Tag: Finance Minister

Total expenditure incurred by Government of India is Rs 37,47,287 crore (83.4 per cent of corresponding RE 2023-24), out of which Rs 29,41,674 crore is on Revenue Account and Rs 8,05,613 crore is on Capital Account.

The Finance Minister informed that a corpus of Rs 1 lakh crore will be established with 50-year interest-free loan. 

Sitharaman was accompanied by Union Education Minister Dharmendra Pradhan and BJP national spokesperson Sambit Patra, MLAs Jayanta Sarangi and Lalitendu Bidyadhar Mohapatra during her visit to the shrine.

Banga, who was selected as the new World Bank president on Wednesday, had most recently served as vice chairman at General Atlantic.

The trouble the 70-year-old had to endure for allowance is heart-wrenching. She has neither strength to walk properly, nor the energy to speak in an audible voice.

According to the amendment, debt mutual funds have been stripped of the long-term tax benefit, if they invest less than 35 per cent of their assets in equities.

Out of the total revenue expenditure, Rs 7,38,658 crore was on account of interest payments and Rs 3,99,400 crore was on account of major subsidies.

Sitharaman once and for all cleared all doubts and apprehensions about Odisha's Special Category Status demand.

Finance Minister Nirmala Sitharaman in her Union Budget 2023-24 speech said that the subsidies on EV batteries will be extended for one more year, hence making EVs cheaper in the country.

On November 22, Sitharaman would meet agriculture and agro processing industry, representatives from financial sector and capital markets.

The rupee incidentally had touched a historic low of 83.18 earlier this week, even as Sitharaman said that she saw it more as a case of the dollar strengthening than the rupee falling.

The finance minister also discussed the preparations for the upcoming Climate Change Conference in Glasgow.

As part of her US visit, Sitharaman is also meeting heads of various corporations to explore various investment potential and make in India initiatives.

Sitharaman said India will attract investments and have the purchasing power to demand the best of things from whoever produces it.

Nirmala Sithararam elucidated the intent of the country to be more inclusive in development and growth, Prahlad Singh said after his meeting with the Finance Minister in Boston.