2023-12-07 08:57:10 Finance Minister Nirmala Sitharaman on Thursday voiced concerns against the “one-sided” move by advanced jurisdictions like the EU to impose tariffs on high-carbon goods coming from other sources, saying it goes against the interests of the Global South and that the green agenda shouldn’t be pursued by some at the expense of others. … Read more
2023-12-04 13:55:21 There is no proposal under consideration to relax the existing terms for borrowing capacity of the State Governments, Finance Minister Nirmala Sitharaman told Parliament Monday. “Presently, there is no proposal to relax the existing terms for borrowing capacity of the State Governments including the Government of Kerala,” Sitharaman said in response to a … Read more
2023-11-19 14:03:29 Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Sunday said women entrepreneurs are accorded first priority under the Centre’s flagship Pradhan Mantri Mudra Yojana scheme which offers financial assistance to beneficiaries.Distributing sanction letters to beneficiaries under the PM SVANidhi Se Samriddhi programme which offers loans to street vendors, here, she said officials … Read more
2023-10-21 01:24:00 Finance minister Nirmala Sitharaman said on Friday that the government is looking at reducing its debt burden further and has already resorted to prudent spending by resisting the temptation of fiscal profligacy, especially after the pandemic, to avoid burdening future generations. In her inaugural speech at the Kautilya Economic Conclave 2023 in the … Read more
2023-10-05 18:34:53 New Delhi: Finance minister Nirmala Sitharaman on Thursday said JPMorgan’s decision to include Indian government bonds in its widely tracked emerging market debt index could potentially lead to annual inflows of about $23 billion into the country. JPMorgan will start adding the securities from June 28, 2024 and India will have a maximum … Read more
2023-08-30 00:48:15 India’s private sector has started to invest, and the economy will do well in the coming quarters, finance minister Nirmala Sitharaman said, while exuding confidence that India will be able to manage the spillovers of high US interest rates. In a freewheeling interview with ET, Sitharaman said Prime Minister Narendra Modi will return … Read more
2023-07-01 13:45:23 Finance Minister Nirmala Sitharaman on Saturday said Goods and Services Tax (GST) has helped bring down the taxes for consumers by removing the cascading effect of ‘tax-on-tax’ and added to the revenue buoyancy of states. She said the GST system has seen massive scaling up since its implementation on July 1, 2017, and … Read more
2023-05-09 18:07:34 Finance minister Nirmala Sitharaman said on Tuesday that the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has provided crucial support to around 664,000 families, who have received ₹13,290 crore against their claims. On the eighth anniversary of the Jan Suraksha schemes, which also include the Suraksha Bima Yojana (PMSBY) and the Atal Pension … Read more