Back to homepage

Tag "finance minister Nirmala Sitharaman"

Bullet train project to be actively pursued: FM

Bullet train project to be actively pursued: FM

🕔13:22, 1.Feb 2020

New Delhi, Feb 1  Union Finance Minister Nirmala Sitharaman on Saturday said that the work on Prime Minister Narendra Modi’s ambitious 508-km Ahmedabad-Mumbai High Speed train project will be actively pursued and also said that it will set up ‘Kisan

Read Full Article
No recap for PSBs in FY21: FM

No recap for PSBs in FY21: FM

🕔13:21, 1.Feb 2020

New Delhi, Feb 1  Finance Minister Nirmala SItharaman on Saturday said the government has infused Rs 3.5 lakh crore in the PSU banks and now banks will go to market to raise funds on their own, ruling out any recapitalisation.

Read Full Article
Comprehensive measures for 100 water stressed districts: FM

Comprehensive measures for 100 water stressed districts: FM

🕔13:08, 1.Feb 2020

New Delhi, Feb 1  Finance Minister Nirmala Sitharaman said the government is proposing comprehensive measures for 100 water stressed districts in the Budget 2020. This initiative will be part of the Jal Jivan mission, which will tentatively have a large

Read Full Article
Budget 2020 is woven around 3 prominent themes: FM

Budget 2020 is woven around 3 prominent themes: FM

🕔13:05, 1.Feb 2020

New Delhi, Feb 1  Union Finance Minister Nirmala Sitharaman allocated Rs 69000 crore apart from Rs 6400 crore for PM Jan Aushadhi Yojna for the healthcare sector on Saturday as she announced that the Budget 2020 is woven around 3

Read Full Article
Push for transportation; Rs 1.7 lakh cr allocated

Push for transportation; Rs 1.7 lakh cr allocated

🕔13:03, 1.Feb 2020

New Delhi, Feb 1  With major emphasis on transportation and the required infrastructure, Finance Minister Nirmala Sitharaman on Saturday made several announcements with an allocation of Rs 1.7 lakh crore for transport infrastructure. Presenting the Union Budget for the financial

Read Full Article
FM yields to BJP demand for ‘Gaon, Gareeb, Kisan’ Budget

FM yields to BJP demand for ‘Gaon, Gareeb, Kisan’ Budget

🕔12:51, 1.Feb 2020

New Delhi, Feb 1  In a major rural push, the government has allocated a massive Rs 2.83 lakh crore for agriculture and allied sectors, as sought by the BJP in its pre-Budget meet with Finance Minister Nirmala Sitharaman on January

Read Full Article
Policy to build data centre parks across country soon: FM

Policy to build data centre parks across country soon: FM

🕔12:33, 1.Feb 2020

New Delhi, Feb 1  A policy will be set up to build data centre parks throughout the country, Finance Minister Nirmala Sitharaman said during her second Union Budget presentation in Parliament on Saturday. The announcement comes in view of the

Read Full Article
India preparing detailed scheme to boost mobile manufacturing: FM

India preparing detailed scheme to boost mobile manufacturing: FM

🕔12:31, 1.Feb 2020

New Delhi, Feb 1  The government will soon announce a detailed scheme to boost mobile phone, other electronics and semi-conductors manufacturing in the country, Finance Minister Nirmala Sitharaman said in her 2020-21 Budget speech on Saturday. Paying attention to the

Read Full Article
GDP growth over 7.4% in 2014-19, debt cut to 48.7%: FM

GDP growth over 7.4% in 2014-19, debt cut to 48.7%: FM

🕔12:30, 1.Feb 2020

New Delhi, Feb 1  Finance Minister Nirmala Sitharaman said Central government’s debt reduced to 48.7% of GDP in 2019 from 52.2% and has clocked a GDP growth of 7.4% over 2014-19 & FDI increased from $119 bn in 2009-14 to

Read Full Article
FDI into India increased to $284 bn during 2014-19

FDI into India increased to $284 bn during 2014-19

🕔12:21, 1.Feb 2020

New Delhi, Feb 1  Finance Minister Nirmala Sitharaman said on Saturday that the Foreign direct investment (FDI) into the country has increased to $284 billion during 2014-19 from $190 billion in previous five years. “India’s FDI got elevated to the

Read Full Article
Sitharaman quotes Kashmiri poet during Budget speech

Sitharaman quotes Kashmiri poet during Budget speech

🕔12:15, 1.Feb 2020

New Delhi, Feb 1  During the Budget 2020 presentation in Parliament on Saturday, Finance Minister Nirmala Sitharaman quoted renowned Kashmiri poet Pandit Dinanath Kaul Nadim, a Sahitya Academy Award winner. Reciting the verse in Kashmiri, she translated it in Hindi

Read Full Article
Govt committed to doubling farmers’ income by 2022: FM

Govt committed to doubling farmers’ income by 2022: FM

🕔12:06, 1.Feb 2020

New Delhi, Feb 1  Emphasising on doubling the farm income of farmers across the country by 2022, Union Finance Minister Nirmala Sitharaman in her 2020-21 Budget speech said that the government has provided 11 crore farmers under Aspirational India programme.

Read Full Article
Sitharaman pays homage to Jaitley, says GST integrating India

Sitharaman pays homage to Jaitley, says GST integrating India

🕔12:00, 1.Feb 2020

New Delhi, Feb 1  Union Finance Minister Nirmala Sitharaman on Saturday paid homage to her former colleague Arun Jaitley and also quoted his speech on GST that “it will be an India where the Centre and states will work together

Read Full Article
Key Highlights of Economic Survey 2019-20

Key Highlights of Economic Survey 2019-20

🕔13:34, 31.Jan 2020

Key Highlights of Economic Survey 2019-20 Posted On: 31 JAN 2020 1:27PM by PIB Delhi The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2019-20 in the Parliament today. The Key Highlights of the

Read Full Article
Sitharaman may meet PSB chiefs to review NBFC liquidity

Sitharaman may meet PSB chiefs to review NBFC liquidity

🕔07:00, 27.Dec 2019

New Delhi, Dec 27  Finance minister Nirmala Sitharaman may meet heads of public sector banks (PSBs) on December 28 to review status of bank credit growth, credit to non-banking finance companies (NBFCs), the MSME sector credit, other bottlenecks and the

Read Full Article
Sitharaman may meet PSB chiefs to review NBFC liquidity

Sitharaman may meet PSB chiefs to review NBFC liquidity

🕔20:10, 26.Dec 2019

New Delhi, Dec 26 Finance minister Nirmala Sitharaman may meet heads of public sector banks (PSBs) on December 28 to review status of bank credit growth, credit to non-banking finance companies (NBFCs), the MSME sector credit, other bottlenecks and the

Read Full Article
FM may announce 100% aviation FDI in budget speech

FM may announce 100% aviation FDI in budget speech

🕔20:08, 26.Dec 2019

New Delhi, Dec 26 The government is contemplating a budget announcement to hike the foreign direct investment (FDI) limit in the aviation sector from 49 per cent to 100 per cent to attract international bids for Air India, slated for

Read Full Article
FM asks industry to bid for PSUs, Vedanta may bid for BPCL

FM asks industry to bid for PSUs, Vedanta may bid for BPCL

🕔15:27, 20.Dec 2019

New Delhi, Dec 20  Finance Minister Nirmala Sitharaman on Friday invited industry to participate in the disinvestment of central public sector enterprises (CPSEs) like BPCL, Concor and Shipping Corp, saying the country’s macroeconomic fundamentals are very strong and industry should

Read Full Article
GST compensation due for all states, not just for some: FM

GST compensation due for all states, not just for some: FM

🕔12:17, 13.Dec 2019

New Delhi, Dec 13  Not only opposition-ruled states but other states also have not been paid GST compensation for the last four months since August this year. Speaking in the Rajya Sabha, Finance Minister Nirmala Sitharaman admitted the delay but

Read Full Article
Cabinet approves umbrella bond exchange traded fund

Cabinet approves umbrella bond exchange traded fund

🕔13:56, 4.Dec 2019

New Delhi, Dec 4  The Union Cabinet on Wednesday cleared the creation and launch of the Bharat Bond exchange traded fund (ETF) to deepen the bond market and to broaden investor base by allowing retail investors to participate. “Umbrella bond

Read Full Article