Page 16 - Latest Updates on Nirmala Sitharaman
Aspirational Districts Programme translated into reality in short time: FM
Nirmala Sitharaman on Tuesday said 95% of Aspirational Districts have made significant progress in key sectors such as health, nutrition, financial inclusion and basic infrastructure
 "Aspirational Districts Programme translated into reality in short time: FM")
Budget lacks major steps to enhance revenue to off-set spending: Moody's
Deficit target of 6.4% poses uncertainty due to pandemic risks
 "Budget lacks major steps to enhance revenue to off-set spending: Moody's")
Budget 2022: Centre to borrow Rs 11.6 trn in FY23 to meet expenditure needs
This is nearly Rs 2 trillion higher than the current year's Budget estimate of Rs 9.7 trillion
 "Budget 2022: Centre to borrow Rs 11.6 trn in FY23 to meet expenditure needs")
Budget 2022: The unmistakable Gadkari mark in first part of FM's speech
Over-arching emphasis on ramping up transportation infra--christened PM Gati Shakti--is as much a brainchild of Gadkari than it is of PM Modi who launched it last October
 "Budget 2022: The unmistakable Gadkari mark in first part of FM's speech")
Budget 2022: 68% capex for Defence set aside for domestic procurement
The minister said that defence research and development will be opened up for the industry, startups and academia with 25% of defence research and development budget earmarked
 "Budget 2022: 68% capex for Defence set aside for domestic procurement")
Budget 2022: For every rupee in govt coffer, 58 paise to come from taxes
The government is also looking to earn 7 paise for every rupee from Union excise duty and 5 paise from customs duty
 "Budget 2022: For every rupee in govt coffer, 58 paise to come from taxes")
Budget 2022: Full text of Finance Bill as tabled in Lok Sabha by FM
Here is the full text of the Finance Bill as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman
Union Budget 2022 proposes to introduce digital rupee to be issued by RBI
FM sees big push to digital economy, says digital currency will also lead to a more efficient and cheaper currency management system
 "Union Budget 2022 proposes to introduce digital rupee to be issued by RBI")
Budget 2022: Full text of Annual Financial Statement tabled in Lok Sabha
Here is the full text of the Annual Financial Statement as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman
 "Budget 2022: Full text of Annual Financial Statement tabled in Lok Sabha")
Nothing for middle class, poor in Union Budget, says Rahul Gandhi
Congress leader Rahul Gandhi on Tuesday dubbed the Union Budget for 2022-23 as a 'zero-sum budget', saying it has nothing for the salaried, middle class and the poor.
 "Nothing for middle class, poor in Union Budget, says Rahul Gandhi")
Budget 2022: Full text of the memorandum of the Finance Bill tabled in LS
Here is the full text of the memorandum of the Finance Bill as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman
 "Budget 2022: Full text of the memorandum of the Finance Bill tabled in LS")
Govt extends ECLGS scheme for MSMEs till Mar 2023; thrust on hospitality
Presenting the Budget 2022-23 in Parliament, the Finance Minister said the Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) scheme will be revamped with required infusion of funds
 "Govt extends ECLGS scheme for MSMEs till Mar 2023; thrust on hospitality")
Rupee reverses gains, trading 22 paise lower at 74.87 post Budget speech
Investors were cautious after Finance Minister Nirmala Sitharaman on Tuesday said that the fiscal deficit in 2021-22 will be 6.9 per cent of GDP and 6.4 per cent in 2022-23, forex traders said
 "Rupee reverses gains, trading 22 paise lower at 74.87 post Budget speech")
Govt pegs fiscal deficit for FY22 a tad higher at 6.9%, for 2022-23 at 6.4%
The fiscal deficit or the gap between expenditure and revenue was estimated at 6.8 per cent of the gross domestic product (GDP) in the current financial year ending March 31, 2022
 "Govt pegs fiscal deficit for FY22 a tad higher at 6.9%, for 2022-23 at 6.4%")
Full text of Finance Minister Nirmala Sitharaman's Budget 2022 speech in LS
Here is the full text of Finance Minister Nirmala Sitharaman's Budget 2022 in Lok Sabha
 "Full text of Finance Minister Nirmala Sitharaman's Budget 2022 speech in LS")
FM Sitharaman proposes cut in customs duties on certain chemicals
She also announced a reduction in customs duty on cut and polished diamond, gemstones to 5 per cent
 "FM Sitharaman proposes cut in customs duties on certain chemicals")
'Betrayal of middle and salaried class', Cong slams govt on Budget
After Finance Minister Nirmala Sitharaman did not announce any tax relief in the Budget for the year 2022-23, the Congress on Tuesday slammed the government for betraying the middle and salaried class
 "'Betrayal of middle and salaried class', Cong slams govt on Budget")
Task force on animation, gaming, comic promotion to be set up: FM
Finance Minister Nirmala Sitharaman on Tuesday said a task force on animation visual effects, gaming and comic promotion will be set up to recommend ways to serve markets and global demand.
 "Task force on animation, gaming, comic promotion to be set up: FM")
FM Sitharaman unveils budget aimed at spurring spending to support growth
Total expenditure in 2022/23 seen at Rs 39.45 trillion
 "FM Sitharaman unveils budget aimed at spurring spending to support growth")
8 million houses under PM Awas Yojana in 2022-23: FM Sitharaman
The Finance Minister further stated that the central government will work with state government for reduction of time required for all land and construction related approvals
 "8 million houses under PM Awas Yojana in 2022-23: FM Sitharaman")
