Page 158 - Nirmala Sitharaman

Rs 50,000-cr loan guarantee for health not enough in non-metros: Industry

Finance Minister Nirmala Sithar­aman said the government would provide 75 per cent coverage for new projects and 50 per cent for those in expansion mode in the non-metros

Booster dose: Govt unveils Rs 6.3-trillion package to spur growth

Includes credit guarantee schemes, steps to revive tourism, strengthen health infra

Govt announces 500,000 free visas, loan guarantee scheme for travel sector

The scheme will benefit 11,000 stakeholders including 904 tour operators and 10,700 tourist guides, FM says

Tax cuts for individuals, companies needed to boost demand, say economists

While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move the needle for the economy

The credit push

Relief package is well-intentioned but won't move the needle much

Top headlines: FM unveils package for economy, TaMo plans 10 EVs by 2025

AstraZeneca vaccine immune response higher with longer gap, More than 50% kids in Mumbai have Covid-19 antibodies, according to a sero survey, and other top news of the day

Centre announces Rs 19,000 cr more for BharatNet broadband project

The initiative which is implemented in a public private partnership model has been delayed to a great extent and has missed deadlines so far.

Health, credit, jobs: FM announces 8 measures to revive economy in pandemic

Nirmala Sitharaman unveils more support measures for the economy, including a 50% expansion in its emergency credit program.

Large part of FM's stimulus package will work only in medium-term

The government and the central bank's credit measures appear to show India has gotten its priorities against a possible third wave of Covid-19.

Economic revival: FM Sitharaman raises ECLGS scheme limit to Rs 4.5 trn

FM announces Rs 1.1 trillion loan guarantee scheme for Covid-affected sectors

FM announces Rs 1.1 trn loan guarantee scheme for Covid affected sectors

The scheme would include Rs 50,000 crore loan to the health sector

1991 ushered in many relationship changes; govt-RBI one was the foremost

From 1991 onwards, the RBI became a full, if slightly junior, partner of the finance ministry, instead of being a 'mere subordinate department of the financial ministry'

Sitharaman points at investment opportunities in India to US investors

FM Sitharaman discussed opportunities in India for growth and investment on the back of the reform measures taken by government

GST Council meets become toxic, consider course correction: Mitra to FM

West Bengal minister Amit Mitra on Wednesday urged Union Finance Minister Nirmala Sitharaman to consider a "course correction" to rebuild faith.

FM Nirmala Sitharaman calls for re-thinking financing for resilient infra

Finance Minister Nirmala Sitharaman on Wednesday made a case for re-thinking financing and development priorities for inclusive, sustainable and resilient infrastructure aligned with Sustainable Development Goals (SDGs). Adopted in 2015, SDGs are the world's shared plan to end extreme poverty, reduce inequality, and protect the planet by 2030. Participating in Asia Infrastructure Forum co-organised by Enterprise Singapore, Ministry of Finance of Singapore and Monetary Authority of Singapore, Sitharaman spelt out various measures taken by the government to boost infrastructure spending by the government. "FM emphasised India's policy-led approach of open, rule-based and transparent economic environment; encouragement to private investment and foreign capital; enhanced public expenditure and robust institutional structure for funding infrastructure development for #ResilentRecovery," the Finance Ministry said in a series of tweets. The Finance Minister highlighted setting up of Natio

I-T portal glitches: FM asks Infosys to address all issues immediately

Sitharaman further urged Infosys to work on the new income-tax portal to make it more humane and user-friendly

Govt open to more measures to boost economy: CEA K V Subramanian

The government is open to coming out with more measures to boost the economy which has been hit by the second wave of the coronavirus pandemic, says Chief Economic Advisor (CEA) K V Subramanian.

GST dues of all states not cleared as claimed by FM: Chidambaram

Chidambaram cited the example of Congress-ruled Rajasthan, Punjab and Chhattisgarh.

GST dues of states not cleared as claimed by FM, alleges Chidambaram

Former Finance Minister P. Chidambaram has alleged that contrary to claims of Finance Minister Nirmala Sitharaman, GST dues of Congress-ruled states Rajasthan and Chhattisgarh are yet to be cleared.

EAM Jaishankar, FM Sitharaman to headline UK's India Global Forum

External Affairs Minister S Jaishankar and Finance Minister Nirmala Sitharaman were on Tuesday confirmed as the headline speakers at a global event that will lay out India's vision for post-pandemic growth. India Global Forum, organised from London as a hybrid event between June 29 and July 1, will bring together a range of worldwide experts, including World Health Organisation (WHO) Director-General Dr Tedros Adhanom Ghebreyesus, former New York Mayor Michael Bloomberg and former CIA Director General David H. Petraeus, to cover India's role in vaccine and medicine manufacturing as well as cooperation in crucial areas of climate change and an equitable global economic recovery. From India, other senior ministers set to address a host of sessions include Commerce & Industry Minister Piyush Goyal, Transport Minister Nitin Gadkari and Women & Textiles Minister Smriti Irani. This year's India Global Forum brings with it a sense of urgency and impatience about the radical actions ..