Prime Minister Narendra Modi is set to engage with top economists this Thursday to gather their insights and recommendations for the upcoming Union Budget. This significant meeting, as reported by PTI and senior government officials, will also include Niti Aayog Vice Chairman Suman Bery and other esteemed members.
PM Modi Seeks Economists Insights Ahead of Budget
Scheduled for July 23, Union Finance Minister Nirmala Sitharaman will present the 2024-25 Budget to the Lok Sabha. This budget marks the first comprehensive economic outline of the Modi 3.0 administration, setting the stage for India’s ambition to become a developed nation by 2047.
In her recent address to a joint session of Parliament, President Droupadi Murmu highlighted the government’s commitment to introducing groundbreaking reforms aimed at accelerating progress. She emphasized that the forthcoming Budget would reflect the government’s visionary policies and forward-thinking approach.
Finance Minister Sitharaman and PM Modi Seeks Economists Insights Ahead of Budget Announcement
Finance Minister Sitharaman has already initiated discussions with a wide range of stakeholders, including economists and industry leaders, in preparation for the Budget. Many experts have called for measures to provide tax relief to individuals, curb inflation, and spur economic growth.
The Indian economy achieved an impressive growth rate of 8.2% in 2023-24. Earlier this year, in February, Sitharaman presented an interim budget for 2024-25, considering the upcoming Lok Sabha elections.
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