Page 34 - Latest Updates on Nirmala Sitharaman
FM announces Rs 1.1 trn loan guarantee scheme for Covid affected sectors
The scheme would include Rs 50,000 crore loan to the health sector
 "FM announces Rs 1.1 trn loan guarantee scheme for Covid affected sectors")
1991 ushered in many relationship changes; govt-RBI one was the foremost
From 1991 onwards, the RBI became a full, if slightly junior, partner of the finance ministry, instead of being a 'mere subordinate department of the financial ministry'
Sitharaman points at investment opportunities in India to US investors
FM Sitharaman discussed opportunities in India for growth and investment on the back of the reform measures taken by government
 "Sitharaman points at investment opportunities in India to US investors")
GST Council meets become toxic, consider course correction: Mitra to FM
West Bengal minister Amit Mitra on Wednesday urged Union Finance Minister Nirmala Sitharaman to consider a "course correction" to rebuild faith.
 "GST Council meets become toxic, consider course correction: Mitra to FM")
FM Nirmala Sitharaman calls for re-thinking financing for resilient infra
Finance Minister Nirmala Sitharaman on Wednesday made a case for re-thinking financing and development priorities for inclusive, sustainable and resilient infrastructure aligned with Sustainable Development Goals (SDGs).
I-T portal glitches: FM asks Infosys to address all issues immediately
Sitharaman further urged Infosys to work on the new income-tax portal to make it more humane and user-friendly
 "I-T portal glitches: FM asks Infosys to address all issues immediately")
Govt open to more measures to boost economy: CEA K V Subramanian
The government is open to coming out with more measures to boost the economy which has been hit by the second wave of the coronavirus pandemic, says Chief Economic Advisor (CEA) K V Subramanian.
 "Govt open to more measures to boost economy: CEA K V Subramanian")
GST dues of all states not cleared as claimed by FM: Chidambaram
Chidambaram cited the example of Congress-ruled Rajasthan, Punjab and Chhattisgarh.
 "GST dues of all states not cleared as claimed by FM: Chidambaram")
GST dues of states not cleared as claimed by FM, alleges Chidambaram
Former Finance Minister P. Chidambaram has alleged that contrary to claims of Finance Minister Nirmala Sitharaman, GST dues of Congress-ruled states Rajasthan and Chhattisgarh are yet to be cleared.
EAM Jaishankar, FM Sitharaman to headline UK's India Global Forum
India Global Forum, organised from London as a hybrid event between June 29 and July 1, will bring together a range of worldwide experts
 "EAM Jaishankar, FM Sitharaman to headline UK's India Global Forum")
GST cuts on several Covid essentials; no change in tax on vaccines
Centre to share 70% of vaccine revenue with states, says FM Sitharaman
 "GST cuts on several Covid essentials; no change in tax on vaccines")
GST: Centre to share 70% of vaccine revenue with states, says FM Sitharaman
GST Council approves rate reduction for Remdesivir from 12% to 5%; nil tax on Tocilizumab, Amphotericin; however, the Council agrees to stick to 5% GST on vaccines
GST Council meet underway, may consider duty cuts on medical supplies
The meeting is taking place after the 43rd meeting of the Council on May 28 announced a series of duty concessions on Covid relief items in addition to relaxation of compliance measures for taxpayers
 "GST Council meet underway, may consider duty cuts on medical supplies")
FM Nirmala Sitharaman to chair 44th GST Council meeting today
44th meeting of the Goods and Services Tax (GST) Council today is expected to take a decision on relief in respect of Covid-19 related individual items based on the report of Group of Ministers
FM asks ministries to front load capex; explore PPPs for viable projects
Finance Nirmala Sitharaman on Friday asked various ministries to try to spend more than their capital expenditure targets as well as explore public private partnerships for viable projects.
 "FM asks ministries to front load capex; explore PPPs for viable projects")
I-T portal glitches: FM asks Nilekani, Infosys not to let down taxpayers
IT firm regrets initial glitches, promises to fix them
 "I-T portal glitches: FM asks Nilekani, Infosys not to let down taxpayers")
Insurers to process claims under govt's flagship schemes within a week
Finance Minister Nirmala Sitharaman meets heads of insurance companies for faster claim settlement amid pandemic
 "Insurers to process claims under govt's flagship schemes within a week")
FM calls for faster claim settlement under PMJJBY in meeting with insurers
Nirmala Sitharaman stressed the importance of streamlining the process and documentation requirements
 "FM calls for faster claim settlement under PMJJBY in meeting with insurers")
FM Nirmala Sitharaman says macroeconomic fundamentals are sound
The finance ministry's assessment of the impact of the second wave on the economy will take a bit longer considering the timings and uncertainties, she said
Do not politicise GST Council: Finance Minister Nirmala Sitharaman
The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with further packages and interventions, says FM Sitharaman
 "Do not politicise GST Council: Finance Minister Nirmala Sitharaman")
