Page 97 - Latest Updates on Nirmala Sitharaman
Call disinvestment 'recycling' for better optics: Industry executive to FM
"Even my father keeps asking me why government companies are being sold," the executive quipped
 "Call disinvestment 'recycling' for better optics: Industry executive to FM")
Letter to BS: Budget 2020 is inclusive, pragmatic and development-oriented
The Budget has attempted to cover all sectors of the economy with massive spending indicated in critical sectors
 "Letter to BS: Budget 2020 is inclusive, pragmatic and development-oriented")
A splash of sunshine and a hint on thermal
Mention of clean air in the Budget indicates that some sort of priority is accorded to it
 "A splash of sunshine and a hint on thermal")
Budget 2020: 100% smart prepaid metering trips on target and funds
Power ministry has been planning it for two years, but with limited success
 "Budget 2020: 100% smart prepaid metering trips on target and funds")
LIC IPO: Staff union to hold walkout strike in protests against move
The walk-out will take place at all offices of the insurance behemoth across the country
 "LIC IPO: Staff union to hold walkout strike in protests against move")
Defence spending in austere times
The unusually low 5 per cent increase in allocation in the Budget calls for unorthodox solutions to fund the military
 "Defence spending in austere times")
Budget 2020 has not accounted for telcos' AGR dues: DEA secretary
But receipts from firms stand at a whopping Rs 1.33 trillion for FY21
 "Budget 2020 has not accounted for telcos' AGR dues: DEA secretary")
Resources being prudently used, unlike UPA regime: FM Nirmala Sitharaman
Sitharaman said her ministry is motivating tax officers to meet the collection targets and not forcing them to do so
 "Resources being prudently used, unlike UPA regime: FM Nirmala Sitharaman")
Indian economy not in recession, MoS Finance Anurag Thakur tells Parliament
Minister of State for Finance Anurag Thakur said that the Index of Industrial Production (IIP) has improved as it registered a positive growth of 1.8% in November 2019
 "Indian economy not in recession, MoS Finance Anurag Thakur tells Parliament")
Money raised through disinvestment will be used to develop infra: FM
The government set an ambitious disinvestment target of Rs 2.10 trillion for the next financial year, which includes selling stake in BPCL and LIC
To boost domestic investment, Sitharaman's Budget focuses on foreign firms
A fiscally-strapped finance ministry was not expected to hand out any major sectoral sops. It has offered, instead, room for larger sector-agnostic investments, in spite of the protectionist character
 "To boost domestic investment, Sitharaman's Budget focuses on foreign firms")
Govt not included AGR dues payment in Budget 2020-21: DEA Secretary
15 entities owe the government about Rs 1.47 trillion in past dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges
 "Govt not included AGR dues payment in Budget 2020-21: DEA Secretary")
Budget stimulus unlikely to revive India's growth from slowdown: Experts
Economists and industry leaders said the budget proposals would provide some support to growth over the longer term but were insufficient to give it an immediate boost
 "Budget stimulus unlikely to revive India's growth from slowdown: Experts")
Govt very transparent in setting new fiscal deficit target: FM Sitharaman
She further said that many people have been speculating that the fiscal deficit would cross 4%
UP plans to formulate state policies in accordance with Budget 2020
State aims at maximising gains from central government schemes
Podcast: T N Ninan and A K Bhattacharya dissect Budget 2020
Has Finance Minister Nirmala Sitharaman delivered a fiscally prudent and growth-oriented Budget 2020? Business Standard Chairman T N Ninan and Editorial Director A K Bhattacharya discuss
 "Podcast: T N Ninan and A K Bhattacharya dissect Budget 2020")
LIC IPO: Interest of policyholders will be protected, says Anurag Thakur
Listing of LIC will help bring in greater transparency, public participation and also deepen the equity market, he said
 "LIC IPO: Interest of policyholders will be protected, says Anurag Thakur")
Not all NRIs need to pay tax, here's what FM clarified post budget speech
Finance minister clarified that only Indian income of NRIs is proposed to be taxed under the new provision
Dear FM, don't be scared of my questions, youth want jobs: Rahul Gandhi
He said Union Finance Minister Nirmala Sitharaman should not be afraid of answering questions raised by him on behalf of the youth, to whom the government is answerable
 "Dear FM, don't be scared of my questions, youth want jobs: Rahul Gandhi")
Budget 2020: FM Nirmala Sitharaman leaves India Inc disappointed
Disillusioned corporates feel measures are unlikely to spur consumption
 "Budget 2020: FM Nirmala Sitharaman leaves India Inc disappointed")
