Page 60 - Latest Updates on Nirmala Sitharaman
Atmanirbhar Bharat 3.0: FM unveils 12 new stimulus measures ahead of Diwali
FM Nirmala Sitharaman provided updates on status of previous announcements under Atmanirbhar Bharat initiative while annoncing new measures under its third instalment
 "Atmanirbhar Bharat 3.0: FM unveils 12 new stimulus measures ahead of Diwali")
FM Sitharaman announces Rs 65,000-crore fertiliser subsidy for farmers
An additional outlay of Rs 10,000 crore will be provided for PM Garib Kalyan Rozgar Yojana
 "FM Sitharaman announces Rs 65,000-crore fertiliser subsidy for farmers")
FM announces Rs 18,000 crore additional outlay for urban housing scheme
This is over and above Rs 8,000 crore already provided this year
 "FM announces Rs 18,000 crore additional outlay for urban housing scheme")
Nirmala Sitharaman LIVE: Tax relief for buyers of homes priced up to Rs 2cr
FM Nirmala Sitharaman is addressing the media. The govt has stimulus packages, as a part of Atmanirbhar Bharat 3.0, just a few days ahead of Diwali
 "Nirmala Sitharaman LIVE: Tax relief for buyers of homes priced up to Rs 2cr")
Govt offers PF subsidies to employers in Atmanirbhar job incentive scheme
Sop available in the case of both, new hires and those who lost their jobs to Covid; Atmanirbhar Bharat Rozgar Yojana will benefit workers with wages up to Rs 15,000
Hard for Visa, MasterCard to challenge FM Sitharaman's RuPay push
Though difficult to compete with RuPay, these firms can remain relevant in India's hugely underpenetrated market, say experts
 "Hard for Visa, MasterCard to challenge FM Sitharaman's RuPay push")
Cabinet expands viability gap funding by Rs 2,100 cr for social sector
VGF is given to PPP projects and has been limited to economic infra so far; some Rs 6,000 cr would be given for such initiatives as VGF till 2024-25
 "Cabinet expands viability gap funding by Rs 2,100 cr for social sector")
Govt plans fresh round of $20-billion economic stimulus this week: Report
Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and other top officials will finalise the plan on Thursday
 "Govt plans fresh round of $20-billion economic stimulus this week: Report")
Push Rupay as first option, seed accounts with Aadhaar by Dec: FM to banks
Retired bank employees should not be forgotten; bankers should be a cohesive family such as in defence, says Sitharaman
 "Push Rupay as first option, seed accounts with Aadhaar by Dec: FM to banks")
Govt employees can make purchases in family member's name under LTC plan
So far employees had only Leave Travel Concession (LTC) benefits on travels made or forgo the amount
Centre releases Rs 6,195 crore to 14 states: FM Nirmala Sitharaman
A similar amount was released as grant in April-October period of the current financial year
 "Centre releases Rs 6,195 crore to 14 states: FM Nirmala Sitharaman")
FM calls for consensus on taxing digital firms like Google, Facebook
Some 129 countries are in talks to rework global tax system to make digital firms pay tax regardless of their physical presence or measured profits in a country
 "FM calls for consensus on taxing digital firms like Google, Facebook")
Digitisation will help measure GDP accurately: FM Nirmala Sitharaman
FM Sitharaman said increased digitisation will help in making better assessment of the country's economic growth and nudged tax practitioners to suggest their clients to shift towards digital payments
 "Digitisation will help measure GDP accurately: FM Nirmala Sitharaman")
FM to unveil another stimulus soon, says Economic Affairs Secretary
The Finance Ministry is looking into suggestions and requests received from various sectors of the economy, he said in a virtual conference with media
 "FM to unveil another stimulus soon, says Economic Affairs Secretary")
FM Sitharaman insisted on my transfer from North Block, says S C Garg
Former finance secretary Garg had last year opted for voluntary retirement after being transferred to Power ministry
 "FM Sitharaman insisted on my transfer from North Block, says S C Garg")
Amid grim fiscal outlook, this 'act of god' could salvage Sitharaman's Budget
If the Finance Commission recommends a smaller tax share for states, the Centre will get more money. On what that would do to 'cooperative federalism', you don't need to guess, writes T N Ninan
Best of BS Opinion: Coupling of power exchanges, regulatory overkill & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Coupling of power exchanges, regulatory overkill & more")
Growth constraints
State govt finances would remain under pressure for years
Real or nominal? Making sense of FM's 'near zero' GDP growth comment
A zero nominal growth rate of GDP would mean the real rate of growth of GDP would be in negative territory.
Near zero GDP today, among fastest growing next year: FM on Indian economy
GDP to be flat in FY21, FDI inflow up 13 per cent between April to August 2020, compared to 2019
