Page 241 - Nirmala Sitharaman

FM Sitharaman advises farmers to produce oilseeds, which are high in demand

Finance Minister Nirmala Sitharaman on Tuesday urged farmers to produce oilseeds in place of other crops as India particularly imports edible oil and palm oil."We are telling farmers which crops will give them a better price in the area. We are also telling them what all crops can be irrigated or cannot be irrigated on the rain-fed land," she said while addressing the sixth World Congress on Rural & Agriculture Finance in New Delhi."The support price may be given for other things but please do produce oilseeds because they have a great demand in India. Edible oil consumption is also a matter of great concern, as we still import quite a lot quantity particularly palm oil," she said.The Union Minister also requested National Bank for Agriculture and Rural Development (NABARD) Chairman Dr Harsh Kumar Bhanwala to visit Jammu and Kashmir to ensure that the farmers get the correct price of their produce in the next season."You are aware that recently we used NAFED to procure apples ...

Centre committed to farmers' growth, says FM, urges states to push for eNAM

The Union Minister also stated that the Central government is making efforts to push sustainable and renewable energy sources in rural areas in order to provide farmers an additional source of income.

Rs 5k cr dues declared under Sabka Vishwas Scheme, likely to gain traction

Senior CBIC officials are confident the scheme is likely to gain further momentum in the coming days as taxpayers would not forego this opportunity.

Indian economy currently facing challenges, says FM Nirmala Sitharaman

Launching The Rise of Finance: Causes, Consequences and Cure, she said the book would help "understand the current economic situation facing both the world and Indian economy"

Realty revival: IBC, Rera may need tweaking for booster shot to take effect

In September, Finance Minister Nirmala Sitharaman had announced the Special Window fund but projects in the NCLT or those dubbed NPAs had been kept out of its ambit

Revenue intelligence officers should act as facilitators for taxpayers: FM

Sitharaman said the new officers have a better and a bigger role to play as facilitators

FM reviews state of economy with RBI, other regulators at FSDC meet

The FSDC is the apex body of sectoral regulators, headed by the finance minister

The realty: Rs 25,000-crore fund can only help 6% of stalled constructions

New program announced by Finance Minister Nirmala Sitharaman on Wednesday is an improvement on a $1.4 billion real-estate corpus announced in September.

A Rs 25,000 cr push: Here's how govt plans to revive the real estate sector

While the government will act as a sponsor with its Rs 10,000-crore initial contribution to the category-II AIF, SBI and LIC will provide an additional Rs 15,000 crore for the fund

Managing the rupee

The government and RBI should address overvaluation

Govt likely to extend 15th Finance Commision's term by six months

Officials say there have been discussions on whether the treatment given to J&K will be unfair to Delhi and Puducherry

Rs 25,000-cr boost for realty: Govt sets up fund to revive stalled projects

Targeted at affordable and middle-income housing units, the fund will address residential properties in Mumbai that are priced below Rs 2 crore

FM Sitharaman to review state of economy at FSDC meeting on Nov 7

The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs, sources added.

Govt working with RBI, reworking laws to help distressed home buyers: FM

She said many sovereign funds are interested in the real estate sector of the country and want to work with the government.

FM Sitharaman unveils two IT initiatives for faster customs clearance

ATITHI is a mobile app for international travelers to file the customs declaration in advance

Rajan responds to FM's comment, says two-thirds of his tenure was under BJP

He said the country needs a new generation of reforms to accelerate economic growth. At 5% GDP growth rate, India was witnessing substantial economic slowdown

FinMin claims huge progress in report on measures to boost economy

As per the report card, all public sector banks have introduced Repo Rate Linked Products

April-September fiscal deficit at Rs 6.52 trillion, 92.6% of FY20 estimate

Net tax receipts in the first half of the current fiscal year ending in March 2020 were Rs 6.07 trillion, while total expenditure was Rs 14.89 trillion, the data showed

Don't hesitate to give loans to SHGs led by credible spiritual leaders: FM

When you have social, religious and spiritual leaders leading the (self-help group) movement, banks find easy to find credible clients, she said

E-tail discounts denting GST revenue, business model needs review: CAIT

CAIT has claimed that e-commerce companies Amazon and Flipkart and others were selling goods much below their market value thus denying the Government of its due legitimate GST revenue