Tag: Nirmala Sitharaman
17 Results
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Govt withdraws interest rate cut in small savings schemes, calls it oversight
The interest rates on such schemes will continue to remain as they were during January-March, reversing Wednesday’s highest cut of 1.1 per cent.
April 1, 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 -
Shipping Corp shares surge as government gets multiple bids for stake sale
Earlier in the day, the stock touched the mark of Rs 123.5, after it rose 19.03 per cent.
March 2, 2021 -
Unleash animal spirits to make India fastest growing economy: FM Nirmala Sitharaman to India Inc
"We need capacities to be ramped up, we need expansion, we need more production of very many such products, which are so required for the economy," she said.
February 20, 2021 -
Budget set pace for self-reliant India: Sitharaman in LS
She said a challenging situation like the pandemic didn't deter the government from taking up reforms that are going to be necessary for sustaining long term growth for the country to boost the economy.
February 13, 2021 -
Benefiting poor not some ‘Damaad’: Nirmala Sitharaman’s jibe on Cong
Chidambaram said that there was no mention of the defence sector in the Budget either, and the numbers predicted therein were not correct.
February 12, 2021 -
Finance Bill proposes amendments for enabling FPIs to subscribe to listed debt of REITs, InvITs
The amendments will confer the power to Pooled Investment Vehicles (defined to include AIFs, REITs, InvITs etc) to borrow and issue debt securities.
February 12, 2021 -
Govt may soon bring ‘crypto bill’ to regulate cryptocurrencies
In 2018, the Reserve Bank of India had banned cryptocurrency trading and had banned banks from processing transactions related to cryptocurrency.
February 10, 2021 -
Govt made Budget transparent, nothing under wraps: FM
She mentioned that the government can give stimulus package to revive the economy, however, funding the long term infrastructure financing is the job of the Development Finance Institutions (DFI).
February 9, 2021 -
Govt’s disinvestment policy not akin to ‘selling family silver’: FM
Speaking at an event here, Sitharaman said that the government's focus is to strengthen the public sector undertakings (PSU) and make sure they professionally run themselves.
February 7, 2021 -
FM distributes Rs 3,000 each for 7,46,667 Assam tea workers
Sarma also promised to increase wages of tea garden workers soon.
February 7, 2021 -
Bold and Clean
The unprecedented pandemic has knocked India off its fiscal consolidation path for the next few years and revival of the economy remains the primary concern of the government.
February 6, 2021 -
Budget 21: Thrust on Health, Farmers
We decided to spend big on infrastructure in this Budget. We attended to the need of the health sector. We decided to give greater impetus to the economy in this Budget.
February 2, 2021 -
Summary of Union Budget 21: Laying a vision for AatmaNirbhar Bharat, says FM
Laying a vision for AatmaNirbhar Bharat, she said this is an expression of 130 crore Indians who have full confidence in their capabilities and skills.
February 1, 2021 -
FDI hike in insurance to invite foreign majors
Increasing FDI limits in insurance has been a longstanding demand of the United States where most of the big insurance majors are situated.
February 1, 2021 -
Railways infra push of Rs 1.1 lakh cr with Rs 1.07L cr for capex
Sitharaman also said that broad gauge route electrification is expected to reach 46,000 kms that is 72 per cent by the end of 2021 from 41,548 km from October 1, 2020.
February 1, 2021 -
Social security benefit to be extended to platform, gig workers: FM
India has a total workforce of over 50 crore including 40 crore unorganised sector which include farm and rural workers.
February 1, 2021