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"nirmala-sitharaman"

  • Nirmala Sitharaman lauds Team India’s historic win in Australia

    Sitharaman, who was giving her 2021-22 Budget Speech, started off by giving a special shout out to what the Indian team under the leadership of Ajinkya Rahane managed to achieve Down Under.
  • Finance Minister allocates Rs 1,10,055 cr for Railways

    She also announced an outlay for capital expenditure amounting to Rs 1,07,100 crores. Presenting the Union Budget 2021-22, Sitharaman said that the plan of the government is to create a future-ready Railways system by 2030.
  • Rural infra development fund increased to Rs 40,000 cr in FY22: FM 

    Presenting the Union Budget for 2021-22, she also said the operation green scheme will cover 22 more perishable commodities while announcing the development of five major fishing hubs.
  • 8,500 km of highway projects to be awarded in FY22: FM

    "To further augment road infrastructure, 8,500 km of road and highway projects will be awarded by March 2022," Sitharaman said in her Budget Speech.
  • Union Budget introduces Rs 64,180 cr scheme to upgrade healthcare infrastructure

    Sitharaman said that the main interventions under the scheme will support over 17,000 rural and 11,000 urban wellness centres.
  • Ujjwala scheme to be extended to 1 cr more beneficiaries: FM

    Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman said fuel supplies were kept running without interruption during COVID-19 lockdown.
  • Govt to revise definition of small companies: Finance Minister           

    In the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman proposed setting up of investor charter across financial products.
  • FM announces voluntary vehicle scrapping policy to phase out old vehicles

    She said this will promote fuel-efficient and environment friendly vehicles while cutting on India's huge import bills.
  • FM proposes sharp hike in capital expenditure to Rs 5.54 lakh crores

    Presenting the Union Budget for 2021-22, she said Railways will monetise dedicated freight corridors.
  • FM announces Rs 18,000 cr scheme for public transport in urban areas

    In the first paperless Union Budget, Finance Minister Nirmala Sitharaman said there will be 100 per cent electrification of broad gauge rail tracks by December 2023.
  • Govt to launch national monetisation pipeline for potential brownfield infra assets    

    "National monetisation pipeline for potential brownfield infrastructure assets will be launched," Sitharaman said.
  • FM Nirmala Sitharaman commences Budget presentation for FY’22

    As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation.
  • Sitharaman replaces Swadeshi ‘bahi khata’ with tablet as Union Budget goes digital

    Finance Minister had launched the "Union Budget Mobile App" for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public.
  • Finance Minister Nirmala Sitharaman to present Union Budget 2021 today

    This year, the Union Budget will be delivered in paperless form for the first time.
  • Overly optimistic

    While it is desirable to be optimistic about growth, the Survey must have openly acknowledged the problem areas
  • Improvement in access to bare necessities: Eco Survey

    The Economics of a Plate of Food in India", this year it took a step further to study access to 'the bare necessities' -- housing, water, sanitation, electricity and clean cooking fuel.
  • Air of optimism

    While one can take comfort in IMF’s praise for India’s “very decisive” steps to deal with the pandemic, several challenges need to be overcome
  • Tax data transfer between FB group companies: Govindacharya to FM

    We are hopeful that you will consider this very important aspect by inserting specific provisions in the upcoming Finance Bill (Budget 2021) to impose tax on data transactions of tech giants in India, with retrospective effect
  • Loosen the purse strings

    Restoration and creation of jobs must be high on Sitharaman's to-do list that will set the tone for a double-digit growth
  • India within striking distance of attaining positive growth: RBI

    The economy contracted by a massive 23.9 per cent in the first quarter and 7.5 per cent in the second quarter on account of the COVID-19 pandemic.
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