Page 141 - Nirmala Sitharaman

Budget 2022: Full text of Finance Bill as tabled in Lok Sabha by FM

Here is the full text of the Finance Bill as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman

Union Budget 2022 proposes to introduce digital rupee to be issued by RBI

FM sees big push to digital economy, says digital currency will also lead to a more efficient and cheaper currency management system

Budget 2022: Full text of Annual Financial Statement tabled in Lok Sabha

Here is the full text of the Annual Financial Statement as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman

Nothing for middle class, poor in Union Budget, says Rahul Gandhi

Congress leader Rahul Gandhi on Tuesday dubbed the Union Budget for 2022-23 as a 'zero-sum budget', saying it has nothing for the salaried, middle class and the poor.

Budget 2022: Full text of the memorandum of the Finance Bill tabled in LS

Here is the full text of the memorandum of the Finance Bill as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman

Govt extends ECLGS scheme for MSMEs till Mar 2023; thrust on hospitality

Presenting the Budget 2022-23 in Parliament, the Finance Minister said the Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) scheme will be revamped with required infusion of funds

Rupee reverses gains, trading 22 paise lower at 74.87 post Budget speech

Investors were cautious after Finance Minister Nirmala Sitharaman on Tuesday said that the fiscal deficit in 2021-22 will be 6.9 per cent of GDP and 6.4 per cent in 2022-23, forex traders said

Govt pegs fiscal deficit for FY22 a tad higher at 6.9%, for 2022-23 at 6.4%

The fiscal deficit or the gap between expenditure and revenue was estimated at 6.8 per cent of the gross domestic product (GDP) in the current financial year ending March 31, 2022

Full text of Finance Minister Nirmala Sitharaman's Budget 2022 speech in LS

Here is the full text of Finance Minister Nirmala Sitharaman's Budget 2022 in Lok Sabha

FM Sitharaman proposes cut in customs duties on certain chemicals

She also announced a reduction in customs duty on cut and polished diamond, gemstones to 5 per cent

'Betrayal of middle and salaried class', Cong slams govt on Budget

After Finance Minister Nirmala Sitharaman did not announce any tax relief in the Budget for the year 2022-23, the Congress on Tuesday slammed the government for betraying the middle and salaried class

Task force on animation, gaming, comic promotion to be set up: FM

Finance Minister Nirmala Sitharaman on Tuesday said a task force on animation visual effects, gaming and comic promotion will be set up to recommend ways to serve markets and global demand. In her Union Budget 2022-23 presentation she also said states will be encouraged to adopt Unique Land Parcel Identification Number to facilitate IT-based management of land records. UDYAM, e-SHRAM, National Career Service, ASEEM portals will be interlinked and their scope will be widened with live organic databases.

FM Sitharaman unveils budget aimed at spurring spending to support growth

Total expenditure in 2022/23 seen at Rs 39.45 trillion

8 million houses under PM Awas Yojana in 2022-23: FM Sitharaman

The Finance Minister further stated that the central government will work with state government for reduction of time required for all land and construction related approvals

Budget 2022: Int'l arbitration centre to be set up at GIFT City, says FM

Finance Minister Nirmala Sitharaman on Tuesday announced that an international arbitration centre will be set up at GIFT City to provide faster dispute resolution. In addition, a world-class university to be allowed in GIFT IFSC (International Financial Services Centre) free from domestic regulation, she said while presenting the Union Budget 2022-23. Currently, GIFT-IFSC is the maiden international financial services centre in India.

Digital Rupee proposed to be introduced by RBI from 2022-23: Sitharaman

Digital Rupee is proposed to be introduced by RBI using blockchain technology starting from 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday.

Budget 2022: Sitharaman says RBI to launch digital cryptocurrency

India's central bank has voiced 'serious concerns' around private cryptocurrencies on the grounds that these may cause financial instability

Data centre, energy storage system to be given infrastructure status: FM

Finance Minister Nirmala Sitharaman on Tuesday said data centre and energy storage system will be given infrastructure status to provide easy financing to the sector

Four pilot projects for coal gasification to be set up: Sitharaman

Gasification of coal is a process in which coal is partially oxidated by air, oxygen, steam or carbon dioxide under controlled conditions to produce a fuel gas

Spectrum auctions in 2022 to facilitate roll-out of 5G services: FM

The government will conduct a spectrum auction this year, which will facilitate the roll-out of 5G services by private telecom operators during the financial year 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday. "Spectrum auctions will be conducted in 2022 to facilitate the roll-out of 5G mobile services within 2022-23 by private telecom providers," Sitharaman said. She said the telecommunications sector in general and 5G, in particular, can enable growth and offer job opportunities. "A scheme for design-led manufacturing will be launched to build a strong ecosystem for 5G as part of the production-linked incentive scheme," the FM said. She said that to enable affordable broadband and mobile service proliferation in rural and remote areas, 5 per cent of annual collections under the universal service obligation fund will be allocated. "This will promote R&D and commercialisation of technologies and solutions. Our mission is that all villages and their residents should