a sign of co-operative federalism and indicated the manner in which the Union Government was strongly supportive of States/Union Territories (with Legislature) fight against the pandemic. Most participants thanked the Union Finance Minister for financially supporting their States/Union Territories during the worst months of pandemic, by enhancing borrowing limits and providing back to back loans to States. The participants also gave numerous suggestions to the Union Finance Minister for inclusion in the Budget Speech.

FAQ :

The Union Finance Minister, Nirmala Sitharaman, met with the Finance Ministers of States and Union Territories (with Legislature).

The meeting was a pre-budget consultation for the Budget 2021-22, where suggestions were gathered and the Union Government's support for states was discussed.

The consultation was held via video conference.

Chief Ministers, Deputy Chief Ministers, Ministers, and Senior Officers from States/Union Territories and the Union Government also attended.

Many participants thanked the Union Finance Minister for financially supporting their States/Union Territories during the pandemic by enhancing borrowing limits and providing loans.

The Union Finance Minister highlighted the importance of the meeting as a sign of cooperative federalism and indicated the Union Government's strong support for states in their fight against the pandemic.




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