Tag: Finance Minister
17 Results
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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 -
FM Sitharaman proposes to raise capital expenditure to Rs 5.54 lakh crore in next financial year
The Budget estimate of capital expenditure for FY2020-21 was Rs 4.12 lakh crore.
February 1, 2021 -
Budget 2021: Sitharaman announces voluntary vehicle scrapping policy
The announcement was made by the Finance Minister Nirmala Sitharaman in Lok Sabha as she presented the Budget 2021-22.
February 1, 2021 -
Atmanirbhar 3.0 stimulus: Job creation, credit line for stressed sectors on government’s card
'RBI predicts a strong likelihood of the Indian economy returning to positive growth in Q3:2020-21, ahead by a quarter of the earlier forecast,' Finance Minister said.
November 12, 2020 -
Sitharaman insisted on my transfer from MoF: Subhash Chandra Garg
He alleged that the government forgot the agenda for a $10 trillion economy.
October 31, 2020 -
Markets end on positive note after FM announces initiatives to boost demand
ITC was the top gainer in the Sensex pack, spurting over 2 per cent, followed by Infosys, Asian Paints, HCL Tech, Maruti, PowerGrid, ICICI Bank and TCS.
October 12, 2020 -
FinMin announces Travel cash voucher, special festival advance schemes for government employees
The LTC Cash Voucher Scheme is the first part of the Modi Govt's plan to spur consumer demand.
October 12, 2020 -
BJP ‘deliberately, maliciously’ distorted Congress Manifesto over farmers’ issue: P Chidambaram
Ahead of the general elections in 2019, Congress had suggested changes to farm laws that would see the APMC Act abolished.
September 19, 2020 -
Govt asks Auto cos to reduce royalty payments to parent firms abroad: Reports
The Finance Minister Nirmala Sitharaman had recently said that concerns of the automakers in GST would be taken to the GST Council.
September 18, 2020 -
Increase infrastructure spending to revive economy: Chidambaram
He said that the economic revival will need money. 'Borrow and don't hesitate on this.'
September 6, 2020