PM likely to meet FinMin officials on June 20\, to discuss road map for boosting growth

PM likely to meet FinMin officials on June 20, to discuss road map for boosting growth

Press Trust of India  |  New Delhi 

Ahead of the Budget, Modi is likely to meet all five departments of the on June 20 to discuss road map for boosting country's growth and generating jobs.

According to sources, the GST Council's meeting scheduled for June 20 has been deferred by a day in view of the premier's meeting.

Modi is likely to discuss the road map for every department and the agenda for increasing revenue mop-up and taking reform steps to push GDP growth which has slipped to 5-year low of 6.8 per cent in 2018-19.

The meeting comes at a time when the is in the process of finalising the 2019-20 Budget, which will be unveiled by on July 5.

Among other issues, the 100-day agenda for the Modi 2.0 government would come up for discussion. In April, the had asked all ministries to prepare agenda for the new government.

The five departments under the ministry are Economic Affairs, Revenue, Expenditure, Financial Services and DIPAM.

While is likely to give a presentation on the state of economy, including growth, employment generation and inflation, is likely to highlight steps taken to increase tax base, improve compliance, and road ahead for Goods and Services Tax (GST).

The will talk about savings on account of Direct Benefit Transfer (DBT) and showcase allocations to various schemes and programmes of the government and steps taken to ensure that money is spent for the earmarked purposes.

Financial Services department on its part will talk about liquidity issues and the problems being faced by NBFC sector, banks and financial institutions.

The (DIPAM) is likely to list the CPSEs which can go for disinvestment and strategic sale in the current fiscal.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 14 2019. 18:05 IST