Under the scheme, the number of bank accounts grew 3.4-fold from 147.2 million in March 2015, to 500.9 million on August 16, 2023
Sitharaman says green shoots of private capex upcycle can be felt now
The FM said using only interest rates to control inflation might have a downside, and supply-side issues also need to be managed
FTA with UK expected to be announced soon, says FM Nirmala Sitharaman
The initiative, she said will provide a roadmap towards reducing carbon intensity in the economy and enable the creation of green job opportunities
FM urged to go beyond to explore frontiers beyond their set roles and make an extra impact on other domains as well so that synergistic thoughts emerge which can be useful for the overall Ministry
Sitharaman is chairing a three-day Chintan Shivir of the Ministry of Finance from 20-22 August 2023 at Tent City in Kevadiya
Nirmala Sitharaman also emphasised using the maximum potential of the Indian International Bullion Exchange IFSC (IIBX) -- launched here in 2022 -- in ensuring disintermediation
She said the NEP is a result of different people putting their minds together after extensive consultation
On the use of technology and generative artificial intelligence, Sitharaman said: "The traditional image of accounting as a manual and tedious process is rapidly evolving; and for your good"
Earlier in the day, Sitharaman visited the Jagannath temple and offered prayers to the sibling deities in the 12th century shrine
Sitharaman informed the JBIC governor about various initiatives of the government including PM GatiShakti and other enabling policies for development of the blue economy
After 1947, Sitharaman said, India depended on a growth formula derived from the centralised USSR model where everything was decided at the Centre and one size-fits all methodology was adopted
It has helped plug leakages and better targeting of genuine and deserving beneficiaries of the government scheme, she said at an event organised by NGO Disha Bharat
Sitharaman said G20 also stresses the criticality of debt vulnerability in low- and middle-income countries through an effective, comprehensive, and systematic approach
Parliament passes two Bills to levy 28% tax on online money gaming, casinos, horse racing
Sitharaman said so far, India has ensured that geopolitical differences do not supercede the core G-20 mandate of international cooperation
She added that New Delhi has ensured that so far the geopolitical differences do not supersede international cooperation which is the core mandate of the G20 grouping and the summit
In just nine years, the economy rose and saw economic development due to the policies of BJP government,' Nirmala Sitharaman said in Lok Sabha
In a written reply to a question in the Rajya Sabha, Sitharaman said casinos are currently paying 28% GST on Gross Gaming Revenue (GGR)