'The momentum for reform shall continue. Several more active reform-related steps are being taken up,' Sitharaman said.
In an interview with TNIE, he says the CAG row will be a major electoral plank for LDF, and UDF will have to pay a heavy price if they don't speak up at least now.
Speaking to reporters, Sitharaman said floods in certain districts have led to uptick in prices of perishable goods, and the government is taking steps for their better preservation.
She said the Rs 18,000 crore would be provided over and above the Budget Estimates for 2020-21 for the Prime Minister Awas Yojana (Urban) through additional allocation and extra budgetary resources.
The package included Rs 1.46 lakh crore production-linked scheme for ten sectors, which was cleared by the cabinet on Wednesday.
During Berat Albayrak's two years as finance minister, Turkey suffered a currency crisis in 2018, before hitting multiple record lows against the dollar this year.
The ECLGS was launched as a part of the Aatmanirbhar Bharat package announced by finance minister Nirmala Sitharaman in May to help MSMEs fight liquidity stress.
"Sitharaman did not seem to have confidence in me. She was not quite comfortable working with me as well," says Subhash Chandra Garg
Overall, the GDP growth current fiscal (April 2020 to March 2021) will be in negative zone or near zero, she said, adding the growth will revive from the next fiscal.
TNIE, on October 12, had brought to the attention of the authorities how SSK was facing insolvency.
Finance ministry officials also suggested that the companies should consider exercising the option of buying back shares if they are not able to meet the targets.
The non-BJP ruled states are at loggerheads with the Centre over the issue of funding the shortfall.
When compared to the previous year, the GST collection in September this year witnessed a shortfall of two per cent, as per the figures released by the Centre.
Sources said that in 2017-18, Rs 62,611 crore was collected, out of which the government released full compensation dues of Rs 41,146 crore to the states and union territories (UTs).
The Bill will allow the Reserve Bank of India (RBI) to undertake amalgamation or reconstruction of a bank without placing it under a moratorium.