Fri, Dec 08, 2023
Union Finance Minister Nirmala Sitharaman sharply criticized the previous governments' schemes while addressing the Rajya Sabha on the current economic situation in India. She drew a clear distinction between the "Naam ke vaaste" (mere namesake) schemes of the past and the effective, impactful initiatives implemented by the current NDA government under Prime Minister Narendra Modi.
Tue, Nov 28, 2023
The 2023 United Nations Climate Change Conference or Conference of the Parties of the UNFCCC, more commonly referred to as COP28, will be the 28th United Nations Climate Change Conference, which will be held from November 30 until December 12, 2023, in Dubai.
Fri, Oct 20, 2023
In a scathing critique of global multilateral institutions, Finance Minister Nirmala Sitharaman said that they've become less effective than a participation trophy. She called for a rethink of their role in the world, saying that they are no longer able to meet the challenges of the 21st century. The comments come as the world grapples with a number of crises, including the COVID-19 pandemic, the war in Ukraine, and the climate crisis.
Fri, Nov 06, 2020
FM said that India’s sustained GDP growth and controlled inflation has boosted investor confidence
Wed, Oct 28, 2020
Union Finance Minister Nirmala Sitharaman on Wednesday said that we have moved ahead a lot but post-pandemic can't say this
Tue, Oct 27, 2020
Finance Minister Nirmala Sitharaman on Tuesday indicated that contraction in the economy due to COVID-19 may come down to near zero this fiscal amid the ongoing economic revival and next year India will be one of the fastest-growing economies.
Sitharaman said that bio fuel effective usage and production of ethanol for being environmentally friendly is also being incentivised.
Sun, Oct 25, 2020
The government on October 12 announced the LTC cash voucher scheme under which central government employees can purchase any goods or services with GST rate of 12 per cent or above to avail the benefit.
Tue, Oct 20, 2020
Just a week after announcing measures to boost consumer demand and provide liquidity to states, Finance Minister Nirmala Sitharaman on Monday said that the government has not closed the option of coming out with another round of stimulus with a view to support the economy amid the pandemic
Wed, Oct 14, 2020
Ministry of Finance has issued a statement on misinterpretation of Leave Travel Concession (LTC) stimulus and its benefits.
Tue, Oct 13, 2020
In a major development, Modi government has announced new measures of Rs 73,000 crore to stimulate consumer spending before end of this Financial Year in fight against COVID-19.
Mon, Oct 12, 2020
Under consumer spending, she announced proposals within two components--LTC cash voucher scheme and special festival advance scheme.
Finance Minister Nirmala Sitharaman on Monday morning launched a new LTC cash voucher scheme with an aim to boost consumer spending across categories. The FM also announced Special Festival Advance Scheme while announcing new relief measures on the economic front.
Union Finance Minister Nirmala Sitharaman and MoS Finance and Corporate Affairs Anurag Thakur is addressing a press conference on Economic issues and the state of economy.
Mon, Oct 05, 2020
Here are other things FM Sitharaman said on 42nd GST Council meeting:-
Tue, Sep 22, 2020
In a bid to promote ease of doing business in India, the Parliament today passed Companies Amendment Bill 2020, which will decriminalise various offences under 48 sections of the companies act 2013. A new chapter on producer organisations will also be introduced in the legislation to help especially those in the agriculture sector
Here are the top points from her address in the Upper House of Parliament:-
Sat, Sep 19, 2020
The Rajya Sabha on Saturday passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 amid the coronavirus pandemic.
Finance Minister Nirmala Sitharaman on Saturday said law provides for carrying out insolvency and bankruptcy proceedings against corporate debtors as well personal guarantors together.
Wed, Sep 16, 2020
7th Pay Commission latest news: While announcing various relief measures last Saturday, Finance Minister Nirmala Sitharaman announced a relief measure that will directly benefit central government employees.
Sat, Sep 12, 2020
Department of Financial Services (DFS) which comes under the Ministry of Finance is opposed to the suggestion of decriminalising offences related to cheque bouncing cases.
Wed, Sep 09, 2020
After Atma Nirbhar Bharat Abhiyaan economic package of Rs 20 lakh crore, the central government is planning to come up with its second stimulus package amid slowdown due to Covid 19 pandemic
Finance Minister Nirmala Sitharaman said on Wednesday that banks are going to be the main source for economic revival.
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