Page 28 - Latest Updates on Nirmala Sitharaman
Trust between govt, industry key to use opportunities created by Covid: FM
FM assured that the proposed DFI, the National Bank for Infrastructure Financing and Development (NaBFID), will become functional soon
 "Trust between govt, industry key to use opportunities created by Covid: FM")
Liquidity no longer a major concern, FM Sitharaman assures India Inc
Banks to kick off new credit-outreach programme by October 15
 "Liquidity no longer a major concern, FM Sitharaman assures India Inc")
GST Council may allow intra-state pharma cess, discuss states' dues
It may discuss extending the compensation cess for states beyond 2022
 "GST Council may allow intra-state pharma cess, discuss states' dues")
Sitharaman urges full vaccination for economy, industry to work normally
Calls for more private sector participation in extending reach of govt schemes to rural India
 "Sitharaman urges full vaccination for economy, industry to work normally")
Supply-side policies failed, switch to demand stimulation: Bengal FM
Amit Mitra has written to Nirmala Sitharaman, urging her to take measures to increase demand in the economy as the supply-side policies have 'failed' to boost the manufacturing sector
 "Supply-side policies failed, switch to demand stimulation: Bengal FM")
Bengal FM tells Sitharaman her supply-side policies have 'utterly failed'
Asks her to restrain 'spin doctors' from giving misleading picture of the economy
 "Bengal FM tells Sitharaman her supply-side policies have 'utterly failed'")
Cairn accepts $1 bn refund offer, to drop cases against India: CEO
The offer to return money seized to enforce retrospective tax demand in lieu of dropping all litigations against the government 'is acceptable to us', says Cairn CEO Simon Thomson
 "Cairn accepts $1 bn refund offer, to drop cases against India: CEO")
Sitharaman lays foundation stone of IT Department building in Bengaluru
Sitharaman also unveiled the foundation stone plaque at the site
At FSDC meet, regulators told to keep a watch on financial sector
Officials stress need to strengthen resolution framework for financial institutions
 "At FSDC meet, regulators told to keep a watch on financial sector")
Your EPF account will now show taxable and non-taxable balance
Those earning high salaries should think twice before getting it restructured
 "Your EPF account will now show taxable and non-taxable balance")
India, UK agree to be ambitious on services deal in FTA negotiations
Pointing out that services make up 71% of UK's GDP and 54% of India's, the statement released after India-UK dialogue said both countries recognise importance of services in their economies
 "India, UK agree to be ambitious on services deal in FTA negotiations")
Will discuss rising fuel prices with FM, says Karnataka CM Basavaraj Bommai
Karnataka Chief Minister Basavaraj S Bommai on Thursday said he would discuss with the Union Finance Minister Nirmala Sitharaman the issue of rising retail fuel prices
 "Will discuss rising fuel prices with FM, says Karnataka CM Basavaraj Bommai")
Need to have informed conversations on Savarkar, says FM Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday said there is a need to have informed conversations about the ideas propounded by freedom fighter Vinayak Damodar Savarkar.
GST Council to meet on Sept 17, to review rate on Covid essentials
The GST Council will meet on September 17 in Lucknow which among other things may review concessional rates on Covid essentials
 "GST Council to meet on Sept 17, to review rate on Covid essentials")
Govt earned Rs 23 trn by increasing fuel, gas prices in last 7 years: Rahul
Congress leader Rahul Gandhi on Wednesday slammed the government over the rising price of domestic cooking gas, diesel and petrol
 "Govt earned Rs 23 trn by increasing fuel, gas prices in last 7 years: Rahul")
FM urges young tax officers to give ideas to amplify tech use in I-T dept
Finance Minister Nirmala Sitharaman on Tuesday urged young tax officers to give new ideas to amplify use of technology in the functioning of the Income Tax Department.
 "FM urges young tax officers to give ideas to amplify tech use in I-T dept")
Conclude loan guarantee scheme for medical infra in non-metros in time: FM
Finance Minister asked all stakeholders to conclude Rs 50,000 cr Loan Guarantee Scheme for Covid-Affected Sectors in time to deal with any future third wave
Govt constantly engaging with industry to support economic revival: FM
Says health care sector, which had to function at its best during peak Covid needs support now to ramp up capacities, bring in better technologies and facilities
Statsguru: Can govt raise Rs 6 trillion under asset monetisation plan?
Now the government plans to raise nearly Rs 40,000 crore each year from roads
 "Statsguru: Can govt raise Rs 6 trillion under asset monetisation plan?")
FSDC meeting on Sep 3; to take stock of economy, financial sector
FM Nirmala Sitharaman has called a meeting of the FSDC on September 3 to discuss the state of the financial sector and a strategy to support the nascent recovery of the pandemic-hit economy
