Page 112 - Latest Updates on Nirmala Sitharaman
FM criticises states seeking more funds, says 'You, Me' culture won't work
Union Finance Minister Nirmala Sitharaman on Monday criticised states seeking greater funds from the Central government on the basis of the fact that they generated more revenue
 "FM criticises states seeking more funds, says 'You, Me' culture won't work")
India to set climate resilient urban growth as G-20 infra agenda
Officials say that the issue climate resilient urban infrastructure is key for developing and developed economies
 "India to set climate resilient urban growth as G-20 infra agenda")
Rupee fall may or may not help exports, says FM Nirmala Sitharaman
Sitharaman said the central bank has used nearly $75 billion to stop fluctuations and severe volatitlies in rupee-dollar exchange rate
 "Rupee fall may or may not help exports, says FM Nirmala Sitharaman")
Govt draws up plans to address concerns of green bond investors
A government official aware of the developments said the treatment for such bonds had to be different from that for the money raised through various types of cess
 "Govt draws up plans to address concerns of green bond investors")
Cooperative sector happy with Centre's decisions, says FM Sitharaman
On inflation, the finance minister said the government is constantly working to keep it under control
 "Cooperative sector happy with Centre's decisions, says FM Sitharaman")
Rupee has held back very well among peers against dollar: FM Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the rupee has "held back very well" when compared to other currencies against the US Dollar.
 "Rupee has held back very well among peers against dollar: FM Sitharaman")
Govt making efforts to keep inflation under 4%: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said the government was making efforts to keep inflation under 4 per cent and steps were being taken to ensure people get essential goods at fair price
 "Govt making efforts to keep inflation under 4%: Nirmala Sitharaman")
Government does not interfere in functioning of ED, says FM Sitharaman
Union Finance Minister Nirmala Sitharaman on Thursday said the government does not interfere in the functioning of the Enforcement Directorate (ED) and rejected the Opposition criticism
Delisting of lending apps will be an ongoing process on Google Play Store
Verification involves manual interventions that can be quite complex
 "Delisting of lending apps will be an ongoing process on Google Play Store")
Slowdown in West, on balance, would be positive for India: CEA Nageswaran
'Signs are very encouraging' are for the Indian economy, he says in an interview
 "Slowdown in West, on balance, would be positive for India: CEA Nageswaran")
Working to implement common KYC for financial transactions: FM Sitharaman
Says developed nations haven't done their bit on climate change
 "Working to implement common KYC for financial transactions: FM Sitharaman")
Sitharaman nudges fintech players to have more engagement with govt
Sitharaman further said everyone in the government, whether the prime minister, ministers or think-tank Niti Aayog, is constantly available for engagement, discussions, and exchange of ideas.
Other nations showing interest in India's payment ecosystem: FM Sitharaman
India leading the way in building an inclusive financial world, she says
At it yet again! The sequencing problem in setting a base year for GDP
The current datelines imply the GDP changes will happen only after the general elections of 2024
 "At it yet again! The sequencing problem in setting a base year for GDP")
Centre seeks hiring plan after public banks see dip in staff strength
In the last 10 years, the number of branches of PSBs across the country have gone up, but staff strength has fallen
 "Centre seeks hiring plan after public banks see dip in staff strength")
IFC MD Diop meets FM Sitharaman, discusses lending opportunities in India
She reiterated India's expectation of a rise in IFC's lending to India to $2-2.5 billion in the next 1-2 years and $3-3.5 billion in next 3-4 years, the finance ministry said in a series of tweets
Govt working on GST on crypto transactions, defining legal framework
The government is working on a comprehensive indirect tax regime for crypto assets which will check revenue loss to the exchequer
 "Govt working on GST on crypto transactions, defining legal framework")
Centre plans to offer sops for natural farming under national mission
The central government is considering offering sops to farmers to adopt natural ways of farming, which will be part of a soon-to-be-launched national mission
 "Centre plans to offer sops for natural farming under national mission")
FM Sitharaman to meet CEOs of PSBs to review progress of schemes for SCs
Schemes like Stand-Up India, Pradhan Mantri Mudra Yojana, and Credit Enhancement Guarantee Scheme for Scheduled Castes and their progress would be discussed during the meeting, said sources
Sitharaman participates in roundtable with Singapore, talks bilateral ties
During the meeting, the Ministers emphasised on ways of enhancing cooperation between the two countries in the emerging and futuristic areas.