Empowering India's Vision: Ministry of Finance and Corporate Affairs Concludes Inspiring Chintan Shivir in Gujarat
August 11, 2026
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Empowering India’s Vision: Ministry of Finance and Corporate Affairs Concludes Inspiring Chintan Shivir in Gujarat

The Ministry of Finance and Corporate Affairs concludes a transformative Chintan Shivir, chaired by Union Minister Nirmala Sitharaman, fostering collaborative strategies for India's visionary goals and efficient governance.

Sandip PatiSandip Pati
Aug 23, 2023, 05:40 pm IST
inBharat
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The Ministry of Finance and Ministry of Corporate Affairs recently concluded a thought-provoking Chintan Shivir in Kevadia, Gujarat, spanning three days. Chaired by Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, the event welcomed Union Ministers of State for Finance, Shri Pankaj Chaudhary and Dr. Bhagwat Kisanrao Karad.

Distinguished officials from both ministries, including the Finance Secretary and Secretaries from departments such as Economic Affairs, Investment and Public Asset Management, Revenue, Financial Services, and Corporate Affairs, gathered for this occasion. The Chief Economic Advisor and the Chairmen of CBDT and CBIC also participated.

The Chintan Shivir facilitated over 100 senior officers from the Ministry of Finance and Ministry of Corporate Affairs to engage in candid discussions about realigning strategies to realise the visionary goals of the Amrit Kaal era, championed by Prime Minister Shri Narendra Modi. Interactive sessions covered key themes including the ministries’ roles in this era, capacity augmentation, and operational efficiency enhancements.

During the event, Smt. Sitharaman emphasised optimising the abundant resources and expertise available within the government. She encouraged the officials to mentor the younger generation, steering India towards the envisioned Viksit Bharat by 2047. Stressing the need to transcend set boundaries, she urged officers to contribute insights across domains to foster collaboration.

In her closing address, the Union Finance Minister highlighted the enduring importance of both effectiveness and efficiency. She underscored the significance of consistent policy reforms, individual and institutional efficiency, and simplification of processes to enhance delivery and engagement on a national scale.

Smt. Sitharaman called for continuous mentoring, culturally aligned policies, and a sense of ownership in decision-making for effective governance. Union Minister of State for Finance, Shri Pankaj Chaudhary, urged ambitious target-setting for India’s development by 2047.

Union Minister of State for Finance, Dr. Bhagwat Kisanrao Karad, stressed self-confidence through knowledge and skill development. He emphasised collaborative decision-making and real-time feedback mechanisms for effective governance.

The event delved into themes such as capital formation, inclusive growth, self-reliance, and strengthening public finance. Discussions covered capacity building, maintaining work-life balance, and strengthening institutional capacity. Integral deliberations highlighted skilling, internal process enhancement, stakeholder engagement, organisational culture, and technology-driven public service delivery.

Concluding the event, the Union Finance Minister interacted with the G20 Finance Track India Team, reflecting on India’s G20 Presidency journey thus far.

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