Tag: Finance Minister
17 Results
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RBI, govt working in complete harmony on crypto, says Sitharaman
It is my duty to tell the investors who invest in cryptocurrencies to keep in mind that they are investing at their own risk and also need to keep in mind that the cryptocurrency
February 14, 2022 -
PM says Budget 2022-23 to strengthen economy, create new opportunities
He said one of the important pillars of the Budget is welfare of the poor.
February 1, 2022 -
Government to procure 68 % of defence equipment from domestic industry
The Government would also set up an independent nodal umbrella body for meeting wide-ranging testing and certification requirements, the Finance Minister said.
February 1, 2022 -
Finance Minister proposes excuse duty of Rs 2 for those who are using unblended fuel from October 1, 2022
The Ayog had also proposed production of E-20 tuned engine vehicles from April 2025.
February 1, 2022 -
Govt allocates Rs 200 crore in General Budget for development projects in Afghanistan
The allocation for the Maldives is Rs 360 crore and for Sri Lanka Rs 200 crore.
February 1, 2022 -
Rs 1 lakh crore allocated to assist states in catalysing investments
She proposed to allocate Rs 1 lakh crore to assist the states in catalysing overall investments in the economy for 2022-23.
February 1, 2022 -
External Trade recovered strongly after Covid induced slump: Economic Survey
The revival in exports was also helped by timely initiatives taken by the Government.
January 31, 2022 -
Over 5.5 households provided tap water under Jal Jeevan Mission: Economic Survey
Total outlay for the mission is Rs.3.60 lakh crores.
January 31, 2022 -
Sitharaman asks IT officers to provide best taxpayer services in J&K
Sitharaman, who reached Srinagar today, also observed that the income tax office will provide an enabling environment for people’s participation in the development of the region.
November 23, 2021 -
India, UK announce new steps to tackle climate change
The UK-India economic relationship is already strong with bilateral trade of over £18bn in 2020, supporting nearly half-a-million jobs in each other’s economies.
September 2, 2021 -
Effectual Dirigisme
Quite the most striking feature of Wednesday's presentation was that cash would be transferred directly to as many people as feasible. This is easier announced than accomplished not the least because the number of potential beneficiaries has been indeterminate even on budget day, let alone the formalities that will have to be observed. The economic condition of the people, most particularly in rural Bengal, has to improve if the state is to be rescued from the cusp of poverty. Dirigisme must of necessity be beneficial.
July 11, 2021 -
8 measures to boost Covid-hit economy
Major sops for credit relief, funds for health infra and tourism sector
June 29, 2021 -
Bengal FM writes to Pradhan on SAIL
Mr Mitra apprehended that these Plants in Bengal would “either be asset stripped or sold off in the name of disinvestment, having crippled them through the current policy shift”.
June 16, 2021 -
West Bengal’s industry ‘needs a lot more oxygen’
Sitharaman said that there should be complete trust between the industry and the government to sustain growth amid Covid-19 pandemic situation.
April 21, 2021 -
‘Not all banks are going to be privatized’: Nirmala Sitharaman
"We want banks to meet the aspirations of the country,” she said.
March 16, 2021 -
Social Sector Woes
Funds have been committed to the Production Linked Incentive Scheme (PLI) for the next five years, textile parks are to come up in the next three years. Similarly, a scheme to benefit discoms is to come up in the next five years, a scheme to fly the Indian flag on merchantmen would take five years. Such instances abound, lessening the clarity of Budget provisions
February 19, 2021 -
Govt committed to farmers welfare, MSP system strengthened, sharp increase in payment to farmers: FM
"The procurement has also continued to increase at a steady pace. This has resulted in increase in payment to farmers substantially," she said.
February 1, 2021