Published 17:32 IST, January 30th 2020
PM Modi says 'government open to discussions on economy' ahead of Union Budget 2020
PM Modi on Thursday addressed an all-party meeting ahead of the budget session of the parliament and stated that the govt is open to discussions on the economy
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Ahe of upcoming Budget session in parliament, that begins tomorrow, Prime Minister Narendra Modi dressed an all-party meeting called by Parliamentary Affairs Minister Pralh Joshi at parliament in New Delhi.
current economic scenario remained a prime topic of discussion throughout meeting. Prime Minister in his statement said that focus should be on how to turn global scenario in favour of India.
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"We should focus on how we can turn global scenario in favour of India and in this budget session, and at beginning of New Year if we can give a proper direction to country’s economy, it would be in best interest of country," PM Modi said.
ding to his statement furr, PM Modi also stated that his government is open to holding discussions for all issues during budget session.
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'We need to discuss economic issues'- PM Modi
Referring to recommendations by all parties, Prime Minister Narendra Modi informed that government will discuss economic issues. Issuing a statement over discussions on economy, PM Modi said, "Most of members have asked for a discussion on economic situation concerning country. I welcome this and we need to discuss economic issues as suggested by you all."
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Union Budget 2020
Government of India is set to present Union Budget 2020 in upcoming Parliamentary session. With budget right around corner, all eyes are now on Finance Minister Nirmala Sitharaman. re are a lot of expectations from Sitharaman due to overall GDP growth of India being at an 11-year low at 5%. Many experts believe that re will be a few tax reforms as well as GST rate cuts. Plans to implement affordable housing plans may also be a part of Union Budget 2020.
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final Union Budget 2020 will be presented in Parliament on February 1, 2020. budget will be shared by Finance Minister Nirmala Sitharaman at 11 AM. economic survey of country will be released on January 31, 2020.
budget session will be held in two phases. first will be in upcoming Parliament session, which will go on from January 31, 2020, to February 11, 2020. second phase will go on from March 2, 2020, to April 3, 2020. According to reports, re will be a 19-day recess so that standing committees may prepare ir reports and reconsider grants.
17:32 IST, January 30th 2020