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Latest Articles in nirmala sitharaman

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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PSBs have done very well, they’re showing clear profits: FM Sitharaman

Banks to go for second credit outreach in all districts of the country from October

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Can't Say There Is No Demand For Credit; Banks To Do Loan Outreach From Oct: FM

A push to credit growth from such outreach efforts will also help the momentum set by the stimulus packages, which have been extended by the government since the onset of the pandemic.

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'Does He Even Understand Monetisation?' Sitharaman Takes Jibe At Rahul Gandhi, Congress For Criticising Monetisation Plan

Recalling an incident where Gandhi tore off an ordinance he didn’t agree with, Sitharaman questioned why he didn’t tear off the RFP.

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FM To Meet Ceos Of Public Sector Banks On Wed

The finance minister had said the government is ready to do everything required to revive and support economic growth hit by the COVID-19 pandemic.

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Nirmala Sitharaman Meets Infosys MD, Ask Him To Fix Glitches In IT Dept e-filing Portal Before 15 Sept

"Parekh explained that he and his team were doing everything to ensure smooth functioning of the portal. He assured hon'ble FM that Infosys is working expeditiously to ensure a glitch-free experience to taxpayers on the portal," Income Tax Department Tweeted.

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FM Sitharaman To Start 2-Day Visit To Mumbai From Tuesday

This is the first visit by the finance minister since the onset of the pandemic and comes at a time when a greater focus is on the government for aiding recovery because high inflation constrains the RBI.

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Shipping Assets Worth Rs 12,828 Cr To Be Monetised Under NMP

Union Budget 2021-22 had identified monetisation of operating public infrastructure assets as a key means for sustainable infrastructure financing.

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Govt Eyes Over Rs 45,000 Cr From Monetisation Of Power Transmission Assets By FY25

Assets to be monetized during FY22 includes the PGCIL's InvIT issue transaction for which has already been concluded during April-June quarter of FY22.

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Finance Minister launches National Monetisation Pipeline

The plan lists out government's infrastructure assets which will be monetised over the next four years and aims to ramp up capital expenditure in the economy.

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Central Govt Changed The Definition Of MSME's To Benefits People: Nirmala Sitharaman

Set up by the Exim Bank along with the Small Industries Development Bank of India (Sidbi), the ‘Ubharte Sitaare Fund’ is a combination of advisory and financial services structured support via investments in equity or equity-like instruments, debt (funded and non-funded) and technical assistance (advisory services, grants and soft loans) to the Indian companies.

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FM Launches Ubharte Sitaare Fund; Says Modi Govt Has Created Supportive Ecosystem For Msmes

Sitharaman further said MSME businessmen will not have to undertake an audit for submission of their accounts. 'The government has faith in them, and they can self-attest their accounts and certify them,'

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