Page 76 - Latest Updates on Nirmala Sitharaman
Cabinet likely to discuss proposals under Atma Nirbhar Bharat on Wednesday
These could include the much-talked-about proposal allowing commercial coal mining and may also include an ordinance on freeing up inter-state trade in agricultural commodities.
 "Cabinet likely to discuss proposals under Atma Nirbhar Bharat on Wednesday")
Govt revives flexible use of airspace policy, move to help airlines
Sitharaman said only 60 per cent of Indian airspace is freely available and restrictions will be eased so that civilian flying becomes more efficient
 "Govt revives flexible use of airspace policy, move to help airlines")
Top 10 biz headlines: Domestic flights to resume, Ola cuts jobs and more
Here are the top 10 headlines on Thursday morning
Resume operations, says FM Sitharaman; India Inc cites hurdles in way
Industry wants cash in the hands of the poor, more policy reform in sectors such as tourism, automotives and aviation
 "Resume operations, says FM Sitharaman; India Inc cites hurdles in way")
MSMEs to get loans at 9.25% under Centre's Rs 3-trillion package
100 per cent guarantee coverage will be provided by National Credit Guarantee Trustee Company (NCGTC) for additional funding of up to Rs 3 trillion to eligible MSMEs and interested MUDRA borrowers
 "MSMEs to get loans at 9.25% under Centre's Rs 3-trillion package")
Centre considers market borrowing for GST compensation to states
Raising GST rates or rationalisation of tax slabs may be discussed by the GST Council in the next meeting to be scheduled early next month.
 "Centre considers market borrowing for GST compensation to states")
Cash transfer is easier on paper than in reality: Expenditure Secy
In a Q&A, T V Somanathan says govt's actions aren't driven by any fear of a ratings downgrade; what migrants needed more than cash transfers is free food, which the Centre provided
 "Cash transfer is easier on paper than in reality: Expenditure Secy")
Govt to use RBI money to support struggling NBFCs for just three months
NBFCs cry foul as they were expecting a two-three year support
 "Govt to use RBI money to support struggling NBFCs for just three months")
When perception is reality
A deft, economically sensible policy maneuver puts PM Modi's political capital at risk
Rationale behind the package
Govt seems to be preserving some firepower
 "Rationale behind the package")
Coronavirus crisis must prompt industry to reset ties with workers: FM
The industry should also strive to work towards the skilling of employees at all levels, CII quoted her as saying in a statement
I've to be careful, am answerable to Parliament: FM Nirmala Sitharaman
Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.
 "I've to be careful, am answerable to Parliament: FM Nirmala Sitharaman")
Covid-19 updates: FM Sitharaman on stimulus 6.0, Trump's 'badge of honour'
Trump told reporters in a cabinet meeting that the high number of cases in the US is a "badge of honour", because it means the US is testing the most
 "Covid-19 updates: FM Sitharaman on stimulus 6.0, Trump's 'badge of honour'")
Market Ahead, May 20: All you need to know before the opening bell
Reliance Industries will be in focus today as its mega rights issue opens today and closes on June 3
 "Market Ahead, May 20: All you need to know before the opening bell")
Top 10 biz headlines: FM interview on stimulus, RIL rights issue and more
Here are the top 10 headlines on Wednesday morning
Door open for stimulus 6.0; govt with industry: FM Nirmala Sitharaman
Calling her stint as FM during the pandemic "the most challenging assignment yet", Sitharaman said she was not upset with the criticism that the recent stimulus package was too little
Govt to further revise criteria for MSME definition, says Nitin Gadkari
Unveiling the contours of the Rs 20-trillion stimulus package, Finance Minister Nirmala Sitharaman had last last week announced a change in the definition of MSMEs
 "Govt to further revise criteria for MSME definition, says Nitin Gadkari")
Credit line for street vendors may've few takers; half of 10 mn not covered
A majority of street vendors, due to closure of their business, do not have the liquidity to pay back a loan.
 "Credit line for street vendors may've few takers; half of 10 mn not covered")
Power reforms won't electrify the sector
At best, the scheme can be viewed as a one-time measure, while the larger problem of insolvency of discoms remains
Fiscal math of the imponderables
Growth holds the key to the government's fiscal deficit slippage
 "Fiscal math of the imponderables")
