Nirmala Sitharaman

Finance Minister Nirmala Sitharaman bats for timely capex to boost growth

India’s gross domestic product has been predicted to contract 4.5 per cent in 2020, the finance ministry earlier said, citing IMF data.

published on : 8th July 2020

How bad is the Covid impact on India? Finance Ministry turns to IMF to explain

Cites the IMF to predict GDP outlook for the fiscal, but also notes that some sectors are showing early signs of revival.

published on : 7th July 2020

Advisor to CM refutes Sitharaman’s claims on Andhra power sector

Ajeya Kallam says AP getting power from NTPC at Rs 4.44 per unit, not Rs 2.7 as claimed by FM, notes AP never tampered with pacts with international companies.

published on : 28th June 2020

Nirmala Sitharaman cautions Andhra government against tampering with big ticket projects

Nirmala Sitharaman noted that if any issue comes up, for any reason, in the international agreements, it would be difficult to complete those projects.

published on : 27th June 2020

Rs 6.6k crore aid given to TN for procurement of medical equipment: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday said the Centre had released Rs 6,600 crore to the State since April, for procurement of medical equipment.

published on : 26th June 2020

'Why even Ganesha idols are imported from China?', asks Finance Minister Nirmala Sitharaman

Ganesha idols made of clay have been traditionally bought from the local potters during Ganesh Chaturthi festival every year, she said.

published on : 25th June 2020

Government closely monitoring repo rate cut transmission by banks to customers: Finance Minister Nirmala Sitharaman .

Last month, the RBI slashed the benchmark repurchase (repo) rate, the price at which banks borrow from the central bank, by 40 basis points to a historic low of 4 per cent.

published on : 19th June 2020

No late fee for non-filing of GST returns from July 2017 by entities with nil liabilities: FM

Maximum late fee for non-filing of monthly GST sales return for July 2017 to January 2020 capped at Rs 500

published on : 12th June 2020

Banks get an interest rate rap on their knuckles

It is also commendable that the FM sternly told the bankers to hold board meetings and speed up cuts in interest rates on loans.

published on : 11th June 2020

Government to ensure firms don't get picked up at throwaway prices: FM Sitharaman

The outbreak of COVID-19 has hit industries across the world due to depressed demand caused by lockdowns.

published on : 29th May 2020

Extend loans to sharecroppers: Finance Minister Nirmala Sitharaman tells banks

Banks assigned for opening branches in rural areas should cover all the panchayats under the financial inclusion programme by this fiscal-end, he said.

published on : 29th May 2020

Fishermen are middle class too, says FM Nirmala Sitharaman

Stating that it’s too early to assess the impact of coronavirus on the economy, the minister said she had confidence in the entrepreneurs.

published on : 24th May 2020

Future actions to stimulate economy will depend on how COVID-19 crisis pans out: Nirmala Sitharaman

The Finance Minister said that making a 'realistic assessment' of economic growth would be difficult at this point of time as there is no clarity.

published on : 23rd May 2020

Industry needs to reset relations with workers, says FM Nirmala Sitharaman amid COVID-19 crisis

The industry should also strive to work towards the skilling of employees at all levels, CII quoted her as saying in a statement.

published on : 20th May 2020

Unions gloomy as privatisation cloud hangs over Singareni

RSS-affiliate Bharatiya Mazdoor Sangh (BMS) is getting ready to organise a three-day protest programme against the privatisation of SCCL.

published on : 20th May 2020
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