look news india
Prime Minister Narendra Modi held a meeting with top economists and experts to discuss the Union Budget. Finance Minister Nirmala Sitharaman was also present in this meeting. Topics like developing India, capital expenditure (capex) and employment generation were discussed during the meeting. According to reports, this time the government's focus in the budget will be more on employment generation. The Prime Minister also emphasized the need to create a developed India along with employment generation. Experts and economists include Surjit Bhalla, AK Bhattacharya, Professor Ashok Gulati, Gaurav Ballabh, Amita Batra, Mahendra Dev and KV Kamath etc. Union Finance Minister Nirmala Sitharaman is scheduled to present Budget 2024-25 in the Lok Sabha on July 23. Apart from economists and regional experts, NITI Aayog Vice Chairman Suman Beri and other members also attended the Prime Minister's meeting.
This budget will be the biggest economic document of Modi 3.0
This will be the first major economic document of the third term of the Modi government (Modi 3.0). The budget is expected to provide a roadmap to make India a developed nation by 2047, among other things. Addressing a joint session of Parliament last month, President Draupadi Murmu had indicated that the government would take historic steps to accelerate the pace of reforms. She also said that this budget will be an effective document of the government's far-reaching policies and future vision. Earlier, Sitharaman has discussed the upcoming budget with various experts, including economists and Indian business tycoons (captains).
What opinion did the experts give to the government?
Many experts have asked the government to give tax relief to the common man so that people can spend more. He also suggested measures to reduce inflation and speed up the economy. Let us tell you that the growth rate of the economy was 8.2 percent in 2023-24. As part of the Lok Sabha elections, Sitharaman presented the interim budget for 2024-25 in February. Many experts have urged the government to give tax relief to the common man to increase consumption and take measures to curb inflation and boost economic growth. The meeting was attended by Finance Minister Sitharaman, Statistics and Program Implementation and Planning Minister Rao Indrajit Singh, Chief Economic Advisor V Anant Nageswaran and economists Surjit Bhalla, Ashok Gulati and others.