Articles about Nirmala Sitharaman

Depositors to get Rs. 5L insurance if bank under moratorium

28 Jul 2021

Depositors to get Rs. 5L insurance if bank under moratorium

The Indian government on Wednesday cleared amendments to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961, thus providing a big relief to the customers of failed or stressed banks.

No plans to print currency notes: Sitharaman on economic crisis

26 Jul 2021

No plans to print currency notes: Sitharaman on economic crisis

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of the COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday.

FM announces Rs. 1.1 lakh-crore loan guarantee for COVID-hit sectors

28 Jun 2021

FM announces Rs. 1.1 lakh-crore loan guarantee for COVID-hit sectors

Union Finance Minister Nirmala Sitharaman addressed a key press conference on Monday, announcing a slew of economic relief measures.

Sitharaman responds after Mamata asks Modi to waive vaccine taxes

09 May 2021

Sitharaman responds after Mamata asks Modi to waive vaccine taxes

The 5% tax on COVID-19 vaccines and 12% tax on medicines and oxygen concentrators is required to keep costs low, Union Finance Minister Nirmala Sitharaman said on Sunday.

Government working to save lives, livelihood: Finance Minister

19 Apr 2021

Government working to save lives, livelihood: Finance Minister

Finance Minister Nirmala Sitharaman on Monday said that she has taken inputs from various industry chambers on concerns of India Inc about the management of the COVID-19 pandemic and the government would continue to work with state governments to save lives and livelihood.

Within hours, Modi government rolls back small savings rate cut

01 Apr 2021

Within hours, Modi government rolls back small savings rate cut

Less than 12 hours after announcing a steep reduction in small savings interest rates, the government has scrapped the order, saying it was issued by oversight.

Not all banks will be privatized: FM amid employees' strike

16 Mar 2021

Not all banks will be privatized: FM amid employees' strike

Union Finance Minister Nirmala Sitharaman today assured that not all the banks will be privatized and wherever it may happen, the interest of the employees will be protected.

Rahul Gandhi becoming 'doomsday man' for India: Nirmala Sitharaman

13 Feb 2021

Rahul Gandhi becoming 'doomsday man' for India: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Saturday hit out at Congress leader Rahul Gandhi saying he is becoming a "doomsday man" for India by constantly insulting constitutional functionaries and creating fake narratives on issues.

2021 Union Budget sets pace for 'Aatmanirbhar Bharat': Nirmala Sitharaman

13 Feb 2021

2021 Union Budget sets pace for 'Aatmanirbhar Bharat': Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday said the Union Budget 2021-22 has set the pace for India to become Aatmanirbhar Bharat, replying to debate on the Budget in Lok Sabha.

Government could reserve 10% of LIC IPO for policyholders

03 Feb 2021

Government could reserve 10% of LIC IPO for policyholders

In her annual Budget speech, Finance Minister Nirmala Sitharaman said that the initial public offering (IPO) of Life Insurance Corporation of India (LIC) will be launched this year.

India allocates Rs. 7,148 crore as aid for several countries

02 Feb 2021

India allocates Rs. 7,148 crore as aid for several countries

India, on Monday, set aside over Rs. 7,100 crore in its Union Budget for 2021-22 as development assistance for several countries, with Bhutan getting the maximum allocation of Rs. 3,004 crore while Rs. 100 crore will be given to the Chabahar Port project in Iran.

Nirmala Sitharaman increases outlay for AIIMS by Rs. 310 crore

02 Feb 2021

Nirmala Sitharaman increases outlay for AIIMS by Rs. 310 crore

The All India Institute Of Medical Sciences (AIIMS) took a bright spot in the Union Budget as Finance Minister Nirmala Sitharaman gave it an additional Rs. 310 crore.

Farmers plan to block roads across the nation on Saturday

02 Feb 2021

Farmers plan to block roads across the nation on Saturday

Agitating farmers have announced that they will block state and national highways for three hours on February 6, Saturday, to lodge protest against three farm laws, suspension of internet services in select areas, as well as the Union Budget presented yesterday.

Budget 2021: Rs. 1.1 lakh crore plan for Indian Railways

01 Feb 2021

Budget 2021: Rs. 1.1 lakh crore plan for Indian Railways

Union Finance Minister Nirmala Sitharaman on Monday announced a record sum of Rs. 1.10 lakh crore for the Indian Railways in her Budget 2021 speech.

Budget 2021: What gets more expensive and what gets cheaper?

01 Feb 2021

Budget 2021: What gets more expensive and what gets cheaper?

Union Finance Minister Nirmala Sitharaman on Monday presented the Union Budget for the financial year 2021-2022.

Budget 2021: Nirmala Sitharaman says government committed to farmers' welfare

01 Feb 2021

Budget 2021: Nirmala Sitharaman says government committed to farmers' welfare

While presenting her third Union Budget today, Finance Minister Nirmala Sitharaman said the government is committed to the development of farmers, while also assuring that procurement of produce at the minimum support price (MSP) will continue steadily.

#Budget2021: Budget allocation for healthcare sector sees a 137% rise

01 Feb 2021

#Budget2021: Budget allocation for healthcare sector sees a 137% rise

With the COVID-19 pandemic still raging in India, healthcare has gained the prime focus in the Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman on Monday.

Budget 2021: What is the voluntary vehicle scrappage policy?

01 Feb 2021

Budget 2021: What is the voluntary vehicle scrappage policy?

During her Union Budget 2021 speech, Finance Minister Nirmala Sitharaman on Monday announced a voluntary vehicle scrappage policy.

Sensex zooms over 1,700 points after Union Budget 2021

01 Feb 2021

Sensex zooms over 1,700 points after Union Budget 2021

The Bombay Stock Exchange benchmark Sensex zoomed over 1,700 points and National Stock Exchange Nifty reclaimed the 14,000-level driven by gains in financial stocks on Monday after Finance Minister Nirmala Sitharaman presented the Union Budget, which analysts believe is growth-oriented.

With eye on education, Sitharaman announces Central University, Sainik schools

01 Feb 2021

With eye on education, Sitharaman announces Central University, Sainik schools

In her annual Budget speech, Union Finance Minister Nirmala Sitharaman announced a slew of education-related measures, like setting up a Central University in Leh and the establishment of 100 new Sainik schools.

Budget 2021: Infrastructure gets big boost

01 Feb 2021

Budget 2021: Infrastructure gets big boost

Union Finance Minister Nirmala Sitharaman on Monday unveiled India's first post-COVID-19 Union Budget for the financial year 2021-2022.

#Budget2021: Senior citizens with only pension/interest income exempted from ITR

01 Feb 2021

#Budget2021: Senior citizens with only pension/interest income exempted from ITR

In her third Union Budget, Finance Minister Nirmala Sitharaman announced that senior citizens above 75, who rely only on pension and interests for income, will be exempted from filing Income Tax Returns.

Budget 2021: Centre to incentivize incorporation of one-person companies

01 Feb 2021

Budget 2021: Centre to incentivize incorporation of one-person companies

Finance Minister Nirmala Sitharaman has presented the much-awaited Union Budget 2021-22 on Monday at a time when the Indian economy strives to recover from the COVID-19-induced crisis.

Union Budget 2021: Government to launch LIC IPO in FY22

01 Feb 2021

Union Budget 2021: Government to launch LIC IPO in FY22

In a major disinvestment push, Finance Minister Nirmala Sitharaman on Monday announced that the government plans to take control of two public sector banks and one general insurance company for stake sale in 2021-22.

Union Budget 2021: Sitharaman announces Rs. 35,000 crore for vaccines

01 Feb 2021

Union Budget 2021: Sitharaman announces Rs. 35,000 crore for vaccines

On Monday, Finance Minister Nirmala Sitharaman presented the Union Budget, her third one so far and the first one amid the coronavirus pandemic.

Nirmala Sitharaman to present 'Budget like never before' shortly

01 Feb 2021

Nirmala Sitharaman to present 'Budget like never before' shortly

At 11 am, Finance Minister Nirmala Sitharaman will present her third Union Budget. With the minister earlier declaring that this Budget "will be like never before," the expectations of a coronavirus-battered nation are already high.

Sitharaman tables Economic Survey; FY22 GDP growth pegged at 11%

29 Jan 2021

Sitharaman tables Economic Survey; FY22 GDP growth pegged at 11%

Union Finance Minister Nirmala Sitharaman on Friday tabled the Economic Survey 2021 in the Parliament.

India to hike import duties on smartphones, electronics, etc.: Report

19 Jan 2021

India to hike import duties on smartphones, electronics, etc.: Report

India is reportedly considering a hike in import duties by 5-10% on smartphones, electronic components, and appliances among more than 50 items in the upcoming Union Budget.

Union Budget 2021 on February 1: Here are key expectations

14 Jan 2021

Union Budget 2021 on February 1: Here are key expectations

As India hopes to recover from the COVID-19-induced economic crisis, all eyes are now on the Union Budget for the upcoming financial year.

COVID-19: Budget documents will not be printed this year

11 Jan 2021

COVID-19: Budget documents will not be printed this year

For the first time since 1947, the Union Budget documents will not be printed this year owing to the COVID-19 pandemic.

'Atmanirbhar' stimulus: Employment, income-tax relief for home-buyers, boost for vaccine

12 Nov 2020

'Atmanirbhar' stimulus: Employment, income-tax relief for home-buyers, boost for vaccine

Union Finance Minister Nirmala Sitharaman on Thursday announced a fresh economic stimulus to spur economic growth and boost demand.

Nirmala Sitharaman wanted me out of FinMin, says Ex-Finance Secretary

31 Oct 2020

Nirmala Sitharaman wanted me out of FinMin, says Ex-Finance Secretary

Former Finance Secretary Subhash Chandra Garg on Saturday blamed Finance Minister Nirmala Sitharaman for his sudden transfer from the Ministry.

BJP's vaccine promise in Bihar doesn't violate election code: EC

31 Oct 2020

BJP's vaccine promise in Bihar doesn't violate election code: EC

The Bharatiya Janata Party's promise of free COVID-19 vaccines in Bihar ahead of the state polls does not violate the election code, the Election Commission has held.

BJP's big Bihar promises: Free coronavirus vaccine; 19 lakh jobs

22 Oct 2020

BJP's big Bihar promises: Free coronavirus vaccine; 19 lakh jobs

Bharatiya Janata Party (BJP) on Thursday released manifesto for poll-bound Bihar. Among the big promises were free coronavirus vaccine for all and an assurance of 19 lakh jobs to seekers.

Centre announces travel payout, festival advance for government employees

12 Oct 2020

Centre announces travel payout, festival advance for government employees

To aid the economy, bruised by the coronavirus pandemic, the Centre on Monday announced a few measures for government employees.

Expunged-remark, coronavirus talk: Details from Day 1 of Monsoon Session

14 Sep 2020

Expunged-remark, coronavirus talk: Details from Day 1 of Monsoon Session

On the first day of the Monsoon Session, the Lok Sabha witnessed an uproar over various issues, from the removal of question hour to the rise in coronavirus numbers and a comment by Trinamool Congress leader Sougata Roy on Finance Minister.

Ease of doing business: Andhra Pradesh tops states' rankings

05 Sep 2020

Ease of doing business: Andhra Pradesh tops states' rankings

The Centre on Saturday released the rankings of states and union territories in terms of Ease of Doing Business (EoDB).

Pranab Mukherjee passes away; PM Modi, President Kovind pay tributes

31 Aug 2020

Pranab Mukherjee passes away; PM Modi, President Kovind pay tributes

India's former President and Congress veteran Pranab Mukherjee passed away on Monday, weeks after he tested positive for coronavirus,

FIDE Online Chess Olympiad: R Praggnanandhaa shines for India

24 Aug 2020

FIDE Online Chess Olympiad: R Praggnanandhaa shines for India

15-year-old Indian chess sensation R Praggnanandhaa starred for the nation in the ongoing FIDE Online Chess Olympiad.

PM Modi launches Transparent Taxation platform for honest taxpayers

13 Aug 2020

PM Modi launches Transparent Taxation platform for honest taxpayers

In a move aimed at helping honest taxpayers, Prime Minister Narendra Modi on Thursday launched the "Transparent Taxation - Honoring The Honest" platform.