Budget 2024-25: FM Nirmala Sitharaman Chairs Pre-Budget Consultation with State Finance Ministers

Union Finance Minister Smt. Nirmala Sitharaman chaired pre-budget consultations with State Finance Ministers and other officials in New Delhi. The meeting included discussions on the 'Scheme for Special Assistance to States for Capital Investment,' with many ministers appreciating it and offering suggestions for improvement. State-specific requests and suggestions for the Union Budget for FY 2024-25 were also discussed. \r

Smt. Sitharaman highlighted the Union Government's support to States through timely tax devolution, Finance Commission grants, and arrears of GST Compensation. She emphasized the importance of citizen-centric reforms and sector-specific capital projects in availing loans under the special assistance scheme. The Finance Minister thanked all participants for their inputs, assuring consideration for the upcoming budget.