The meeting was held in virtual mode between November 21 and 28.
According to the Ministry of Finance, more than 110 invitees representing seven stakeholder groups participated in eight meetings scheduled during this period. The stakeholder groups include representatives and experts from the agriculture and agro-processing industry; industry, infrastructure and climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations and economists.
Union Ministers of State for Finance
The Finance Ministry statement said the representatives of the stakeholder groups made a number of suggestions for the forthcoming budget that included a mechanism for green certification to help MSMEs (Micro, Small and Medium Enterprises), an urban employment guarantee programme to boost employment generation in urban areas, rationalisation of income tax, creation of innovation clusters, schemes for improving domestic supply chains, reduction of taxes on an electric vehicle, the introduction of EV policy, measures to promote India as a hub for green hydrogen, Social Sector Entrepreneurship Fund for Social Impact Companies, Training and Accreditation of Care Economy Workers, portable social benefit for children, National Regulatory Authority for water and sanitation, coverage of unorganised workers under ESIC, the continuation of Public Capex, fiscal consolidation and lower customs duties, among others.
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