Budget 2025: Nirmala Sitharaman Meets Trade Unions

Aakhir Tak – In Shorts

• Finance Minister Nirmala Sitharaman chaired a pre-Budget meeting with trade unions on January 6, 2025.
• The consultation aimed to address economic challenges and gather feedback for Budget 2025-26.
• Key officials, including the Finance Secretary, participated in the meeting.
• Broader consultations with other stakeholders have been ongoing since January 2.
• The Union Budget 2025-26 is set to be presented on February 1.

Aakhir Tak – In Depth

Trade Unions’ Role in Budget 2025 Preparations

On January 6, 2025, Finance Minister Nirmala Sitharaman led the eighth Pre-Budget Consultation meeting in New Delhi. This meeting sought to incorporate trade unions’ inputs for the Union Budget 2025-26 and address their concerns about workers’ welfare and economic growth.

Key Highlights of the Meeting

The discussion revolved around these core topics:

• Strategies to overcome economic challenges.
• Equitable allocation of resources.
• Ensuring labor rights and fulfilling union demands.

A Collaborative Approach

The government’s consultative process extends to various sectors. Previous meetings have included representatives from MSMEs, financial markets, farmers, and economists. Prime Minister Narendra Modi also held discussions with economic experts to gather insights for the nation’s economic direction.

What Lies Ahead

The Union Budget 2025-26, to be presented on February 1, is expected to address economic hurdles while laying the foundation for a robust and inclusive growth strategy.

Aakhir Tak – Key Takeaways to Remember

• Trade unions are playing a vital role in Budget 2025 preparations.
• The government emphasizes inclusive policy-making through stakeholder consultations.
• The February 1 Budget is highly anticipated for its vision on economic growth.

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