December 22, 2021
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Pre-budget consultations shape policy on R&D, digital infrastructure, hydrogen incentives, tax-slab rationalisation and online safety measures.
Pre-budget consultations were conducted to solicit stakeholder input for the Union Budget 2022-23. Eight virtual meetings chaired by the Finance Minister brought together over one hundred invitees across seven stakeholder groups and senior finance and departmental officials. Stakeholder submissions urged increased R&D spending, infrastructure status for digital services, incentives for hydrogen storage and fuel cell development, rationalisation of income tax slabs, and investments in online safety measures to inform Budget proposals.