nirmla sitaraman Archives

Government withdraws the decision to reduce the interest rates of small savings schemes

gmApril 1, 2021

The government has withdrawn the decision to reduce the interest rates of small savings schemes. The Finance Ministry's tweet states, "The interest rates of small savings schemes will remain the...

BUSINESS & ECONOMY

Union Cabinet approves setting up of Development Finance Institution (DFI)

CS SURBHI SAXENAMarch 17, 2021March 17, 2021

Union Cabinet has approved a bill to set up Development Finance Institution (DFI) with an initial capital infusion of 20 thousand crore rupees.The bill will be tabled in Parliament during the current Budget Session.

BUSINESS & ECONOMY

National Infrastructure Pipeline to play critical role in revitalizing economy post pandemic: FM Nirmala Sitharaman

CS SURBHI SAXENAFebruary 27, 2021February 27, 2021

Finance Minister Nirmala Sitharaman today highlighted that the National Infrastructure Pipeline (NIP) will play a critical role in revitalizing the economy post pandemic. She said NIP is not only just...

BUSINESS & ECONOMY

Union Finance Minister addresses Directors of Central Board of RBI

CS SURBHI SAXENAFebruary 17, 2021February 17, 2021

Union Minister of Finance Nirmala Sitharaman addressed the Directors of Central Board of Reserve Bank of India. She explained the thinking behind Union Budget 2021-22 and priorities of the Government....

BUSINESS & ECONOMY

Final stage of Budget 2021-22 begins with Halwa Ceremony

CS SURBHI SAXENAJanuary 24, 2021January 24, 2021

The Halwa ceremony, marking the final stage of the budget making process for Union Budget 2021-22, was held in North Block, New Delhi. The Finance Ministry said, a customary Halwa ceremony is performed every year before the lock-in process of Budget preparation begins.

ECONOMY

G20 Finance Ministers’ virtual meeting attended by Finance Minister Nirmala Sitharaman

CS SURBHI SAXENANovember 21, 2020November 21, 2020

Finance Ministers of the G20 countries gathered to discuss their views on the global economic outlook and downside risks in wake of the COVID-19 crisis and how G20 could carry...

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