Apr 06, 2023, at 01:30 am
New Delhi/IBNS: The government has sanctioned over Rs 40,600 cr in the last seven years under Stand-Up India (SUPI) Scheme aimed at promoting entrepreneurship at the grassroots level focusing on economic empowerment and job creation.
ADB president Masatsugu Asakawa meets PM Modi, proposes $25 billion for India's development projects
Feb 23, 2023, at 04:41 am
New Delhi/IBNS: Asian Development Bank President Masatsugu Asakawa on Tuesday met Prime Minister Narendra Modi and conveyed ADB's intention to provide $20-25 billion resources over five years to advance India's aspirations for fast, inclusive, and green growth.
Centre will clear entire GST compensation dues: Nirmala Sitharaman
Feb 19, 2023, at 02:24 am
New Delhi/IBNS: The government will clear the GST compensation, including the entire pending balance of Rs 16,982 crore for June 2022 due as of Saturday, Finance Minister Nirmala Sitharaman said.
FM Sitharaman says LIC, SBI exposure to Adani Group within permissible limits: Report
Feb 04, 2023, at 02:58 am
Mumbai: Finance Minister Nirmala Sitharaman Friday said the exposure of big lenders such as LIC and State Bank of India (SBI) to the crisis-hit Adani Group is well within the permissible limits as stated by these lenders, according to media reports.
Union Budget 2023-24: Gems and jewellery industry unhappy over 10 pc import duty on gold
Feb 03, 2023, at 07:06 am
New Delhi/IBNS: The gems and jewellery industry expressed disappointment over the Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1), saying that it failed to address the industry’s core concerns.
Feb 01, 2023, at 10:50 pm
New Delhi: While presenting the Union Budget 2023-24 in Parliament here on Wednesday, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman proposed to continue the financial sector reforms and innovative use of technology which have led to financial inclusion at scale, better and faster service delivery, ease of access to credit and participation in financial markets.
Feb 01, 2023, at 10:25 pm
New Delhi: India is moving forward firmly for the ‘panchamrit’ and net-zero carbon emission by 2070 to usher in green industrial and economic transition, Union Finance Minister Nirmala Sitharaman tells in her Budget speech on Wednesday.
Union Budget: Highest ever capital outlay of Rs. 2.40 lakh crore announced for Indian Railways
Feb 01, 2023, at 10:04 pm
New Delhi: Finance Minister Nirmala Sitharaman said in her Union Budget speech that a capital outlay of Rs. 2.40 lakh crore has been provided for the Railways.
Feb 01, 2023, at 09:46 pm
New Delhi: While enunciating the government’s vision of providing a transparent and accountable administration which works for the betterment and welfare of the common citizen, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, presented the Union Budget 2023-24 in Parliament on Wednesday.
NEP formulated to empower youth: Nirmala Sitharaman tells in her Union Budget speech
Feb 01, 2023, at 09:16 pm
New Delhi: To empower our youth and help the ‘Amrit Peedhi’ realize their dreams, we have formulated the National Education Policy, focused on skilling, adopted economic policies that facilitate job creation at scale, and have supported business opportunities, said Union Minister for Finance & Corporate Affairs Nirmala Sitharaman while presenting the Union budget 2023-2024 in Parliament here on Wednesday.
Union Budget: Teacher's training to be revamped
Feb 01, 2023, at 09:09 pm
New Delhi: The Government's philosophy of Sabka Saath Sabka Vikas has facilitated inclusive development, said the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman while presenting the Union Budget 2023-24 in Parliament on Wednesday.
Union Budget: Atmanirbhar Clean Plant Program to be launched with an outlay of Rs. 2,200 crore
Feb 01, 2023, at 08:51 pm
New Delhi: An Atmanirbhar Clean Plant Program will be launched with an outlay of Rs. 2,200 crore to boost availability of disease-free, quality planting material for high value horticultural crops, the Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said while presenting the Union Budget 2022-23 in Parliament on Wednesday.
Feb 01, 2023, at 07:31 pm
New Delhi/IBNS: Ahead of the 2024 general elections in India and polls in key states this year itself, Union Finance Minister Nirmala Sitharaman on Wednesday presented the annual budget offering a big relief to the taxpayers while emphasizing on job creations and ramping up capital spending.
Nirmala Sitharaman to present Union Budget today
Feb 01, 2023, at 02:23 pm
New Delhi: Union Finance Minister Nirmala Sitharaman will present the Budget on Wednesday, the last full-year major presentation ahead of the Lok Sabha Polls in 2024.
73% consumers expect reduction in prices of essential items in Budget 2023: Survey
Feb 01, 2023, at 03:53 am
Mumbai/IBNS: Reduction in the price of essentials is the biggest expectation from the 2023 budget, according to a pre-budget survey conducted by Consumer data intelligence company Axis My India.
Nearly 22 crore beneficiaries verified under Ayushman Bharat Scheme: Economic Survey
Jan 31, 2023, at 11:19 pm
New Delhi: As many as 21.9 crore beneficiaries have been verified under the Ayushman Bharat Pradhan Mantri – Jan Arogya Yojana (AB PM-JAY) Scheme including 3 crore beneficiaries verified using State IT systems as on January 4, 2023.
Jan 31, 2023, at 10:49 pm
New Delhi: Elaborating on success story of India’s National Covid-19 Vaccination Programme, the Economic Survey 2022-23, tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, says that as on 6 January 2023, India has been able to administer more than 220 crore Covid vaccine doses across the country.
Jan 31, 2023, at 10:17 pm
New Delhi: While the role of traditional infrastructure has been well recognised, in recent years, the role of digital infrastructure in socio-economic development of the country has assumed an increased importance, revealed the Economic Survey.
Cleaner balance sheets lead to enhanced lending by financial institutions: Economic Survey
Jan 31, 2023, at 09:47 pm
New Delhi: The balance sheet clean-up exercise over the last few years has enhanced the lending ability of financial institutions – seen in double-digit growth of non-food credit offtake by Scheduled Commercial Banks (SCBs) since April 2022, as per the Economic Survey 2022-2023 released on Tuesday.
GST Council decides to decriminalise certain offences, no tax rate increase
Dec 17, 2022, at 10:43 pm
New Delhi: In a significant move to facilitate trade, the GST Council chaired by Finance Minister Nirmala Sitharaman on Saturday decided to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore under GST.
Upcoming budget will follow spirit of earlier budgets: Union Finance Minister Nirmala Sitharaman
Dec 16, 2022, at 08:15 pm
New Delhi: The upcoming Union Budget will follow the spirits of the earlier budgets, Union Finance Minister Nirmala Sitharaman said on Friday.
Centre on track to achieve fiscal deficit target of 6.4 pc for FY23: Sitharaman
Dec 15, 2022, at 08:02 am
New Delhi/IBNS: Finance Minister Nirmala Sitharaman Wednesday told the Lok Sabha that the government will be able to achieve the fiscal deficit target of 6.4 percent of GDP for 2022-23 (FY23) even after taking into account Rs 4.36-trillion additional spending.
Sithraman urges startups to innovate to tackle climate change, boost millet production
Nov 27, 2022, at 08:46 pm
Bengaluru/IBNS: Union Finance Minister Nirmala Sitharaman Saturday urged the startups to foray into less glamorous areas like climate change, millet production and improving the condition of farmers, said media reports.
FM Sitharaman aims to bring down fiscal deficit amid global economic turmoil
Nov 26, 2022, at 04:39 am
New Delhi/IBNS: India aims to narrow its budget deficit by 50 basis points even as the country is forced to spend more on food and energy owing to the war in Ukraine, media reports said.
Nirmala Sitharaman holds pre-budget meeting with finance ministers of states & UTs
Nov 26, 2022, at 02:40 am
New Delhi: Union Finance Minister Nirmala Sitharaman Friday held a pre-budget meeting of finance ministers of all states and union territories for taking their inputs and suggestions for the 2023-24 Budget.
Finance Minister approves India’s first Sovereign Green Bonds Framework
Nov 10, 2022, at 05:28 am
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has approved the final Sovereign Green Bonds framework of India.
India seen as island of calm amid challenging times: Nirmala Sitharaman
Nov 02, 2022, at 10:40 pm
Bengaluru: Union Finance Minister Nirmala Sitharaman on Wednesday said because of the careful planning, targeted facilitation and fiscal prudence of Prime Minister Narendra Modi during challenging times, "India is seen as an island of calm".
Indian economy will stay on course and is projected to grow at 7% in FY 2022-23: Nirmala Sitharaman
Oct 15, 2022, at 08:31 pm
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the Plenary Meeting of the International Monetary and Financial Committee (IMFC) at the International Monetary Fund Headquarters during the Annual Meetings 2022 in Washington DC, on Saturday when she said the country's economy is projected to grow 7 percent in FY 2022-23.
Rupee in a firm position compared to other currencies: Sitharaman
Sep 25, 2022, at 05:01 pm
Pune: Union Finance Minister Nirmala Sitharaman Saturday said the rupee has stood much stronger against the US dollar in comparison to other currencies.
Sep 17, 2022, at 07:32 am
Mumbai: Public sector lender Canara Bank was Friday awarded the 3rd rank under the prestigious EASE Reforms Index Award 2022 (EASE 4.0 Awards).