With just six days left for polling for the first phase in the three-phase Bihar Assembly elections, the BJP on Thursday released its election manifesto or 'Sankalp Patra', making a slew of promises.Union Finance Minister Nirmala Sitharaman released the manifesto...

Union Minister for Finance & Corporate Affairs  Nirmala Sitharaman today held Video Conference with Secretaries of the Ministries of Petroleum & Natural Gas and M/o Coal,  along with the CMDs of 14 CPSEs belonging to these Ministries, to...

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman participated in the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Saudi Arabian Presidency here today through video conferencing. Ministers and Governors of...

The Union Government's "Atmanirbhar Bharat" package announced in May was all about a supply-side push leading to concerns and even criticism from several quarters for the lack of demand measures which actually would have lifted the economy. On Monday, the...

Coming up with the much anticipated demand boosting measures, Finance Minister Nirmala Sitharaman on Monday announced a ‘Cash Voucher Scheme for leave travel concession (LTC) for government employees and staff of state-run organisations.The scheme will generate...

Enroute to Vijayawada, Union Finance Minister Nirmala Sitharaman on Wednesday made an impromptu visit to a paddy field in Jakkula Nekkalam village and interacted with a few farmers."The farmers welcomed the three farm bills passed by the Parliament and reckoned...

Union Finance Minister Nirmala Sitharaman on Tuesday said the minimum support price (MSP) will continue and will not be withdrawn, while contending that for a long time, it had brought in distortion in the cropping pattern across the country.She also said...

The GST Council will meet again on October 12 to discuss and try to reach a consensus between state governments and the Centre on the borrowing options for GST compensation, Finance Minister Nirmala Sitharaman said on Monday.The decision taken to meet again...

Union Finance Minister Nirmala Sitharaman on Saturday said that insolvency proceedings against the corporate debtor and personal guarantor can be initiated together under the Insolvency and Bankruptcy Code and should be pursued simultaneously for a comprehensive...

Finance Minister Nirmala Sitharaman on Thursday directed banks to roll out resolution schemes for Covid-related stress by September 15.During her interaction with the heads of scheduled commercial banks and NBFCs, through video conference, she focused on lenders...

Union Finance Minister Nirmala Sitharaman on Thursday hit back at the opposition for "unnecessarily trying to politicise" the GST compensation issue when their previous government was to be blamed for "building an environment of mistrust" between the Centre...

Industries Minister Bikram Singh participated in the Goods and Services Tax (GST) Council meeting held in New Delhi today through video conferencing from Shimla. Union Finance Minister Nirmala Sitharaman presided over the meeting.Bikram Singh said that Covid-19...

Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman stressed that structural reforms are a key priority of the government as has been reflected in the slew of measures & policies announced since...

As the government's mega disinvestment plans have slowed down amid the pandemic, Finance Minister Nirmala Sitharaman on Tuesday said that there is a need to move faster in regards to the disinvestment decisions approved by the Cabinet.The statement comes...

Finance Minister Nirmala Sitharaman on Friday called upon the Central Public Sector Enterprises (CPSEs) to improve their performance, as this would eventually help the Indian economy recover from the slowdown induced by the coronavirus pandemic.The minister...

Finance Minister Nirmala Sitharaman on Friday said that scrutiny of tax return filers has declined since 2014, and only 0.25 per cent of the total number of filers were scrutinised in 2018-19.In her address at the virtual inauguration of the Nani Palkhivala...

Union Minister of Finance & Corporate Affairs Nirmala Sitharaman attended the 5th Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) through video conference in New Delhi today.Every year at the Annual Meeting, the...

The Central Board of Direct Taxes (CBDT) and all its field offices across India today observed the 160th anniversary of Income Tax Day.In her message on the 160th Income Tax Day, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman appreciated...

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman today held Video Conference with Secretaries of the Ministries of Civil Aviation, and Steel, and the  Chairman Railway Board (CRB), along with the CMDs of 7 Central Public Sector Enterprises...

The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today . The meeting  was also attended by Union Minister of State for Finance & Corporate Affairs...

In line with the announcement made in the Union Budget, Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman formally launched the facility for instant allotment of PAN (on near to real time basis) here today. This facility is now...

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chaired the 22nd Meeting of the Financial Stability and Development Council (FSDC) here today.The meeting was attended by Minister of State for Finance & Corporate Affairs Shri Anurag...

Union Minister of Finance & Corporate Affairs Nirmala Sitharaman attended the Special Board of Governors meeting of the New Development Bank (NDB) through video- conference here today.The agenda included the election of next President of NDB, appointment...

KEY HIGHLIGHTS ü  Rs 40,000 crore  increase in allocation for MGNREGS to provide employment boostü  Increased investments in Public Health and other health reforms to prepare India for future pandemicsü  Technology Driven Education...

KEY HIGHLIGHTSü Commercial Mining introduced in Coal Sectorü Diversified Opportunities in Coal Sectorü Liberalised Regime in Coal Sectorü Enhancing Private Investments and Policy Reforms in  Mineral Sectorü Enhancing Self Reliance in Defence Productionü...

• Rs 10,000 crore scheme for formalisation of Micro Food Enterprises (MFE)• Rs 20,000 crore for Fishermen through Pradhan Mantri Matsya Sampada Yojana (PMMSY)• National Animal Disease Control Programme• Setting up of Animal Husbandry Infrastructure Development...

• Technology system to be used enabling Migrants to access PDS(Ration) from any Fair Price Shops in India by March,2021-One Nation one Ration Card• Scheme for Affordable Rental Housing Complexes for Migrant Workers and Urban Poor to be launched• 2% Interest...

Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEsRs 20,000 crore Subordinate Debt for Stressed MSMEsRs 50,000 crore equity infusion through MSME Fund of FundsNew Definition of MSME and other Measures for MSMENo Global tenders...

Union Minister for Finance & Corporate Affairs Nirmala Sitaraman launched INR-USD Futures and Options contracts on the two International Exchanges, viz BSE’s India INX and NSE’s NSE-IFSC, at GIFT International Financial Services Centre at Gandhinagar today...

The Task Force on National Infrastructure Pipeline (NIP) submitted its Final Report on NIP for FY 2019-25 to the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here today. The Summary Report of the Task Force on National Infrastructure...

Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman participated in the virtual session of the 2nd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Saudi Arabian Presidency today, to discuss the global economic...

The Union Finance & Corporate Affairs Minister Niramla Sitharaman today announced Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus. While addressing the press conference...

The Union Finance & Corporate Affairs Minister Niramla Sitharaman today announced several important relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several...

The Government has revolutionized the technology driven Public Finance Management System (PFMS) that has silently empowered India to be accountable , responsive and transparent. Smt. Sitharaman said this while addressing inaugural session at the 44th Civil...

In a meeting held yesterday chaired by Nitin Gadkari, Minister of MSME, and Nirmala Sitharaman, Finance Minister with senior management of all Banks, some of the key schemes of Ministry of MSME which generate large number of jobs with low capital investment...

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman today unveiled EASE 3.0, the Public Sector Bank (PSB) Reforms Agenda 2020-21 for smart, tech-enabled banking, and the PSB EASE Reforms Annual Report 2019-20 here today.Finance Minister ...

The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman, has said that entrepreneurship has always been the strength of India and our young men and women have been contributing to India’s growth with their entrepreneurial skills. She was...

The Halwa ceremony, marking the commencement of Budget printing process for Union General Budget 2020-21, was held here in North Block today morning in the presence of the Union Finance & Corporate Affairs Minister Nirmala Sitharaman.Union General Budget...

To achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (Rs. 100 lakh crore) over these years on infrastructure. In the past decade (FY 2008-17), India invested about $1.1 trillion on infrastructure. The challenge is to step-up...

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman formally released a postage stamp to commemorate the distinguished service and glorious contribution by the Directorate of Revenue Intelligence (DRI) in protecting the nation.After releasing...

Union Minister of Finance & Corporate Affairs Nirmala Sitharaman held her 9th Pre-Budget Consultation meeting with the leading representatives from Water and Sanitation sectors here today in connection with the forthcoming General Budget 2020-21.Along...

Union Minister of Finance & Corporate Affairs Smt. NirmalaSitharaman held her 8th Pre-Budget Consultation Meeting with the leading Economists here today in connection with the forthcoming General Budget 2020-21.The main focus areas of the discussions included...

Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman held her 6th Pre-Budget Consultation with leading Industrialists here today in connection with the forthcoming General Budget 2020-21.Along with the Union Finance Minister, the meeting...

Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman held her 5th Pre-Budget Consultation with the representatives of various Trade Unions and Labour Organisations here today in connection with the forthcoming General Budget 2020-21.During...

The Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman held her second Pre- Budget Consultation meeting with the stakeholders from Financial Sector and Capital Markets in connection with the forthcoming General Budget 2020-21 here today.The...

The Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman, started her Pre-Budget Consultations with different stakeholder Groups in connection with the forthcoming General Budget 2020-21 here today. Her first meeting was with the stakeholder...

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman presided over the Passing out ceremony of the 69th (2017) Batch of Indian Revenue Service (Customs &  Central Excise) Officers at the campus o National Academy of Customs, Indirect...

The 21st Meeting of the Financial Stability and Development Council (FSDC) was held here today under the Chairmanship of the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman.The meeting was attended by Shri Shaktikanta Das, Governor,...

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman today unveiled two new IT initiatives – ICEDASH and ATITHI – for improved monitoring and pace of Customs clearance of imported goods and facilitating arriving international passengers by electronic...

The Union Minister for Finance & Corporate Affairs Nirmala Sitharaman released a special commemorative coin on Paramahansa Yogananda to mark his 125th birth anniversary here today .Speaking on the occasion, the Finance Minister said this moment is big...

The President of India, Ram Nath Kovind, presented first National Corporate Social Responsibility (CSR) Awards to selected companies here today. The President conferred national awards to winning companies in two categories namely, “Corporate Award for Excellence...

Punjab Finance Minister Manpreet Singh Badal Tuesday met the Union Finance Minister Nirmala Sitharaman and sought the early release of GST arrears, which are due to the state. Mr. Badal stated that the release of Punjab’s share was crucial, since its delay...

Union Finance Minister Nirmala Sitharaman led the Indian delegation to the Annual Meetings Plenary session of the International Monetary Fund (IMF) and the World Bank Group held in Washington DC yesterday . She also attended the Working Lunch Session of the...

Union Minister for Finance & Corporate Affairs , Nirmala Sitharaman, led the Indian delegation at G20 Finance Ministers and Central Bank Governors as well as the BRICS Finance Ministers and Central Bank Governors meetings held in Washington D.C yesterday....

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman reviewed the performance of Public Sector Banks (PSBs) here today in a meeting with bank chief executives. Credit and implementation of measures announced to support economic growth were...

Minister of Petroleum and Natural Gas &Steel Dharmendra Pradhan has called for inclusion of petroleum products under GST regime. Speaking at third India Energy Forum by CERAWeek in New Delhi today, he appealed to the union finance ministerto take this up...

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman,  administered the ‘Swachhata Pledge’ here today to the officials of the Ministry of Finance,  reaffirming commitment of the Government and Ministry of Finance employees to be...

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman met here today  the top brass of the Maharatna and Navratna Central Public Sector Enterprises (CPSEs) to review their capital expenditure till date and plans for the next two quarters...

Industries Minister Bikram Singh attended the 37th Meeting of Goods and Services Tax (GST) Council held at Goa, today.Union Finance Minister Nirmala Sitharaman presided over the meeting in which Industries Minister while expressing his views said that geographical...

Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs reviewed the performance of the banks, here, today in a meeting with the top management of Public Sector Banks.Today, FM reviewed at length the implementation of series of measures, following...