support@headlinenews360.com
Budget 2025: Prime Minister Narendra Modi He held a meeting with economists last Tuesday and took suggestions from them on the budget to be presented for 2025-26. According to a report in The Economic Times, economists suggested several measures to the government to reduce the income tax rate, rationalize customs duties and promote exports as much as possible.
PM Modi mentioned this vision
During this, experts also asked PM Modi to emphasize on skills, improve agricultural productivity and do necessary work to maintain the pace of capital expenditure (capex). Will development be kept in focus in this budget? An expert on the issues discussed in this meeting told ET Bureau that the government can keep employment in focus in this budget. PM Modi listened carefully to everyone’s suggestions in the meeting. During this, he mentioned his vision of making India a developed nation by the year 2047.
Economists also suggested ideas on this
The theme of the meeting was ‘Sustaining India’s growth momentum in a time of global uncertainty’, in which economists shared their views on how to deal with global economic challenges and geopolitical tensions. In the meeting, economists like Surjit S Bhalla, Ashok Gulati, Sudipto Mundle and many other experts present stressed on equal development of all sectors and all sections of the society.
Concern expressed on these issues
In the meeting, economists expressed their concerns about the decline in consumption and inflation before the budget. In recent times, rising inflation has affected the domestic budget. Due to this, along with reduction in disposable income, expenditure has also reduced. Due to this the level of GDP in the country has also decreased. To counter the decline in consumption, targeted measures such as extending the benefits of the scheme to weaker sections, increasing public expenditure in rural areas and encouraging employment generation in non-agricultural sectors can prove helpful.
Also read:
