: Govt to tap ‘wisdom of crowd’ for Union Budget 202122 #FinanceIndia #StockMarketNEWS Govt to tap ‘wisdom of crowd’ for Union Budget 2021-22 New Delhi, Nov 16 (KNN) In a bid to make Annual
@StockMarketNEWS Tue 17 Nov, 2020
Govt to tap ‘wisdom of crowd’ for Union Budget 202122 #FinanceIndia #StockMarketNEWS
Govt to tap ‘wisdom of crowd’ for Union Budget 2021-22 New Delhi, Nov 16 (KNN) In a bid to make Annual Budget 2021-22 consultations more participatory and democratic by taking it closer to the people, the Finance Ministry has launched an online portal on MyGov platform where general people can convey their ideas or suggestions to the ministry.
Over the years, the Ministry of Finance has been holding pre-budget consultations in North Block with Industry, Commerce Associations, Trade Bodies and Experts to seek ideas for the Annual Budget.
Owing to the pandemic situation, the Ministry has received suggestions from various quarters for holding pre-budget consultations in a different format.
It has accordingly been decided to create a dedicated email to receive suggestions from various Institutions and Experts. A specific communication to this effect will be sent shortly, the Ministry said in a statement on Friday.
It has also been decided to make the Annual Budget 2021-22 consultations more participatory and democratic by taking it closer to the people of India. Government has launched a micro-site (online portal) on MyGov platform which will go live on November 15th, 2020 to receive ideas for the budget, it added.
General public in their individual capacity need to register on MyGov to submit their ideas for Budget 2021-22. The submissions will be further examined by the concerned Ministries and Departments.
If required, individuals may be contacted on the email or mobile number provided at the time of registration to seek clarification on their submissions. The portal will remain open until 30th November 2020, it concluded.
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