Finance Minister Arun Jaitley will meet state finance ministers Friday to elicit their views on the forthcoming budget to be presented in Lok Sabha in February-end.
After meeting state finance ministers, Jaitley will start customary pre-budget consultations with different interest groups, including industry and trade unions.
He will be presenting the first full fledged budget of the Narendra Modi-led government in February. Last year, the then Finance Minister P Chidambaram had brought an interim budget in February for the fiscal 2014-15 and later in July, Jaitley presented a regular one. The meeting with state finance ministers assumes significance as Jaitley is also likely to discuss CST compensation and other issues related to proposed GST.