Finance Minister

Momentum of economic reforms will continue, Finance Minister Sitharaman assures industry

'The momentum for reform shall continue. Several more active reform-related steps are being taken up,' Sitharaman said.

published on : 23rd November 2020

INTERVIEW | CAG row to be major electoral plank, UDF to pay heavy price, says Thomas Isaac

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.

published on : 18th November 2020

Government working on short, medium-term measures to control price rise: Finance Minister 

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.

published on : 12th November 2020

Atmanirbhar 3.0 stimulus: FM announces Rs 18,000 crore additional outlay for urban housing scheme

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.

published on : 12th November 2020

FM Nirmala Sitharaman announces stimulus 3.0, says indicators showing recovery in economy

The package included Rs 1.46 lakh crore production-linked scheme for ten sectors, which was cleared by the cabinet on Wednesday.

published on : 12th November 2020

Turkish lira rallies after Erdogan's son-in-law resigns

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.

published on : 9th November 2020

Centre may expand ambit of Emergency Credit Line Guarantee Scheme

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. 

published on : 7th November 2020

FM's skill set very different, was difficult working with her: Ex-Finance Secy hits out at Nirmala

"Sitharaman did not seem to have confidence in me. She was not quite comfortable working with me as well," says Subhash Chandra Garg

published on : 31st October 2020

Finance Minister sees GDP growth in negative zone or near zero in current fiscal

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.

published on : 27th October 2020

Finance Minister's negative response disappoints Sainik School officials

TNIE, on October 12, had brought to the attention of the authorities how SSK was facing insolvency.

published on : 24th October 2020

Finance Minister Nirmala Sitharaman asks CPSEs to spend 75 per cent of capex by December

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.

published on : 20th October 2020

42nd GST Council meeting begins, FM Nirmala Sitharaman chairs meet

The non-BJP ruled states are at loggerheads with the Centre over the issue of funding the shortfall.

published on : 5th October 2020

Release dues as CAG not happy with IGST sharing, Harish tells Centre

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.

published on : 2nd October 2020

Temporary retention of GST cess pending reconciliation not diversion: Finance Ministry 

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).

published on : 26th September 2020

Banking Amendment Bill will protect interests of depositors, assures FM Sitharaman

The Bill will allow the Reserve Bank of India (RBI) to undertake amalgamation or reconstruction of a bank without placing it under a moratorium.

published on : 23rd September 2020
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