After 5% growth estimates, PM seeks suggestions on Budget
A day after the modest 5 per cent growth estimates by the government, Prime Minister Narendra Modi on Wednesday sought to engage with the people directly on their demands, aspirations and wishes from the Union Budget in reaching towards developmental growth. "The Union Budget represents the aspirations of 130 crore Indians and lays out the path towards India's development. I invite you all to share your ideas and suggestions for this year's Budget on MyGov", Modi tweeted.
He also tagged the Finance Ministry -- "FinMinIndia looks forward to your suggestions for the #UnionBudget2020 which will be presented in the Parliament in the upcoming session," he said.
Share your valuable ideas in the field of #Farmers, #Education & others on https://www.mygov.in/group-issue/inviting-ideas-and-suggestions-union-bu... a @nsitharaman @nsitharamanoffc @ianuragthakur.
https://twitter.com/narendramodi/status/1214710503437733890
Finance Minister Nirmala Sitharaman had already asked for public views on the budget earlier.
Modi had a brainstorming session with the top 11 industry captains including Ratan Tata and Mukesh Ambani this week on economic revival and demand growth. The 5 per cent growth projection is the 11-year low.
The Budget is likely to be presented on February 1, though the date has not been announced yet.
Gross domestic product is estimated to grow 5.0 per cent in 2019-20, slower than the 6.8 per cent growth of 2018-19, the Ministry of Statistics said in a statement.
Also Read: SBI lowers GDP estimates to 4.6 per cent in FY 20 from 5 per cent
