New Delhi, Ahead of the upcoming budget, eminent economists during a meeting with Prime Minister Narendra Modi on Thursday urged the government to take steps to accelerate economic growth and improve infrastructure, sources said.
The meeting was organized by NITI Aayog on Thursday to get the views and suggestions of economists for the Modi government's first Budget 3.0.
"Today I interacted with eminent economists and heard their insightful views on issues related to higher growth," Modi said in a post on X.
Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23.
Apart from economists and sectoral experts, Niti Aayog vice-chairman Suman Bery and other members also attended the meeting.
Finance Minister Sitharaman, Planning Minister Rao Inderjit Singh, Chief Economic Advisor V Anantha Nageswaran, economists Surjit Bhalla and Ashok Gulati, and veteran banker K V Kamath, among others, were present at the meeting.
The Budget 2024-25 will be the first major economic document of the Modi 3.0 government, which, among other things, is expected to lay out the roadmap to make India a developed nation by 2047. Suggestions were also made to accelerate growth economic and improve agricultural productivity, the sources added. According to sources, discussions were also held on the Viksit Bharat @2047 document being prepared by the NITI Aayog.
President Droupadi Murmu, in her address to the joint session of Parliament last month, indicated that the government would take historic steps to accelerate the pace of reforms.
She also said that the Budget will be an effective document of the government's far-reaching policies and futuristic vision.
Sitharaman has already held talks with various stakeholders, including economists and Indian industry entrepreneurs, on the upcoming budget.
Several experts have urged the government to provide tax relief to the common man to boost consumption and take measures to control inflation and accelerate economic growth.
The economy has recorded a growth rate of 8.2 per cent in 2023-24.
Earlier in February, Sitharaman presented an interim budget for 2024-25 in view of the Lok Sabha elections.
The meeting was organized by NITI Aayog on Thursday to get the views and suggestions of economists for the Modi government's first Budget 3.0.
"Today I interacted with eminent economists and heard their insightful views on issues related to higher growth," Modi said in a post on X.
Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23.
Apart from economists and sectoral experts, Niti Aayog vice-chairman Suman Bery and other members also attended the meeting.
Finance Minister Sitharaman, Planning Minister Rao Inderjit Singh, Chief Economic Advisor V Anantha Nageswaran, economists Surjit Bhalla and Ashok Gulati, and veteran banker K V Kamath, among others, were present at the meeting.
The Budget 2024-25 will be the first major economic document of the Modi 3.0 government, which, among other things, is expected to lay out the roadmap to make India a developed nation by 2047. Suggestions were also made to accelerate growth economic and improve agricultural productivity, the sources added. According to sources, discussions were also held on the Viksit Bharat @2047 document being prepared by the NITI Aayog.
President Droupadi Murmu, in her address to the joint session of Parliament last month, indicated that the government would take historic steps to accelerate the pace of reforms.
She also said that the Budget will be an effective document of the government's far-reaching policies and futuristic vision.
Sitharaman has already held talks with various stakeholders, including economists and Indian industry entrepreneurs, on the upcoming budget.
Several experts have urged the government to provide tax relief to the common man to boost consumption and take measures to control inflation and accelerate economic growth.
The economy has recorded a growth rate of 8.2 per cent in 2023-24.
Earlier in February, Sitharaman presented an interim budget for 2024-25 in view of the Lok Sabha elections.