Page 3 - Latest Updates on Nirmala Sitharaman
Centre orders corrective measures after Jitu Munda incident in Odisha
The response from the Centre came in the wake of a letter written by Patnaik to Union Finance Minister Nirmala Sitharaman on May 2 seeking exemplary action against officials of the bank
 "Centre orders corrective measures after Jitu Munda incident in Odisha")
Northeast has potential to become India's next growth engine: Sitharaman
The Finance Minister said the region's strengths in sustainable agriculture and premium organic produce could drive a new phase of economic growth
 "Northeast has potential to become India's next growth engine: Sitharaman")
Turning the tide: India must address fundamental gaps in external account
Easing West Asia tensions may stabilise India's external accounts, but policymakers must focus on boosting FDI, exports and long-term capital inflows
 "Turning the tide: India must address fundamental gaps in external account")
More measures on anvil to attract global flows, says FM Sitharaman
Sitharaman says govt working to make investments more attractive
 "More measures on anvil to attract global flows, says FM Sitharaman")
Centre taking more steps to attract foreign capital, says FM Sitharaman
FM said measures taken by the government to exempt withholding tax on interest and capital gains tax made by foreign investors in G-secs will be the first step towards drawing foreign capital back
 "Centre taking more steps to attract foreign capital, says FM Sitharaman")
Time for lenders to rethink MSME credit beyond collateral-based models
Financial institutions must pivot towards cashflow tracking and unified digital networks to unlock funding for small businesses
 "Time for lenders to rethink MSME credit beyond collateral-based models")
FM says Rahul Gandhi undermines India's gains, rejects looming crisis claim
At a BJP event, the finance minister said Rahul Gandhi was using Lok Sabha speeches to decry India's progress even during crises such as Covid-19 and West Asia
 "FM says Rahul Gandhi undermines India's gains, rejects looming crisis claim")
Fertiliser subsidy bill likely to double to ₹3.4 trillion in FY27
Rising global fertiliser prices and support extended to oil retailers are squeezing fiscal space, though the government says its capital expenditure plans remain unchanged
 "Fertiliser subsidy bill likely to double to ₹3.4 trillion in FY27")
FM Sitharaman to review flagship schemes, RRBs in West Bengal: Report
Last month, BJP came to power with a landslide victory in West Bengal replacing Trinamool Congress, which had ruled the state for 15 years
Over 580 mn Jan Dhan accounts bring crores of Indian into banking system: FM
The Jan Dhan scheme has ensured that benefits under welfare schemes, low-cost insurance, and pensions reach without leakages, the Finance Minister's office said
India needs fiscal space, not just subsidies, to weather crises
If India had created more fiscal space in the three good years following the end of the Covid crisis in 2022-23, it would have more options to deal with the current one
 "India needs fiscal space, not just subsidies, to weather crises")
Tax rebates: FY26 provisional expenditure, revenue show need for a rethink
The provisional expenditure and revenue numbers for 2025-26 underline the need for reviewing tax rebates
 "Tax rebates: FY26 provisional expenditure, revenue show need for a rethink")
FM Sitharaman forgot fourth F - falling private investment: Congress
Congress targets Centre over economy, says Sitharaman ignored "fourth F" of falling private investment
FM Nirmala Sitharaman flags 3 Fs: Fuel, fertiliser, foreign exchange
Says West Asia crisis bringing several uncertainties for businesses, common people
FM Nirmala Sitharaman pitches customised credit models for MSMEs
FM Nirmala Sitharaman urged SIDBI and banks to adopt customised, cash-flow-based lending instead of standardised credit products for MSMEs
India offers talent, growth opportunities via GIFT city: FM Sitharaman
Nirmala Sitharaman says GIFT City showcases India's scale, talent and technology as banking assets cross $110 billion at the IFSC hub
 "India offers talent, growth opportunities via GIFT city: FM Sitharaman")
Sitharaman, US envoy Gor discuss deepening India-US economic partnership
The finance minister and US Ambassador Sergio Gor discussed fintech collaboration, investment opportunities and bilateral economic ties amid ongoing trade negotiations
Congress should stop being 'obstructionists', says FM Nirmala Sitharaman
Responsible Opposition does not engage in fear-mongering, says FM Sitharaman
PMJJBY, PMSBY settle claims worth ₹25,160 cr since their launch in 2015: FM
These flagship schemes, which completed 11 years, aim to broaden the insurance and pension landscape by shielding citizens against life's uncertainties and fostering long-term financial resilience
 "PMJJBY, PMSBY settle claims worth ₹25,160 cr since their launch in 2015: FM")
FM Sitharaman hints at Covid-like fertiliser subsidy for farmers
Finance Minister signals fertiliser prices may not be passed on to farmers despite rising global costs, as subsidy burden mounts amid West Asia tensions
 "FM Sitharaman hints at Covid-like fertiliser subsidy for farmers")