The Economic Times, September 26, 2024
The finance ministry will commence from October 10 its pre-Budget meetings with review of six ministries and departments, including new & renewable energy and skill development & entrepreneurship. The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year.
On the last day, Ministry of Railway and Department of Health and Family Welfare will be discussed.
The Union Budget 2025-26 is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand.
It will be the second Budget of the Modi 3.0 government and 8th straight Budget for Finance Minister Nirmala Sitharaman, a rare distinction in the Indian polity.
The Budget Estimates for 2025-26 will be provisionally finalised after completion of pre-Budget meetings, it said.
During pre-Budget meetings, requirement of funds for all categories of expenditures along with receipts of ministries/departments and expenditure estimates on net basis are discussed.
Besides, receipts of departmentally-run commercial undertakings, which are netted against gross expenditure and non-tax revenues, including arrears of non-tax revenue, are assessed du
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