The preparations for the Union Budget, which will lay the roadmap 3.0 has officially kicked off after Finance Minister Nirmala Sitharaman directed the officials to initiate the process, emphasizing the need for meticulous planning and comprehensive analysis. The Union Budget is likely to be tabled in Parliament by the third week of July, reported news agency ANI.
The key policy priorities for the PM Modi’s government would include dealing with stress in the agriculture sector, job creation, sustaining capex momentum and pushing revenue growth to stay on the fiscal consolidation path.
The upcoming Budget is expected to incorporate elements of the 100-day plan that PM Narendra Modi had asked his team of officers to prepare. After assuming charge, Sitharaman, who was briefed by ministry officials, “urged the departments to advance the NDA government’s development agenda with renewed vigour and ensure responsive policymaking to achieve the Prime Minister’s vision of a ‘Viksit Bharat’,” a statement said.
(more to come)
