According to the International Monetary Fund’s World Economic Outlook, India is estimated to be the fastest-growing major economy in 2021, projected to grow at 9.5 percent in 2021 and 8.5 percent in 2022.
Tag: Nirmala Sitharaman
To a question on the farmers’ protests, Sitharaman said that the three acts which the government brought in were discussed by the various parliamentary committees over a decade.
Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India, will address the Valedictory Session on 30th September.
Sitharaman said the Council members did not see find the current situation appropriate to bring petroleum products under the GST.
The key agenda of the meeting is how to bring diesel, petrol and other petroleum products in the ambit of GST. The meeting will also be attended by MoS Finance Pankaj Chaudhary.
The National Monetisation Pipeline (NMP) comprises a four-year pipeline of the Central Government’s brownfield infrastructure assets.
The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 was passed by the Lok Sabha on July 28 and by the Rajya Sabha on Tuesday following a brief discussion amid ruckus created by Opposition parties over the Pegasus snooping row and other issues.
In a message to tax officers on the fourth anniversary of historic tax reform GST, she said in the last four years the taxpayer base has almost doubled from 66.25 lakh to 1.28 crore.
Congress leader Rahul Gandhi alleged that the small saving rates would be reduced soon after elections.
Union Finance Minister Nirmala Sitharaman will move the Insurance (Amendment) Bill 2021 in Rajya Sabha for passing on Thursday.
Sitharaman said that as the leader of the main opposition party, Rahul Gandhi should engage in serious discussions rather than throwing two-liners.
Sitharaman said that she has provided long-term certainty with short-term stimulus in her budget. She urged AIMA to nudge Indian business into investing and expanding capacity.
Govt committed to farmers’ welfare, MSP system strengthened, sharp increase in payment to farmers: FM
In her budget speech for the next fiscal, she said the procurement of crops like paddy, wheat, pulses and cotton has jumped manifold in the last six years.
Presenting the Union Budget for 2021-22, she said the government is also working on a national language translation initiative.
Presenting the Union Budget for 2021-22, she said Railways will monetise dedicated freight corridors.
Earlier Union Road Transport Minister Nitin Gadkari had said last week that policy to scrap more than 15-year-old vehicles owned by government departments and PSUs is likely to be notified soon and will be implemented from April 1, 2022.
As per established tradition, the Finance Minister met the President at the Rashtrapati Bhawan before heading to Parliament.
Sitharaman on Thursday had said the economy has been hit by the pandemic, which is an ”Act of God”, and it will see a contraction in the current fiscal.
In her address at the virtual inauguration of the Nani Palkhivala Centenary Celebrations at the SASTRA University, she said the government views the taxpayers as “nation-builders”.
D.K. Aggarwal, President, PHD Chamber of Commerce and Industry said the economic package is not only the monetary and financial stimulus, but also contains game changing reforms.
FM Nirmala Sitharaman press conference: Essential Commodities Act amendments to give better price realisation for farmers, says FM
FM Nirmala Sitharaman LIVE: After announcing relief for some of the India’s poorer section of the society including migrant workers, street vendors and small farmers, Nirmala Sitharaman will announce some more measures.
Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
The Centre has decided to review the definition of micro, small and medium enterprises (MSME) and announced increase of investment limits.
Finance Minister Nirmala Sitharaman on Wednesday detailed six measures for supporting the country’s MSME sector under the Centre’s massive stimulus programme.
State Bank of India has expressed its willingness to make an investment in Yes Bank and participate in its reconstruction scheme, it said.