Page 3 - Latest Updates on Nirmala Sitharaman
Bank privatisation won't hurt financial inclusion or national interest: FM
Finance Minister Nirmala Sitharaman said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned
 "Bank privatisation won't hurt financial inclusion or national interest: FM")
India to soon become world's third-largest economy: FM Sitharaman
Finance Minister Nirmala Sitharaman said India has grown from the 10th to the 5th-largest economy since 2014 and is on track to become the third-largest in the world soon
 "India to soon become world's third-largest economy: FM Sitharaman")
FM Sitharaman starts Bhutan tour to strengthen bilateral economic ties
According to a press statement, the visit, scheduled from October 30 to November 2, 2025, underscores India's enduring partnership with Bhutan, built on mutual trust, respect, and shared goals
 "FM Sitharaman starts Bhutan tour to strengthen bilateral economic ties")
₹13,000 crore mega plan taking shape to make India a global toy hub
Under the proposed scheme, the types of incentives are being planned - Turnover Linked Incentive (TLI), Localisation Linked Incentive (LLI) and Employment Linked Incentives (ELI) are being planned
 "₹13,000 crore mega plan taking shape to make India a global toy hub")
Be polite in dealing with honest taxpayers: Sitharaman tells GST officers
The minister also nudged Goods and Services Tax (GST) officers to make use of technology to reduce the compliance burden on taxpayer seeking GST registration
GST reforms drive record festive demand, says FM Nirmala Sitharaman
She said this marginal deviation was due to cases where input taxes remained higher than output rates, leading to small adjustments before products reach consumers
 "GST reforms drive record festive demand, says FM Nirmala Sitharaman")
GST rate cuts reaching consumers, reforms widely welcomed: Sitharaman
Sitharaman explained that while a few products witnessed a smaller-than-expected pass-through, overall, the rate cuts have effectively translated into lower prices for consumers
 "GST rate cuts reaching consumers, reforms widely welcomed: Sitharaman")
Increase agricultural credit to meet rural India's demands: FM to banks
She advised the bank to increase its share in ground-level agriculture credit disbursement, with special focus on emerging areas of the economy
 "Increase agricultural credit to meet rural India's demands: FM to banks")
Nirmala Sitharaman reviews KaGB, focuses on FPO and MSME lending
Finance Minister reviews Karnataka Grameena Bank's performance in Ballari, calling for greater focus on rural lending, MSME support, and FPO financing for inclusive growth
FM Sitharaman inaugurates Farmers Training Centre in Karnataka under MPLADS
The facility has been set up in collaboration with the National Bank for Agriculture and Rural Development (NABARD), official said
FM Sitharaman urges farmers to utilise govt schemes for higher profits
Sitharaman added that the government aims to promote rural entrepreneurship to generate jobs in villages
FHRAI urges FM Sitharaman to restore ITC, delink F&B GST from room tariffs
Hospitality body seeks regularisation of past GST dues, restoration of input tax credit for hotels, and flexibility in F&B taxation linked to room pricing
 "FHRAI urges FM Sitharaman to restore ITC, delink F&B GST from room tariffs")
Sitharaman launches farmers' training, agro-processing centres in Karnataka
Finance Minister is expected to visit the farmers' training and common facility centres for agro-processing to inaugurate them in four districts, including Vijayanagara, Bellary, Koppal, and Raichur
Govt urges Tatas to resolve boardroom dispute to maintain group stability
Tata Trusts dispute focuses on trustee seats on Tata Sons board, group's business direction, and handling minority shareholder Shapoorji Pallonji's planned exit
 "Govt urges Tatas to resolve boardroom dispute to maintain group stability")
More than resilience, economy needs hard-nosed reforms to sustain growth
It is necessary to see the challenge posed by the prevailing situation as an opportunity and respond effectively to make the economy competitive
 "More than resilience, economy needs hard-nosed reforms to sustain growth")
Union Finance Minister Nirmala Sitharaman in Ayodhya on two-day visit
Traditional melodies filled the air as her convoy, under tight security, proceeded to Hotel Radisson, before she began her scheduled engagements
 "Union Finance Minister Nirmala Sitharaman in Ayodhya on two-day visit")
How GIFT City's new forex settlement system can be a game-changer for India
The new real-time foreign currency settlement system situates GIFT City among global financial centres like Hong Kong and Tokyo, with a promise of faster transactions and better liquidity
 "How GIFT City's new forex settlement system can be a game-changer for India")
Noel, Chandra meet Shah, Sitharaman amid rising tension at Tata Trusts
It is learnt that the govt decided to intervene and called an urgent meeting to help resolve a crisis at the leading business house of the country and deliberate on ''misgovernance'' at Tata Trusts
 "Noel, Chandra meet Shah, Sitharaman amid rising tension at Tata Trusts")
Amit Shah, Sitharaman meet Tata Group trustees amid boardroom dispute
Tata Group trustees, including Noel Tata and N Chandrasekaran, met Home Minister Amit Shah and Finance Minister Nirmala Sitharaman amid internal disputes over board appointments at Tata Sons
 "Amit Shah, Sitharaman meet Tata Group trustees amid boardroom dispute")
Tech must not be weaponised to thwart global progress: FM Sitharaman
Finance Minister asks fintechs to focus on trust, safety and financial inclusion
