FM holds talks with states on Budget plans


NEW DELHI: As part of pre-Budget deliberations, finance minister Nirmala Sitharaman on Monday held a meeting with state FMs, who suggested steps to revive growth and boost revenue collection against the backdrop of the Covid crisis.
Sitharaman noted the importance of the meet as a sign of cooperative federalism. Most participants thanked the FM for financially supporting their states/UTs during the worst months of pandemic, by enhancing borrowing limits and providing back-to-back loans to states, the finance ministry said. According to sources, state ministers expressed their suggestions on growth, investment, resource requirement and fiscal policy.

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