Centrte's citizen engagement platform, MyGovIndia, lately asked for suggestions related to the Budget which will be presented in the Parliament in the upcoming session. Here's what MyGovIndia wrote on Twitter along with a link of an open forum.
Ahead of the Budget presentation, PM Modi had also held meetings with top business tycoons to discuss issues which are being faced by the economy and measures required to boost up growth and employment opportunities.
Richest Indian Mukesh Ambani, Tata group patriarch Ratan Tata, telecom czar Sunil Bharti Mittal, billionaire Gautam Adani, Mahindra Group chairman Anand Mahindra, and mining baron Anil Aggarwal were among those present at the discussion.
Tata Sons chairman N Chandrasekaran, TVS chairman Venu Srinivasan, L&T head AM Naik were also present.
Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1 with a hope to revive growth.
The latest GDP data for the July-September quarter showed dynamism in the pace of economic growth to 4.5 per cent- the weakest in six years, with a vital contributing factor for being a slump in manufacturing output.
Moreover, the latest GDP forecast has also put a question mark on the $5 trillion dollar economy target by 2014. The economy is foreseen to grow at its slowest pace in 11 years in 2019-20 which has been dragged down by anemic manufacturing, slowing services sector growth, as well as inactive investment and consumption. With Union Budget less than a month away, the poor forecast will add pressure on the authorities to revive the economy.