Tag Archives: Finance Minister

The government will go ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala Sitharaman said on Thursday. Noting that the flow of FDI to India is much higher compared to other emerging economies, he said that India’s strong macroeconomic fundamentals, the …

Recently, the government received expressions of interest from potential buyers for its 52.98% stake in BPCL and 100% in Air India. Finance Minister Nirmala Sitharaman said on Tuesday that the budget for fiscal year 22 will be “vibrant” enough to sustain the economic reactivation after the Covid-19 interruption. Public capital …

Finance Minister Nirmala Sitharaman took stock of the progress made under various plans under the three Aatmanirbhar Bharat (ANBP) packages to help reactivate the economy hit by the outbreak of COVID-19 pandemic. Following the Prime Minister’s announcement, Sitharaman presented the details of the Rs 20.97 crore ANBP 1.0 in a …

The finance minister is likely to present her second Modi 2.0 budget on February 1, 2021. Finance Minister Nirmala Sitharaman will hold her first pre-budget consultations with major industrialists tomorrow, that is, on December 14. held virtually, the Finance Ministry said. The finance minister is likely to present her second …

The Union government may look to its cash-rich public sector companies and those who are falling behind in their capital spending plans for the current fiscal to declare higher dividends this year to reward their shareholders in this difficult period. of the Covid-19 pandemic. Official sources said USPs with stock …

All states and territories in the Union have decided to opt for the first option offered by the Center to cover the revenue shortfall arising from the implementation of the Goods and Services Tax (GST) and Jharkhand becomes the latest state to join the list, the government said Saturday. . …

Speaking at the 18th edition of the Hindustan Times Leadership Summit, Sitharaman appeared to suggest that apart from the economic downturn before and after the pandemic, frequent adjustments in GST rates negatively affected revenue collection. “Ideally, I have been requesting that the council not decide at each of its sessions …

Amid furious protests by farmers against the new farm laws, the Union’s finance minister, Nirmala Sitharaman, said that the government intends to continue with the minimum support price (MSP) mechanism for agricultural products. . At the Hindustan Times Leadership Summit on Friday, he said he is hopeful for a solution …

Finance Ministry signals prospects for a second wave of COVID-19 as ‘downside risk’ India’s economy is firmly on the path to a V-shaped recovery after the collapse in the first quarter, and further improvement is expected in the third quarter, ‘despite some moderation’ in November indicators, it said. on Thursday …

Goods and Services Tax (GST) revenue exceeded Rs1 lakh crore for the second month in a row at Rs104,963 crore in November, registering an annualized growth of 1.4%. Revenues, however, fell marginally by 0.18% compared to the 105,155 crore collected the previous month. However, GST collections have shown positive growth …