On Friday, Finance Minister Arun Jaitley held a meeting with top bureaucrats of the finance ministry asking them to expedite plans for the first budget of the Modi government’s second tenure, amid rumors of his ill-health.
Finance Secretary Subhash Garg, Revenue Secretary Ajay Bhushan Pandey, Expenditure Secretary Girish Chandra Murmu, Financial Services Secretary Rajiv Kumar, DIPAM Secretary Atanu Chakraborty, and other senior officials from North Block were present in the meeting.
“He discussed the roadmap for the new government and the discussions revolved around the Goods and Services Tax (GST), direct tax code, liquidity position of non-banking financial companies (NBFCs) and other crucial topics.”
Officials present at the meeting said Jaitley was in good health and looked fit to join the cabinet of the NDA government’s second tenure. “He just told us to start work on Budget 2019-20,” an official said.
Read EquityPandit’s Technical Analysis of Indian Stock Market