Tag: Arun Jaitley

Bhopal: Finance Minister Arun Jaitley on Saturday flayed the Andhra Pradesh and West Bengal governments for withdrawing “general consent” to the CBI for raids and investigations in their states saying scams cannot be wiped off by such a decision. “We have a federal structure and under it the CBI was created initially for employees of […]

New Delhi: Rejecting the criticism that the government was curtailing free speech, Finance Minister Arun Jaitley on Friday said that it was not possible to impose Emergency-like restrictions on press freedom thanks to modern technology that provides multiple platforms to citizens to express their views. Speaking at an event on the occasion of the National […]

Mumbai: Finance Minister Arun Jaitley on Sunday said that the banking system needed to be strengthened to meet the market’s liquidity requirements and drive economic growth. Jaitley was speaking via video-conference at an event here to mark the 100th anniversary of the Union Bank of India. According to the Minister, it is importanat that the […]

New Delhi: Revenue collections under the Goods and Services Tax (GST) crossed the Rs 1 lakh crore mark in October, Finance Minister Arun Jaitley said on Thursday. This was a marked improvement over the September GST collection (for August) which stood at Rs 94,442 crore. Jaitley attributed the rise in the tax mop-up to lower tax […]

New Delhi: Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying the Reserve Bank looked the other way when banks lent indiscriminately during 2008-14 to keep the economy humming. Jaitley’s comments reflect a growing tension between the RBI and the government, days after the central bank […]

New Delhi: Asserting the importance of banking as Indian economy gets more formalised, Finance Minister Arun Jaitley on Saturday said the regulator and the government need to be on their toes for quick action without exaggerating the emerging challenges. “When challenges come, we have a tendency to exaggerate them at times but then the banks, […]

New Delhi: Government on Wednesday rejected as “rubbish” opposition allegations that CBI Director Alok Verma was removed because he was going to order a probe into the charges in the Rafale deal ” and said the step was taken on the recommendation of the CVC to maintain the institutional integrity of the probe agency. Answering […]

New Delhi: Attacking the opposition parties over their stance on the high oil prices, Finance Minister Arun Jaitley on Saturday accused Congress President Rahul Gandhi and his “reluctant allies” of only committing to tweets and media statements on the issue while looking the other way when it came to giving relief to people. Accusing the […]

New Delhi: Union Minister Arun Jaitley on Saturday expressed his disagreement with the Supreme Court’s observation that sexuality is part of free speech and said that judgements on the Sabarimala temple, homosexuality and adultery may have an adverse impact on the society. “If you want to take a progressive step, then Article 14 and 21 […]

New Delhi: Expressing satisfaction with GST collection trends, the government on Friday said the states were on the path of meeting their revenue targets by themselves, thereby not needing compensation from the Centre after the five-year period of its implementation. After a GST Council meeting here, Finance Minister Arun Jaitley said the emerging trend in […]

New Delhi: Finance Minister Arun Jaitley on Friday parried questions on whether the government was considering a cut in taxes on imported crude to bring down the prices of petrol and diesel. “It was not in the agenda,” he said at a media briefing to a question on whether the government was considering any relief […]

New Delhi: The slugfest over the Rafale deal continued on Sunday with Union Finance Minister Arun Jaitley citing conflicting media reports on Francois Hollande’s claims regarding a private firm becoming an as offset partner in the jet deal at the instance of Modi government and asserting that there was “no partnership as suggested by the […]

Mumbai: The Reserve Bank of India (RBI) on Wednesday liberalised some aspects of the external commercial borrowings (ECBs) policy including those related to rupee-denominated bonds to help check rupee depreciation. “It has been decided to allow eligible ECB borrowers who are into manufacturing sector to raise ECB up to $50 million or its equivalent with […]

New Delhi: Upping the ante against the Narendra Modi government for its “collaboration” in letting Vijay Mallya flee the country, the Congress on Tuesday demanded a probe into why the Prime Minister’s Office (PMO) and Finance Minister Arun Jaitley did not act against the liquor baron. “Complicity, collusion, connivance and collaboration of the Modi government […]

New Delhi: Finance Minister Arun Jaitley on Saturday said Swachh Bharat Abhiyan (SBM) has become a “people’s movement” with a large participation of women, noting that the decision to hike compensation will benefit around 25 lakh Anganwadi workers and their families. The Minister said SBM has witnessed a “phenomenal increase” in rural sanitation from 39 […]