Page 4 - Latest Updates on Nirmala Sitharaman
FM Sitharaman's 8th Budget can't afford to abandon fiscal consolidation
The dilemma over the date of presentation aside, there is yet another reason why Ms Sitharaman's forthcoming Budget will be treated as a major event of historical significance
 "FM Sitharaman's 8th Budget can't afford to abandon fiscal consolidation")
Pre-Budget meetings with govt: Economists urge FM to push capex pedal
Some experts flagged that state governments' debt has become unsustainable
 "Pre-Budget meetings with govt: Economists urge FM to push capex pedal")
FM Nirmala Sitharaman meets leading economists ahead of FY27 Budget
Those present at the meeting include Sajjid Chinoy, Neelkanth Misra, Dharmakirti Joshi, Ridham Desai, Sonal Varma and Indira Rajaraman
 "FM Nirmala Sitharaman meets leading economists ahead of FY27 Budget")
Govt invested Rs 21,000 cr in Northeast's education sector in 11 years: FM
Connectivity has also received a boost in the region during the period, with new states put on the railway map and several greenfield airports constructed, she added
 "Govt invested Rs 21,000 cr in Northeast's education sector in 11 years: FM")
Sitharaman lays foundation for Assam's first tech, vocational university
The 'Swahid Kanaklata Barua State University' is being built at a cost of Rs 415 crore at Bholaguri in Gohpur in Biswanath district
Corporate affairs ministry reworking PM internship scheme guidelines
This comes as MCA is placing first batch of interns as it races for full roll out
 "Corporate affairs ministry reworking PM internship scheme guidelines")
Big bank pursuit: FM Nirmala Sitharaman says in talks with RBI, lenders
"There is a lot of work to do prior to my saying yes. The work has already commenced. We are discussing with the RBI and banks," the finance minister said
 "Big bank pursuit: FM Nirmala Sitharaman says in talks with RBI, lenders")
Bank unions protest Nirmala Sitharaman's privatisation 'endorsement'
The forum cited the collapses of YES Bank, Global Trust Bank, and Lakshmi Vilas Bank as examples of governance lapses in private banks
Global value chain faces disruption, reforms driving growth: FM Sitharaman
Finance Minister Nirmala Sitharaman highlights global challenges, stresses infrastructure push, reform measures, and technology-led growth to boost investment and productivity
 "Global value chain faces disruption, reforms driving growth: FM Sitharaman")
Privatising PSBs won't impede financial inclusion, says FM Sitharaman
Finance Minister Nirmala Sitharaman said India's next set of customs reforms is in progress after GST, adding that the country is on track to meet its fiscal goals and become a top-three economy soon
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
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