Draped in a white silk saree with magenta border, she poses for traditional 'briefcase' picture outside her office, along with her team of officials, before heading to meet President
The Economic Survey 2023-24, which was presented in the Parliament by union Finance Minister Nirmala Sitharaman on Monday, has lauded the concept of a Steel Bank, which was launched in Siddipet two years ago.
Following the meeting, the Finance Ministry, in a late Thursday night post, stated that Wickremesinghe acknowledged India's multi-faceted support to Sri Lanka during the economic crisis.
During Wednesday's World Bank-IMF annual meetings in Marrakech, Morocco, she emphasized this while unveiling the "Partnership for Resilient and Inclusive Supply-chain Enhancement" (RISE).
The Finance Minister announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing. Also, customs duty on parts of open cells of TV panels would be cut to 2.5 per cent.
While the leading newsrooms of the country are debating the academic stand point of these changes, the netizens expressed the views of the working class with a touch of sarcasm and humour. Several memes have been surfacing on the net.
"The Modi government has not levied any new tax on the middle class in any budget so far. No tax has been imposed on people who earn up to Rs 5 lakhs," Sitharaman said during the event.
Sitharaman also noted with some satisfaction that the fundamentals of the Indian economy were in a good position at this time -- "I'm not asking for celebration, but it is true that we are holding together".