Page 203 - Nirmala Sitharaman

With a sell-off in mind, government to consolidate operations of PSEs

Union Finance Minister Nirmala Sitharaman on Sunday said the government would come out with a new policy that would identify strategic sectors

Fiscal stimulus 2.0: States allowed to borrow more, but with conditions

Officials say states have been sent a memorandum explaining the needed reforms

Participation of private players in space to help sector: Kawa's Kris Nair

As India becomes more and more self-reliant in the dual use of space, young startups like Kawa Space now have an opportunity to collaborate with the nation

One TV channel per class announced to complement digital education

Edtech firms like Toppr are also willing to join the bandwagon by assisting the government in education through digital and TV medium

Great social divide: A new normal post Covid-19

Economic and social activities will come out from slumber in the coming weeks

Suspension - Boon or bane for the Insolvency and Bankruptcy Code

While the announcements were made today, the seeds of the repeal of Sections 7, 9 and 10 of the IBC had already been sown in April

GST compensation to states pending for December-March FY20: Sitharaman

The Centre has, so far, released over Rs 2.45 trillion as GST compensation to states since the implementation of the new indirect tax regime on July 1, 2017

'Is it not dramebaazi?': Nirmala Sitharaman on Rahul meeting migrants

Rahul on Saturday interacted with migrant workers who were walking near Sukhdev Vihar flyover in New Delhi to return to their home states

Deep Dive with AKB: Govt's Rs 20-trn package to fight Covid-19 slump

How large Modi's economic package really is? From where will the govt get the money to finance it? Let's take a Deep Dive with AKB to understand

Power engineers oppose FM's move to privatise power discoms in UTs

Dubey claimed the central government was looking at abolishing the subsidy and cross subsidy in the supply of electricity, which would make the commodity more expensive for the general consumer

Govt to privatise non-strategic PSUs, suspend new bankruptcy filings

Sitharaman also raised the allocation for the employment guarantee scheme by Rs 40,000 crore over and above the Rs 61,000 crore budgeted for MGNREGS

1.2 mn EPFO members withdrew Rs 3,360 cr of savings during lockdown: FM

The EPFO, under the Union labour and employment ministry, has settled a total of 1.2 million claims under the Pradhan Mantri Garib Kalyan Yojana package

PSUs in non-strategic sectors to be privatised, says FM Sitharaman

In strategic sectors, at least one enterprise will remain in the public sector but private sector will also be allowed

Economic stimulus includes Rs 8 trillion liquidity measures by RBI: FM

The stimulus totals to Rs 20.97 trillion, she said, adding this also comprises the Rs 1.92 trillion package of free foodgrain and cooking gas to poor

Covid-19 stimulus: Centre allows states to borrow up to 5% of their GSDP

Revenue deficit grants of Rs 12,390 crore were given to states on time in April and May despite the Centre's stressed resources, FM Sitharaman said

Non-strategic PSUs to be privatised; MGNREGS to get additional Rs 40,000 cr

Borrowing limit of states has been raised from 3 per cent of Gross State Domestic Product to 5 per cent in 2020-21, the finance minister said

No fresh insolvency to be initiated for 1 year under IBC: FM Sitharaman

Minimum threshold to initiative insolvency proceeding has been raised to Rs 1 crore from Rs 100,000 to benefit MSMEs

Govt ends monopoly over coal; opens mining sector to private players

Joint auctions of bauxite and coal blocks expected to reduce dependence on imports

Launch pad: Centre opens up space sector for private players to grow

Private players would be allowed to use the Indian Space Research Organisation's (ISRO) facilities to improve their competencies

Untangling regulations: Defence on Make in India drive; FDI cap hiked

Measures include negative import list, corporatisation of ordnance factories