Budget 2018: Arun Jaitley chairs pre-Budget FSDC meet

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New Delhi | Updated: Jan 19, 2018 6:25 PM

Finance Minister Arun Jaitley chaired a meeting with financial sector regulators during which they gave proposals for the Union Budget to be presented on February 1.

arun jaitley, budget 2018, fsdc meet, union budgetFinance Minister Arun Jaitley chaired a meeting with financial sector regulators during which they gave proposals for the Union Budget to be presented on February 1. (PTI)

Finance Minister Arun Jaitley chaired a meeting with financial sector regulators during which they gave proposals for the Union Budget to be presented on February 1. The Financial Stability and Development Council (FSDC) is a high-powered body, whose members include RBI Governor Urjit Patel, Sebi Chairman Ajay Tyagi, IRDAI Chief T S Vijayan, PFRDA Chairman Hemant Contractor and IBBI Chairman M S Sahoo. Besides, top Finance Ministry officials attended the meeting. “The Regulators presented their proposals for the Union Budget 2018-19 concerning development of their respective sectors. The Council deliberated over these proposals. Concerned Ministries/Departments were advised by the Council to examine respective proposals in detail for appropriate further decision,” a finance ministry statement said. Union Budget for 2018-19 would be presented by Jaitley in Parliament on February 1.

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