The third budget of Modi's 2.0 cabinet, Union Budget 2021, Finance Minister Nirmala Sitharaman, is likely to present on February 1, 2021. The Union Ministry has announced that its stakeholders can input the ideas for the annual budget 2021-22 on a micro-site to be launched on MyGov platform. The app goes live on November 15, 2020 and will remain open till November 30, 2020 to receive ideas for the budget, the Ministry of Finance said in an official release.
The Finance Ministry has been holding pre-budget consultations in North Block with industry/commerce associations, trade bodies and experts to seek ideas for the previous annual budgets. The Ministry has received suggestions from various quarters for holding pre-budget consultations with different sectors mainly pushed by the pandemic outbreak. "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", says the ministry of Finance. The general public has to register on MyGov to submit their ideas for Budget 2021-22.
Finance ministry has decided to make the annual budget 2021-22 consultations more participatory and democratic by taking it closer to the people of India. "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," added the MInistry.
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