Ahead of Budget 2020, PM Narendra Modi meets top executives of India Inc.

Budget (#BUDGET2020ZEE) 2020 is just around the corner, and ahead of the big presentation, PM Narendra Modi met bigwigs of India Inc. Reportedly, PM Modi discussed several important points about the economy. Reportedly, Ratan Tata, Sunil Bharti Mittal, Gautam Adani, Anand Mahindra, Anil Agarwal, N Chandrasekaran, Venu Srinivasan, AM Naik were some of the key attendees of the meeting.

Earlier, it was reported that Union Budget (#BUDGET2020ZEE) for 2020-21 may be presented on February 1 and the Economic Survey is likely to be on January 31.

Budget 2020 DATES

Budget 2020-21: February 1, 2020 (Most likely)

Economic Survey: January 31, 2020 (Most likely)

In the Economic Survey 2019 which was presented on July 4, a day before the General Budget on July 5 after the Modi government started its second innings in the government, the focus was on "What India needs to become a $10 trillion economy by 2030. India needs to spend 7-8% of its GDP on infrastructure annually to becoming a $10 trillion economy by 2030".

This will be the first time after 2015-16 when the budget will be presented on a Saturday.

"Tradition will continue," Parliamentary Affairs Minister Prahlad Joshi said earlier when asked about whether the government would continue with the tradition of presenting the budget on the first day of February or will there be any change as the first day of February 2020 is Saturday, a non-working day, as per an IANS report.

Modi government, in its first term, decided to advance the date of the budget from last working day to first working day.  

Accordingly, the Union Budget for 2017-18 was presented on February 1, and since then, the tradition has continued.