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Budget 2020-21: PM Modi Takes Charge To 'Nurse' Financial Health Of Nation

Publish Date: 09 Jan, 2020 04:53 PM   |   Arnima  

New Delhi: Amid the outrage in public since the implementation of the Citizenship Amendment Act and the NRC, the Centre is planning some bold initiatives to be announced in the Union Budget 2020-21.

While there have been slogan shouting against the BJP-government and Prime Minister Narendra Modi in different parts of the country, the government is preparing some more policy changes to be implemented in the nation. PM Modi himself is devoting considerable time in personally analyzing the policy matrix aimed at a positive turnaround in the Indian economy which is to be announced in the Union Budget for 2020-21.

According to the government sources, "PM Modi has been brainstorming over a range of issues affecting the economy and thrash out appropriate policy interventions. There have been intense and focussed consultations over the last six to seven days. Many meetings with the ministries have also been conducted that ran for about 10 to 11 hours. The government is stressing on to nurse the economy bach into sound health and the Prime Minister himself is overseeing that no laxity is made."

Meetings have been chaired with industrialists and experts. As many as 12 to 13 meetings have been done with such groups, each group having 12 to 15 people. PM personally had discussions with the industrialist and finance sector experts of the country. The PMO officials have called it the most extensive ever consultations that PM Modi has ever held on matters related to the Union Budget and the economy in the past five years.

The officials stated that PM Modi has met over 120 people so far. "He has largely been in listening mode during these meetings. The picture released earlier this week with top industrialists was from one such meeting," said sources further adding, “He has been working 12-13 hours at a stretch on these Council of Ministers meetings, from 9 am to 10 pm with barely a short break for lunch. This includes working full days on weekends."

The PMO has taken cognizance of the warning issued by the International Monetary Fund  regarding the downfall of the economy and this could be said as the most involved budget exercise in all these years where the PM himself has been working with every ministry on a five year plan.