The Pre-Budget consultations for Union Budget 2024-25 that started from June 19 onward in the Ministry of Finance and chaired by Union Minister for Finance & Corporate Affairs Nirmala Sitharaman, concluded on July 5, informed a report by Press Information Bureau (PIB).

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chaired the seventh Pre-Budget Consultation with representatives of trade and services for the upcoming General Budget 2024-25, in New Delhi June 25.

In the course of the in-person consultations, more than 120 invitees across 10 stakeholder groups, including experts and representatives from farmer associations & agriculture economists; trade unions; education & health sector; employment & skilling; MSME; trade & services; industry; economists; financial sector & capital markets; as well as, infrastructure, energy and urban sector, participated in the meetings.

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Union Ministers of State for Finance Pankaj Chaudhary; Finance Secretary and Secretary Expenditure, Dr. T.V. Somanathan; Secretary, D/o Economic Affairs, Ajay Seth; Secretary, DIPAM, Tuhin K. Pandey; Secretary, D/o Financial Services, Vivek Joshi; Secretary, D/o Revenue, Sanjay Malhotra; Secretary, M/o Corporate Affairs, Manoj Govil, Secretaries of Ministries concerned, Chief Economic Adviser, Dr. V. Anantha Nageswaran, and senior officers from the Ministry of Finance and Ministries concerned were also present during relevant meetings.

In the course of the consultations, Union Finance Minister Sitharaman expressed gratitude to the participants for sharing valuable suggestions and assured experts and representatives that their suggestions would be carefully examined and considered while preparing the Union Budget 2024-25.