Union Finance Minister Nirmala Sitharaman today concluded pre-Budget consultation meetings for the Union Budget 2023-24. She had started the process of these meetings on 21 November.
More than 110 invitees representing seven stakeholder groups participated in eight meetings scheduled during this period.
The stakeholder groups included representatives and experts from Agriculture and Agro Processing Industry; Industry, Infrastructure & Climate Change; Financial Sector and Capital Markets; Services and Trade; Social Sector; Trade Unions and Labour Organisations and Economists.
Representatives of the stakeholder groups made a number of suggestions for the forthcoming Budget that included mechanisms for green certification to help MSMEs, an urban employment guarantee programme to boost employment generation in urban areas, rationalisation of income tax, creation of innovation clusters and schemes for improving domestic supply chains.
Sitharaman thanked the participants for sharing their valuable suggestions and assured them that the suggestions would be carefully considered while preparing the Budget.