Page 51 - Latest Updates on Nirmala Sitharaman
Social security benefit to be extended to platform, gig workers, says FM
The government on Monday said social security benefits will be extended to platform and gig workers
 "Social security benefit to be extended to platform, gig workers, says FM")
Govt provides Rs 15,700 crore for MSME sector in Union Budget 2021
Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22
 "Govt provides Rs 15,700 crore for MSME sector in Union Budget 2021")
Budget's vehicle scrappage policy: How the idea works in other countries
Personal vehicles older than 20 years and commercial vehicles more than 15 will be eligible for exchange, according to Budget 2021
 "Budget's vehicle scrappage policy: How the idea works in other countries")
Budget: Govt proposes Rs 20,000-cr recapitalisation for PSBs in 2021-22
Finance Minister Nirmala Sitharaman on Monday said the government would infuse Rs 20,000 crore into public sector banks (PSBs) in 2021-22, to meet the regulatory norms
Budget 2021: Govt to set up Rs 20,000 cr DFI to promote infra financing
FM Sitharaman said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trn required for funding of the ambitious national infrastructure pipeline
 "Budget 2021: Govt to set up Rs 20,000 cr DFI to promote infra financing")
Rural infra development fund increased to Rs 40,000 crore in FY22: FM
Finance Minister Nirmala Sitharaman on Monday said the allocation to rural infrastructure development has been increased to Rs 40,000 crore for the next fiscal from Rs 30,000 crore in FY21
 "Rural infra development fund increased to Rs 40,000 crore in FY22: FM")
Govt to privatise two PSBs and insurance firms, LIC IPO slated for FY22
Asset reconstruction company to take over all stressed assets from bank books, manage it before selling it further to private parties such as distressed assets funds
FM announces 7 port projects worth more than Rs 2,000 cr via PPP mode
Finance Minister Nirmala Sitharaman on Monday announced seven port projects worth more than Rs 2,000 crore investment
 "FM announces 7 port projects worth more than Rs 2,000 cr via PPP mode")
Budget 2021: Govt to facilitate a fintech hub at Gift city, says FM
Union Finance Minister Nirmala Sitharaman on Monday said that the government will facilitate setting up of a world class fintech hub in Gujarat International Finance Tec (GIFT) city.
 "Budget 2021: Govt to facilitate a fintech hub at Gift city, says FM")
Budget: Govt proposes to launch unified securities market code, says FM
The government on Monday proposed to launch a unified securities market code
 "Budget: Govt proposes to launch unified securities market code, says FM")
Govt proposes Rs 2.24 trn outlay for healthcare in 2021-22: FM Sitharaman
The government on Monday proposed Rs 223,846 crore Budget outlay for health and well being for 2021-22, compared to Rs 94,452 crore in the current fiscal, an increase of 137 per cent
 "Govt proposes Rs 2.24 trn outlay for healthcare in 2021-22: FM Sitharaman")
Budget 2021: FM Sitharaman proposes doubling of healthcare spending
India, which has the world's second highest coronavirus caseload after the United States, and currently spends about 1 per cent of gross domestic product on health
Budget 2021: Govt to revise definition of small companies, says FM
The government on Monday said definition of small companies will be revised by raising capital base to Rs 2 crore from the current limit of Rs 50 lakh
 "Budget 2021: Govt to revise definition of small companies, says FM")
Budget 2021: Govt proposes to increase FDI cap in insurance sector to 74%
The government on Monday proposed to increase foreign direct investment limit in the insurance sector to 74%, a move aimed at attracting overseas players.
Framework soon for electricity consumers to choose service provider: FM
Finance Minister Nirmala Sitharaman on Monday announced that the government will soon put in place a framework to allow electricity consumers choose service providers or discoms.
Govt to launch national monetisation pipeline for brownfield infra assets
Finance Minister Nirmala Sitharaman said the government will launch national monetisation for potential brownfield infrastructure assets
 "Govt to launch national monetisation pipeline for brownfield infra assets")
Budget 2021 unveils scheme for setting up mega textile parks in India
The government unveiled a scheme for setting up mega textile parks, as part of the efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector
Budget 2021: Capital expenditure hiked 34.5% to Rs 5.54 trillion in FY22
The government's planned capital expenditure for the current fiscal has been increased to Rs 4.39 trillion, as against the Budgeted Rs 4.12 trillion
FM announces Rs 18,000 crore scheme for public transport in urban areas
The government on Monday announced a Rs 18,000 crore scheme to augment public transport in urban areas
 "FM announces Rs 18,000 crore scheme for public transport in urban areas")
FM proposes to raise capital expenditure to Rs 5.54 trillion in FY22
Finance Minister Nirmala Sitharaman on Monday proposed to increase the capital expenditure to Rs 5.54 lakh crore in the financial year starting April 1, 2021
