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Latest Articles in nirmala sitharaman

Well-Managed Companies Attract Equity Investors: Finance Minister Nirmala Sitharaman

"Between 2020 and today, you see a lot of retail investors getting interested in the stock market in India... the money is flowing from retail and big-ticket investors all towards well-managed companies...”

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Banks Disburse Rs 7,500 Cr Under Credit Guarantee Scheme For Micro Finance Institutions

The scheme was announced by Finance Minister Nirmala Sitharaman in June as part of a Rs 6.29 lakh crore package to provide relief to various sectors affected by the second wave of the COVID-19 pandemic.

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Post-Pandemic Policies Must Give Adequate Recognition To Mental Wellbeing: FM Sitharaman

UN Secretary-General Antonio Guterres has called for accelerated action on jobs and social protection to avoid an uneven global recovery and prevent future crises.

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Data Privacy Should Not Be Compromised In Using Fintech, Says FM Sitharaman

"Data privacy is one of the things which is very important and it is an issue on which there can be a lot of contentious views. However, basic respect for privacy...as the guiding principle is well appreciated

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Bad Bank Will Not Fix Toxic Pile, Alleviate Some Pain: Jaya Vaidhyanathan

During her address on September 16, the Finance Minister also said the government has addressed many issues faced by the banking sector.

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India Needs 4-5 'SBI Size' Banks To Meet Growing Needs Of Economy: Sitharaman

As far as the long-term future is concerned, she said it is going to be largely driven by digitised processes and there is a need for seamless and interconnected digital systems for a sustainable future for the Indian banking industry

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Petrol, Diesel Prices And Food Delivery Apps - What Will Be On Agenda Of GST Council Meet Today

The Council may also discuss the proposal of reducing GST from 12 per cent to 5 per cent to seven more drugs till December 31, 2021. These are Itolizumab, Posaconazole, Infliximab, Bamlanivimab & Etesevimab, Casirivimab & Imdevimab, 2-Deoxy-D-Glucose and Favipiravir.

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More Than Rs 30,000 Cr Guarantee Approved For Bad Bank By Cabinet: FM

The NARCL is going to pay a total of 15 per cent of the agreed value for the cash loans and the remaining 85 per cent is going to be government-guaranteed security receipts.

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Trust Between Govt, Industry Critical To Leverage Opportunities Created By Covid-19: FM Nirmala Sitharaman

Elaborating on the government’s strategy for handling the pandemic, the minister said that on one hand the focus is on ramping up vaccination as that was the biggest protection against the pandemic while on the other hand the government is working on ramping up health infrastructure, including in the tier 2 and tier 3 cities, by supporting the private sector.

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Trust Between Govt, Industry Critical To Leverage Opportunities Created By COVID: FM

The Centre budgeted Rs 1.75 lakh crore from stake sale in public sector companies including strategic sale of IDBI Bank, BPCL, Shipping Corp, Container Corporation, Neelachal Ispat Nigam Ltd, among others.

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GST Council Meet On September 17 To Review Rate On COVID Essentials, Compensation Mechanism

The meeting on September 17 could discuss compensation to states for loss of revenue, review of rates on COVID essentials, and inverted duty on certain goods.

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Over 43.04 Cr Beneficiaries Banked Under PMJDY Since Inception: Govt

The PMJDY scheme, which completed seven years of its implementation on Saturday, witnessed a rise of 6.38 times in total deposits under these registered accounts.

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Assets Belong To Country; PM Doesn't Own Them: Mamata On NMP; BJP Hits Back

Finance Minister Nirmala Sitharaman on Monday announced Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways.

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Exports From Indian Sports Goods Industry Can Reach $500 Million Mark: Exim Bank Study

The report opined that the Government of India’s focus on Atmanirbhar Bharat and the untapped potential in the sports goods sector can help India achieve the milestone of $500 million

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Nirmala Sitharaman Sets Agenda For State Banks, Specific Plans For North East, Odisha, WB

The EASE 4.0 policy is the Union Government reform agenda for public banks with the objective of institutionalising clean and smart banking. The review meeting headed by Sitharaman was to review the financial performance of the lenders and progress made by PSBs, in order to support the Indian economy affected by the ongoing Coronavirus pandemic.

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