RUNUP TO BUDGET: 1st set of discussions to be held on new economy sectors including startups, fintech & digital industries using big data for economic and climate forecast.

Finance minister Nirmala Sitharaman will begin pre-Budget consultations with stakeholder groups from Monday, kicking off representations from across sectors in the run-up to the presentation of the Union Budget on February 1.

The discussions assume significance as the government is looking at solutions for reviving the economy, even as the finance ministry has taken multiple steps to boost domestic consumption and attract more foreign investment.

“Over next few days, FM will meet stakeholder groups from start-ups, fintech and digital, financial sector, capital markets, industry, services and trade, agriculture and agro processing, social sector, water and sanitation, trade union and labour organisations, industrialists, infrastructure, energy and economists,” the finance ministry said in a statement on Sunday.