Page 78 - Latest Updates on Nirmala Sitharaman
Retailers' body miffed at stimulus, says emergent issues not addressed
The retail industry, which contributes around 40 per cent to India's consumption and 10 per cent to India's gross domestic product, is severely stressed
 "Retailers' body miffed at stimulus, says emergent issues not addressed")
Statsguru: Importance of MSMEs in times of Covid-19, economic slowdown
The assurance given by the finance minister that benefits given to MSMEs will not be withdrawn if they grow in size may solve this problem to an extent
 "Statsguru: Importance of MSMEs in times of Covid-19, economic slowdown")
Covid-19 trend, lockdown 4.0 details, Q4 earnings to decide market course
In addition, experts said, domestic bourses will take cues from global peers which have been reeling from fears of a second wave of Covid-19 in some countries
 "Covid-19 trend, lockdown 4.0 details, Q4 earnings to decide market course")
Govt allows Indian public companies to directly list shares overseas
The move will help Indian companies get access to multiple jurisdictions for raising capital, with differing costs and listing conditions, said experts
 "Govt allows Indian public companies to directly list shares overseas")
E-learning to be new normal as govt plans TV channel for schoolkids
Infectious disease hospital blocks to come up in all districts; public health labs to manage pandemics
 "E-learning to be new normal as govt plans TV channel for schoolkids")
Govt's fiscal cost could be less than 11% of total economic package
Not all of this amount will necessarily be borne in fiscal year 2020-21
 "Govt's fiscal cost could be less than 11% of total economic package")
Tourism, restaurant sectors unhappy with no provisions in stimulus package
Online ordering of food has taken a hit as most restaurants and hotels continue to remain closed due to lack of labour or the increased risk to the staff due to the coronavirus
 "Tourism, restaurant sectors unhappy with no provisions in stimulus package")
With a sell-off in mind, government to consolidate operations of PSEs
Union Finance Minister Nirmala Sitharaman on Sunday said the government would come out with a new policy that would identify strategic sectors
 "With a sell-off in mind, government to consolidate operations of PSEs")
Fiscal stimulus 2.0: States allowed to borrow more, but with conditions
Officials say states have been sent a memorandum explaining the needed reforms
 "Fiscal stimulus 2.0: States allowed to borrow more, but with conditions")
Participation of private players in space to help sector: Kawa's Kris Nair
As India becomes more and more self-reliant in the dual use of space, young startups like Kawa Space now have an opportunity to collaborate with the nation
 "Participation of private players in space to help sector: Kawa's Kris Nair")
One TV channel per class announced to complement digital education
Edtech firms like Toppr are also willing to join the bandwagon by assisting the government in education through digital and TV medium
 "One TV channel per class announced to complement digital education")
Great social divide: A new normal post Covid-19
Economic and social activities will come out from slumber in the coming weeks
 "Great social divide: A new normal post Covid-19")
Suspension - Boon or bane for the Insolvency and Bankruptcy Code
While the announcements were made today, the seeds of the repeal of Sections 7, 9 and 10 of the IBC had already been sown in April
GST compensation to states pending for December-March FY20: Sitharaman
The Centre has, so far, released over Rs 2.45 trillion as GST compensation to states since the implementation of the new indirect tax regime on July 1, 2017
 "GST compensation to states pending for December-March FY20: Sitharaman")
'Is it not dramebaazi?': Nirmala Sitharaman on Rahul meeting migrants
Rahul on Saturday interacted with migrant workers who were walking near Sukhdev Vihar flyover in New Delhi to return to their home states
Deep Dive with AKB: Govt's Rs 20-trn package to fight Covid-19 slump
How large Modi's economic package really is? From where will the govt get the money to finance it? Let's take a Deep Dive with AKB to understand
 "Deep Dive with AKB: Govt's Rs 20-trn package to fight Covid-19 slump")
Power engineers oppose FM's move to privatise power discoms in UTs
Dubey claimed the central government was looking at abolishing the subsidy and cross subsidy in the supply of electricity, which would make the commodity more expensive for the general consumer
 "Power engineers oppose FM's move to privatise power discoms in UTs")
Govt to privatise non-strategic PSUs, suspend new bankruptcy filings
Sitharaman also raised the allocation for the employment guarantee scheme by Rs 40,000 crore over and above the Rs 61,000 crore budgeted for MGNREGS
 "Govt to privatise non-strategic PSUs, suspend new bankruptcy filings")
1.2 mn EPFO members withdrew Rs 3,360 cr of savings during lockdown: FM
The EPFO, under the Union labour and employment ministry, has settled a total of 1.2 million claims under the Pradhan Mantri Garib Kalyan Yojana package
 "1.2 mn EPFO members withdrew Rs 3,360 cr of savings during lockdown: FM")
PSUs in non-strategic sectors to be privatised, says FM Sitharaman
In strategic sectors, at least one enterprise will remain in the public sector but private sector will also be allowed
