Finance Minister Nirmala Sitharaman on Monday held a meeting with state finance ministers who suggested steps to revive growth and boost revenue collection against the backdrop of COVID-19 crisis.
In a statement, the Finance Ministry said that the meeting was held through video conferencing and was attended by chief ministers, deputy chief ministers, finance ministers and senior officers from the states and Union Territories and the Union Government.
According to sources, state ministers expressed their suggestions on growth, investment, resource requirement and fiscal policy.
“Union Finance Minister Smt. @nsitharaman holds Pre-Budget meeting for upcoming Budget 2021-22 with Finance Ministers of all States and Union Territories (with legislature) through video conferencing in New Delhi today,” the Finance Ministry said in a tweet after the meeting.
“Along with Finance Minister Smt. @nsitharaman, Finance Secretary Dr A.B. Pandey; Secretary, Expenditure, Shri T.V. Somanathan; Secretary, DEA, Shri Tarun Bajaj; CEA Shri @SubramanianKri besides other senior officials are also present in the meeting.”
The Finance Minister chaired a series of pre-budget meetings through video conferencing for Budget 2021 last month from December 14-23 where suggestions concerning fiscal policy, green growth and taxation were received from various stakeholders.