The farmers' movement in the country and the transition to Corona continue simultaneously. Meanwhile, the news is coming that the budget session of Parliament may start before the next year, but the budget will be presented on its own time i.e. February 1. Preparations have also been started in the ministries regarding this.
The Parliament session of the information received from the sources may begin in the last week of January. Parliamentary Affairs Minister Prahlad Joshi has also written a letter to Speaker Om Birla regarding this. Let us tell you that the winter session of Parliament has not been held due to Corona infection, due to which the budget session can be started a week before.
Finance Ministry started preparations for general budget
Work on the general budget for the financial year 2021-22 has started in the country. Finance Minister Nirmala Sitharaman met with representatives of the industry on Monday to know their suggestions. Industry representatives suggested the government to increase spending on health and infrastructure in the coming year. At the same time, he also demanded that except for 3-4 public banks, the government sold its stake in the rest and brought it below 50 percent.
There have been suggestions from the Confederation of Indian Industries, ie CII, to increase revenue through disinvestment to the government. According to information received by Hindustan, CII President Uday Kotak demanded from the Finance Minister that the government should focus on fiscal management along with increasing the GDP growth of the country in the budget. For this, there should be measures to address important areas like increasing the private sector investment in the budget and giving support in terms of providing employment opportunities. He also demanded that in the next 1 year, except 3-4 banks like State Bank of India, Bank of Baroda, and Union Bank, the government should sell its stake in the rest to below 50 percent.
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