Business

Finance Ministry to kick-start budgetary exercise from Oct 14

No liquidity crisis, hopeful of demand picking up: FM Nirmala Sitharaman

The finance ministry will kick-start the exercise to prepare annual Budget for 2020-21 from October 14.

According to a Budget Circular of the Budget Division of the Finance Ministry’s Department of Economic Affairs, the pre-Budget or Revised Estimate meetings will begin on 14th of this month.

It said, the Budget Estimates for 2020-21 will be provisionally finalised after the Expenditure Secretary completes discussions with other secretaries and financial advisers. Pre-Budget meetings will continue till the first week of November.

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