Tag Archives: Nirmala Sitharaman

The government has not closed the option of a third stimulus package this financial year, Finance Minister Nirmala Sitharaman said on Monday, a week after announcing measures to boost consumer spending and capital spending. “I have not closed the option of another stimulus package if it turns out to be, …

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 …

New Delhi: Finance Minister Nirmala Sitharaman held the fourth CPSE capital spending review meeting on Monday. Sitharaman had held a videoconference with secretaries from the Ministries of Oil and Natural Gas and the Ministry of Coal, together with the CMDs of 14 CPSEs belonging to these Ministries. This was the …

Congress Speaker Sonia Gandhi on Sunday criticized Prime Minister Narendra Modi, who led the union government, over the recent compensation controversy in the GST Council and said his denial will affect the functioning of state governments. Taking a firm stance, Gandhi said that this could be the “first example of …

The Kerala government canceled a meeting on Saturday to discuss legal options to resolve the goods and services tax (GST) offset problem with the Center, days after the Union’s finance minister, Nirmala Sitharaman, clarified that the central government will borrow ₹ 1.1 lakh crore from the market. on behalf of …

The Center has recently introduced an LTC cash voucher system for central government and public sector employees. An employee is eligible for LTC and leaves a 10-day charge to travel to their hometown or any other destination twice in a four-year block. The cost of the ticket is exempt while …

Kerala’s government canceled its high-level meeting to discuss a legal option to solve the goods and services tax (GST) problem on Saturday, days after the Union’s finance minister, Nirmala Sitharaman, said the government central will borrow 1.1 lakh crore from the market. on behalf of the states and pass them …

With the Center agreeing to borrow ₹ 1.1 lakh crore from a special window of the Reserve Bank of India and re-lend it to states, some of the seven states that have not yet accepted the plan are now able to sign it, the Government officials with direct knowledge of …

One day after the Center announced that it would borrow Rs 1.1 lakh crore on behalf of the states, to the relief of the states as they now do not have to borrow to pay the GST compensation deficit, Finance Minister Nirmala Sitharaman He wrote everyone affirms explaining the change …

“The interest rate will be reasonable,” Finance Minister Nirmala Sitharaman said in her note to the states. New Delhi: After four months of confrontation over GST (goods and services tax) fees, the central government has decided to borrow up to ₹ 1.1 lakh crore on behalf of the states. Finance …