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Finance Ministry to Start Pre-Budget Meetings from October 10

NEW DELHI: The finance ministry will commence its pre-Budget meetings from October 10 to review six ministries and departments, starting first with new & renewable energy and skill development & entrepreneurship, according to the notification issued by the department of economic affairs (DEA) under the finance ministry.

The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year. On the last day, the ministry of railway and department of health and family welfare will be discussed.

The Union Budget 2025-26 is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand. It will be the second Budget of the Modi 3.0 government and 8th straight Budget for finance minister Nirmala Sitharaman, a rare distinction in the Indian polity.

During pre-Budget meetings, requirements of funds for all categories of expenditures along with receipts of ministries/departments and expenditure estimates on net basis are discussed. “The Budget Estimates for 2025-26 will be provisionally finalised after completion of pre-Budget meetings,” the DEA said.

Besides, receipts of departmentally run commercial undertakings, which are netted against gross expenditure and non-tax revenues, including arrears of non-tax revenue, are assessed during the meetings. The Budget 2025-26 is likely to be presented on February 1 during the first half of Parliament's Budget session which usually begins in the last week of January every year.
( Source : Deccan Chronicle )
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