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nirmala sitharaman

Nirmala Sitharaman is an Indian politician, currently serving as the Minister of Finance and Corporate Affairs of India. She was the first woman to be appointed as full-time Defence Minister of India and is now the second woman finance minister. She has earlier served as MoS Commerce and Industry (Independent charge) and handled the finance and corporate affairs portfolios as well. More

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  • Subhash Garg says FM Nirmala Sitharaman booted him out of finance ministry Oct 31, 2020 02:37 PM IST

    Subhash Garg says FM Nirmala Sitharaman booted him out of finance ministry

    Nirmala Sitharaman has a very different personality, knowledge endowment, skill-set and approach for economic policy issues and it became quite apparent very early, that working with her was going to be quite difficult, the former finance secretary wrote in a blog

  • India-UK economic ties are important, says Finance Minister Nirmala Sitharaman Oct 28, 2020 04:50 PM IST

    India-UK economic ties are important, says Finance Minister Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman said India and the UK have joint investment of up to 8 million pounds between their departments of biotechnology for research into factors leading to severity of the novel coronavirus

  • Economy reviving, but GDP growth to be negative or near zero this fiscal: FM Nirmala Sitharaman Oct 27, 2020 07:55 PM IST

    Economy reviving, but GDP growth to be negative or near zero this fiscal: FM Nirmala Sitharaman

    Speaking at the India Energy Forum of CERAWeek, Finance Minister Nirmala Sitharaman said infrastructure, fintech and all employment generating and asset creating industries would be priority sectors for the government.

  • India sees pick up in consumer demand during festival season: FM Sitharaman Oct 27, 2020 06:23 PM IST

    India sees pick up in consumer demand during festival season: FM Sitharaman

    Referring to the Nikkei Manufacturing Purchasing Manager's Index, Sitharaman said economic activity had picked up in the country after the easing of pandemic restrictions and helped by various government measures.

  • Exclusive | Centre prepares stimulus 4.0 for Diwali release; urban jobs scheme likely to be dropped Oct 26, 2020 04:59 PM IST

    Exclusive | Centre prepares stimulus 4.0 for Diwali release; urban jobs scheme likely to be dropped

    The fourth set of stimulus measures could include an infrastructure push with focus on urban projects, sectoral intervention for sectors like hospitality and tourism, and extension of the PLI scheme to more sectors

  • Stimulus Package 3.0 | Government may extend social benefits under PMGKY scheme to March: Report Oct 25, 2020 04:45 PM IST

    Stimulus Package 3.0 | Government may extend social benefits under PMGKY scheme to March: Report

    The fresh stimulus may also include cash transfers to 20 crore Jan Dhan accounts and 3 crore poor senior citizens, poor widows and other groups that were part of the Pradhan Mantri Garib Kalyan Yojana.

  • Wish economy was 'circus lion' that would respond to 'ringmaster's stick': P Chidambaram Oct 22, 2020 10:29 PM IST

    Wish economy was 'circus lion' that would respond to 'ringmaster's stick': P Chidambaram

    "Is it not intriguing that @DasShaktikanta, the SEBI Chairman and the DEA Secretary should speak on the same day on the same subject?" the former finance minister said. All three have tried to "talk up" the economy, Chidambaram said.

  • They're deriding Biharis: Randeep Singh Surjewala on BJP's vaccine poll promise in Bihar Oct 22, 2020 08:23 PM IST

    They're deriding Biharis: Randeep Singh Surjewala on BJP's vaccine poll promise in Bihar

    Many, including the Congress and the AAP, have slammed Sitharaman's poll promise saying the BJP government is politicising a necessity like the COVID vaccination at the time of a pandemic

  • Open to further stimulus, assessing impact of the COVID-19 pandemic on FY21: Nirmala Sitharaman Oct 19, 2020 07:27 PM IST

    Open to further stimulus, assessing impact of the COVID-19 pandemic on FY21: Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman also said the Centre would come out with fresh growth and budgetary estimates for the COVID-19 pandemic-hit 2020-21.

  • New privatization policy ready; Cabinet to discuss note on 'strategic sectors' soon Oct 19, 2020 05:16 PM IST

    New privatization policy ready; Cabinet to discuss note on 'strategic sectors' soon

    Banking and insurance will be designated as 'strategic sectors', sources told Moneycontrol. Over the long run, the Centre will have only four PSUs in strategic sectors and exit the 'non-strategic sectors' completely

  • Finance Minister Nirmala Sitharaman pushes large CPSEs to meet 75% of FY21 capex target by December Oct 19, 2020 05:04 PM IST

    Finance Minister Nirmala Sitharaman pushes large CPSEs to meet 75% of FY21 capex target by December

    Nirmala Sitharaman held a virtual meeting with secretaries of coal and petroleum & natural gas, along with the chairman and managing directors (CMDs) of 14 CPSEs belonging to these ministries, an official statement said.

  • Finance Ministry kick-starts Budget making exercise amid contraction pressure Oct 16, 2020 07:06 PM IST

    Finance Ministry kick-starts Budget making exercise amid contraction pressure

    It will be the third Budget of the Modi 2.0 government and Finance Minister Nirmala Sitharaman. Budget 2021-22 is likely to be presented on February 1.

  • GST compensation deadlock: Centre allows 20 states to mobilise Rs 68,825 crore Oct 13, 2020 07:54 PM IST

    GST compensation deadlock: Centre allows 20 states to mobilise Rs 68,825 crore

    "Additional borrowing permission has been granted at 0.5 percent of the Gross State Domestic Product (GSDP) to those states who have opted for option 1 out of the two options suggested by the Ministry of Finance to meet the shortfall arising out of the Goods & Services Tax (GST) implementation," the government said

  • Centre’s 'conditions apply' fiscal stimulus constitutes only 0.2% of GDP, says SBI report Oct 13, 2020 11:37 AM IST

    Centre’s 'conditions apply' fiscal stimulus constitutes only 0.2% of GDP, says SBI report

    Sitharaman announced a slew of measures to stimulate consumer demand and offer capital support to states. These included LTC Cash Voucher Scheme, Special Festival Advance Scheme and a Rs 12,000 crore interest-free 50-year loan to states.

  • Big Story | Third straight GST council meet on compensation cess ends without consensus Oct 13, 2020 11:34 AM IST

    Big Story | Third straight GST council meet on compensation cess ends without consensus

    Watch the video to find out what transpired at the third straight GST Council meeting on compensation cess

  • GST Council Meet | No consensus on compensation dues; Centre to facilitate borrowing for willing states: FM Sitharaman Oct 12, 2020 10:25 PM IST

    GST Council Meet | No consensus on compensation dues; Centre to facilitate borrowing for willing states: FM Sitharaman

    Increased borrowing costs is not something that the government can afford at a time when India is looking at more money to invest and to borrow to do business, says Finance Minister Nirmala Sitharaman.

  • No change in govt's borrowing programme for current fiscal: DEA Secretary Oct 12, 2020 06:10 PM IST

    No change in govt's borrowing programme for current fiscal: DEA Secretary

    The government in May had increased its market borrowing programme for the current financial year by more than 50 percent to Rs 12 lakh crore to meet the increased spending due to the COVID-19 pandemic.

  • FM's fiscal package a move in right direction, will boost spending, say experts Oct 12, 2020 04:20 PM IST

    FM's fiscal package a move in right direction, will boost spending, say experts

    To encourage spending to spur demand, Finance Minister Nirmala Sitharaman has announced an LTC cash voucher scheme and a special festival advance scheme for employees.

  • Key takeaways from FM Nirmala Sitharaman’s press conference Oct 12, 2020 02:04 PM IST

    Key takeaways from FM Nirmala Sitharaman’s press conference

    FM Nirmala Sitharaman introduced proposals to stimulate consumer spending

  • Centre offers Rs 12,000 crore interest-free 50-year loans to states for capital expenditure Oct 12, 2020 01:59 PM IST

    Centre offers Rs 12,000 crore interest-free 50-year loans to states for capital expenditure

    The government also announced an additional budget of Rs 25,000 crore, which would be provided for capital expenditure of Centre on roads, defence, infrastructure, water supply, urban development and domestically produced capital equipment

  • LTC cash voucher to boost consumer spending: FM Nirmala Sitharaman announces scheme for government employees Oct 12, 2020 01:42 PM IST

    LTC cash voucher to boost consumer spending: FM Nirmala Sitharaman announces scheme for government employees

    Under this LTC Cash Voucher Scheme, government employees can opt to receive cash amounting to leave encashment, plus three times ticket fare, to buy items which attract a GST of 12 percent or more.

  • Nirmala Sitharaman Press Conference Highlights: FM announces steps to boost consumer demand Oct 12, 2020 12:00 PM IST

    Nirmala Sitharaman Press Conference Highlights: FM announces steps to boost consumer demand

    Central government payout on cash-in-lieu-for-LTC will be Rs 5,675 crore and Rs 1,900 crore for PSUs and banks, says FM Sitharaman.

  • Farmer protests: Government bets on 'big guns' as it starts nationwide outreach initiative Oct 07, 2020 02:40 PM IST

    Farmer protests: Government bets on 'big guns' as it starts nationwide outreach initiative

    The government is rolling out the ‘big guns’ including Defence Minister and the Bharatiya Janata Party’s farmer face Rajnath Singh, Finance Minister Nirmala Sitharaman, Agriculture Minister Narendra Singh Tomar and Minister of State for Finance Anurag Thakur,

  • Farmer Agitation: MSP is there and will continue, says FM Nirmala Sitharaman Oct 07, 2020 09:16 AM IST

    Farmer Agitation: MSP is there and will continue, says FM Nirmala Sitharaman

    Sitharaman said that under "certain other governments" the focus was only on giving and increasing MSP for paddy and wheat and they did not 'bother' about other crops.

  • FM Nirmala Sitharaman launches Indian Bank's business mentoring programme for MSMEs Oct 06, 2020 09:44 PM IST

    FM Nirmala Sitharaman launches Indian Bank's business mentoring programme for MSMEs

    Financial Services Secretary Debashish Panda, who also participated in the launch event through video conferencing, delved on the various initiatives taken by the government to support MSMEs.

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