Days after the Union’s finance minister, Nirmala Sitharaman, said that the option of another fiscal stimulus for the current financial year remains open, a senior adviser said the ministry is working on such a package. “The Finance Minister, in her interaction a day ago, mentioned that (about the increase in …
Read More »FM asks 14 CPSEs to spend 75% of Rs 1.15 trillion on investments by end of December
Finance Minister Nirmala Sitharaman on Monday called on officials to ensure that 14 state-owned companies spend 75 percent of their capital outlay for the year by the end of December. This is because the government seeks to keep pace with capital and infrastructure projects in an attempt to soften the …
Read More »After the RBI signal, the government steps forward
The central government announced on Monday a ₹Demand for Rs 73 billion pushes the economy ahead of the holiday season, following the lead of the Reserve Bank of India (RBI), which tried to support an economic recovery in its October monetary policy. While measures to boost consumer spending, as well …
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