Page 116 - Latest Updates on Nirmala Sitharaman
Banks must ensure credit schemes reach eligible citizens: FM Sitharaman
'Difficult situation' caused by unintended people getting benefits of credit programmes now over, she says
 "Banks must ensure credit schemes reach eligible citizens: FM Sitharaman")
Organic crops in great demand but storage a challenge, says FM Sitharaman
Union Finance Minister Nirmala Sitharaman said that organic vegetables and fruits produced in Nagaland are in great demand but aggregating, storing and finding markets is a challenge
Capex loan disbursement to states may rise to Rs 70,000 cr by Q2 end
This is lower than Finance Minister Nirmala Sitharaman's expectation Rs 1 trillion would be released by end of September
 "Capex loan disbursement to states may rise to Rs 70,000 cr by Q2 end")
FM Sitharaman to arrive in Nagaland for 3-day visit, inaugurate CSR event
Sitharaman will visit Mon on Tuesday morning to inaugurate the first branch of Axis Bank in the remote district
India's CBDC roll-out likely this fiscal with wholesale businesses
India's own sovereign-backed CBDC was first announced by Union Finance Minister Nirmala Sitharaman in the 2022 Union Budget
 "India's CBDC roll-out likely this fiscal with wholesale businesses")
India supplies nearly 60% of vaccines used worldwide: FM Sitharaman
FM Nirmala Sitharaman on Wednesday said nearly 60 per cent of all the vaccines used in the world are produced in India and, the country has made remarkable contribution to vaccinating the world.
 "India supplies nearly 60% of vaccines used worldwide: FM Sitharaman")
Govt nods enhancing ECLGS limit to Rs 5 trn for hospitality, allied sectors
Union Cabinet has approved the enhancement in the limit of Emergency Credit Line Guarantee Scheme by Rs 50,000 crore Rs 5 Lakh crore, with the additional amount being earmarked entities in hospitality
 "Govt nods enhancing ECLGS limit to Rs 5 trn for hospitality, allied sectors")
WazirX controversy bares crypto's vault of trade secrets in India
The ED found that large amounts of funds were diverted by the fintech companies to buy crypto assets and then launder them abroad
 "WazirX controversy bares crypto's vault of trade secrets in India")
Jal Jeevan Mission makes significant strides in 3 years since inception
Around 52% of rural households have been provided piped water supply till August
 "Jal Jeevan Mission makes significant strides in 3 years since inception")
Vande Bharat Express's 3rd rake to be field tested for 15,000 km: Vaishnaw
According to him, all tests such as static, dynamic, oscillation and others will be carried out and added that ICF will be rolling out more such trains.
 "Vande Bharat Express's 3rd rake to be field tested for 15,000 km: Vaishnaw")
Health and education have never been called freebies: FM Sitharaman
Delhi Chief Minister has given a perverse twist to the debate on freebies, says FM
 "Health and education have never been called freebies: FM Sitharaman")
GoM on casinos, online gaming to submit report to FM in 1-2 days: Report
The GST Council is likely to meet towards the end of this month or early September and discuss the report of the Group of Ministers (GoM), the sources added.
 "GoM on casinos, online gaming to submit report to FM in 1-2 days: Report")
Fair share
Dependence on cess and surcharge must come down
 "Fair share")
India at 75: Prudent public finance policy still remains a challenge
Among other things, making the direct tax regime less confusing and bringing in expenditure reform are crucial challenges for the central government
 "India at 75: Prudent public finance policy still remains a challenge")
Centre asks IBA to ready EASE-like plan for regional rural banks
The banks' lobby group has been asked to assist with the preparation of the viability plan for RRBs
 "Centre asks IBA to ready EASE-like plan for regional rural banks")
RBI took steps to promote rupee as preferred currency for global trade: FM
RBI asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency.
AAP MP lauds Centre's decision to waive off GST from religious places
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that the Goods and Services Tax (GST) is not levied on inns run by religious or charitable trusts.
Bumper GST collections could lead to compensation windfall for states
Extending compensation is a topic that has remained a sticking point in India's federal structure, with not only opposition states but also BJP-governed states speaking about it
 "Bumper GST collections could lead to compensation windfall for states")
Foreign tourist arrivals pick up, but still a long way behind 2019 levels
Govt spells out two-pronged strategy to improve numbers; but industry warns of low interest in India
 "Foreign tourist arrivals pick up, but still a long way behind 2019 levels")
Panel led by cabinet secy seeks more info on Central Electronics sale
Privatisation of state-owned firm held up after money laundering case against top bidder
 "Panel led by cabinet secy seeks more info on Central Electronics sale")