Finance Minister Arun Jaitley. Photo: PTI. File photo
As BJP-led NDA government prepares to present its second full year budget, the Finance Ministry will become out of bounds to media from next Monday.
With preparations of the Budget
underway, the quarantine period for media will begin from January 4 and last till presentation of the Budget, most likely on February 29. Read our full coverage on Union Budget
A media advisory issued by Finance Ministry said, "with effect from January 4, 2016 till presentation of the Budget, media persons may be permitted in the ministry only on appointment and only in such cases where specific prior permission has been accorded by designated officers duly authorised."
Finance Minister Arun Jaitley in his second budget, third if the interim presentation of 2014 is counted, is likely to focus on steps to accelerate economic growth that seems to have stagnated in 7-7.5% range amid global slowdown.
Media personnel with valid PIB cards are allowed to enter North Block, the seat of Finance Ministry, without a prior appointment. But during the quarantine period such entries will be barred.
being guarded like the gold in Fort Knox, electronic sweeping devices are being installed and private e-mail facilities to most computers in the ministry are blocked.
team comprises Minister of State for Finance Jayant Sinha, Chief Economic Advisor Arvind Subramanian and NITI Aayog vice chairman Arvind Panagariya.
The official team is led by Finance Secretary Ratan Watal, DEA Secretary Shaktikanta Das, Revenue Secretary Hasmukh Adhia and Disinvestment Secretary Aradhana Johri.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.