Steep cuts on interest rates on small savings schemes, announced last evening, were rolled back by the government today with Finance Minister Nirmala Sitharaman declaring that “orders issued by oversight” would be withdrawn. The cuts in schemes ranging from the National Savings Certificates or NSC and Public Provident Fund or PPF, would have hurt millions of middle class depositors. “Interest… Continue reading "Centre rolls back interest rate cut in small savings scheme"
Tag: Nirmala Sitharaman
Amid outcry over high taxes on petrol and diesel, Finance Minister Nirmala Sitharaman on Tuesday said she would be “glad” to discuss the suggestion of bringing petrol and diesel under the ambit of the Goods and Services Tax at the next meeting of the GST Council. State levies and central excise duty account for more than half of the retail… Continue reading "Ready to discuss about including fuel price in GST: Finance Minister"
Union Finance Minister Nirmala Sitharaman will address a press conference at 4 PM today in New Delhi, her office informed today morning in a tweet. “Finance Minister Smt. @nsitharaman will address a Press Conference today, 13th May 2020, at 4 PM in New Delhi.#EconomicPackage#AatmanirbharBharat #AatmaNirbharBharatAbhiyan #IndiaFightsCorona,” it said. Nirmala Sitharaman expected to provide the details of Rs 20 lakh crore… Continue reading "Nirmala Sitharaman’s important announcements on PM’s financial package today"
Days after the Narendra Modi government extended the coronavirus lockdown till May 3, Reserve Bank of India (RBI) Governor Shaktikanta Das will make some important announcements at 10 am today. He is likely to announce some fresh measures to cushion the economy during lockdown 2.0. In the meantime, Finance Minister Nirmala Sitharaman is also expected announce a fiscal stimulus package… Continue reading "Important announcements by Nirmala Sitharaman, RBI Governor Shaktikantha Das"
Sticking to her promise of issuing clarifications on the budget presented in Lok Sabha, Finance Minister Nirmala Sitharaman held an interactive session in Chennai. Acknowledging that due subsidies were to be released; she said that the government will soon be releasing the subsidy amount. She also acknowledged that an amount worth Rs 4000 crore as GST tax collection was yet… Continue reading "Nirmala Sitharaman clarifies on budget in Chennai"
Stating that the Citizenship Amendment Act (CAA) is to provide citizenship and not to snatch one, Union Finance Minister and senior BJP leader Nirmala Sitharaman has said the government is ready to talk with those who have apprehensions that they would be deprived of citizenship. Speaking on CAA at an event organised by the Chennai Citizen’s Forum on Sunday, she… Continue reading "Nirmala Sitharaman in Chennai, says CAA is to provide citizenship"
The Indian Air Force (IAF) will be pressed to rescue students caught in a forest fire in Tamil Nadu’s Theni district, Defence Minister Nirmala Sitharaman announced. In a series of tweets, she said the Southern Command was in touch with the Theni District Collector. Authorities in Tamil Nadu were engaged in a massive operation on Sunday to rescue 20 students… Continue reading "Kurangani fire: Many trapped in hills, Nirmala Sitharaman rushes IAF"
Nirmala Sitharaman reiterates that GeM is the most transparent, accountable and efficient public procurement portal
Commerce and Industry Minister Smt. Nirmala Sitharaman has reiterated that GeM is the most transparent, accountable and efficient public procurement portal and has already resulted in savings of crores of Rupees to the Government. In a press conference today she strongly denied the charges levelled against GeM by the Congress Party. In the Press conference held on 21st April 2017… Continue reading "Nirmala Sitharaman reiterates that GeM is the most transparent, accountable and efficient public procurement portal"
The logo of the Cell for IPR Promotion and Management (CIPAM) was launched today by the Commerce & Industry Minister Smt. Nirmala Sitharaman. On the occasion she said that this is an ambitious task as India’s intellectual property related activities need great traction. The logo has been designed keeping in mind the slogan of the National IPR Policy: “Creative India,… Continue reading "Nirmala Sitharaman launches the CIPAM Logo"
Mrs. Nirmala Sitharaman, Commerce and Industry Minister and her Brazilian counterpart Mr. Marcos Pereira, Minister of Industry, Foreign Trade and Services held bilateral talks on 13th October, 2016 in New Delhi who is in India to participate in the BRICS summit. The Brazilian Minister thanked Mrs. Nirmala Sitharaman for holding the meeting and congratulated India on taking over the Presidency… Continue reading "Nirmala Sitharaman and Mr. Marcos Pereira, Foregin Trade and Services, Brazil"