The finance ministry on Friday sought ideas, options and proposals for the annual funds of 2021-22. The Union Budget 2021, which would be the third funds of Modi’s 2.0 authorities and Finance Minister Nirmala Sitharaman, is prone to be introduced on February 1.
The Union Ministry has determined to launch a micro-site on MyGov platform to obtain ideas for the annual funds 2021-22 from numerous stakeholders.
The app will go dwell on November 15, 2020, and can stay open until November 30, 2020 to obtain ideas for the funds, the Ministry of Finance stated in an official launch.
Over the years, the Finance Ministry has been holding pre-budget consultations in North Block with trade/commerce associations, commerce our bodies and specialists to hunt ideas for the annual funds.
Owing to the pandemic scenario, the Ministry has obtained options from numerous quarters for holding pre-budget consultations in a unique format. “It has accordingly been decided to create a dedicated email to receive suggestions from various Institutions/Experts. A specific communication to this effect will be sent shortly.”
The Ministry of Finance additional stated that the final public must register on MyGov to submit their ideas for Budget 2021-22.
It has additionally been determined to make the annual funds 2021-22 consultations extra participatory and democratic by taking it nearer to the folks of India. The basic public of their particular person capability must register on MyGov to submit their ideas for funds 2021-22, the Ministry stated.
“The submissions will be further examined by the concerned ministries/departments of Government of India. If required, individuals may be contacted on the email/mobile no. provided at the time of registration to seek clarification on their submissions. The portal will remain open until November 30, 2020,” it added.