fm-sitharaman-holds-pre-budget-meet-for-2025-26

Union Finance Minister Nirmala Sitharaman chaired the fourth Pre-Budget Consultation meeting on Thursday with stakeholders and experts from the export, trade, and industry sectors in preparation for the Union Budget 2025-26.

 

The Ministry of Finance shared in a social media post, "Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the fourth Pre-Budget Consultation with stakeholders and experts from the export, trade, and industry sectors regarding the upcoming Union Budget 2025-26, in New Delhi, today."

Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the fourth Pre-Budget Consultation with the stakeholders and experts from export, trade and industry sectors in connection with the upcoming Union Budget 2025-26, in New Delhi, today.

The meeting was also… pic.twitter.com/5PcWlWodwg

— Ministry of Finance (@FinMinIndia) December 26, 2024

 

The meeting was attended by Minister of State for Finance Pankaj Chaudhary, Finance Secretary, Secretary of the Department of Economic Affairs, Secretary of DIPAM (Department of Investment and Public Asset Management), and Chief Economic Adviser to the Government of India.

 

Earlier this week, on Tuesday, Prime Minister Narendra Modi met with a group of eminent economists and thought leaders at NITI Aayog to discuss the Union Budget 2025-26.

 

On December 20, in Jaisalmer, Sitharaman also chaired a pre-budget meeting with finance ministers from States and Union Territories. Alongside MoS Pankaj Chaudhary, the meeting saw the participation of Chief Ministers from Goa, Haryana, Jammu and Kashmir, Meghalaya, and Odisha, as well as Deputy Chief Ministers from Arunachal Pradesh, Bihar, Madhya Pradesh, Rajasthan, and Telangana.

 

Finance Ministers of States/UTs, Secretaries of the Departments of Economic Affairs and Expenditure, and senior Ministry of Finance officials were also present.

 

Sitharaman has already conducted a series of meetings with various stakeholders, including MSMEs, farmers' associations, and economists. The Ministry of Finance holds multiple pre-Budget consultation meetings each year with experts, industry leaders, economists, and state officials. The formal process to prepare the annual Budget for the next financial year has now begun.

 

As per tradition, the Budget for 2025-26 will be presented on February 1, 2025. This will mark Nirmala Sitharaman’s eighth budget. All eyes will be on the key announcements and the government’s economic outlook for the remainder of the Modi 3.0 tenure.