Tag: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman discussed opportunities in India for growth and investment on the back of the reform measures taken by government, during a global investors roundtable organised by the US-India Strategic Partnership Forum (USISPF).

New Delhi: Hit hard by the 5-year low GDP growth and a 45-year high unemployment rate of 6.1 per cent, the newly formed Modi government swung into action and on Wednesday, as it formed two new cabinet committees to check the declining trend in growth and employment and spur demand as well as consumption. A […]

An increase in the minimum pay against the recommendation of the 7th Pay Commission has been one of the demands of the Central government employees since long. While the CG employees continue to wait for the hike, government employees of Andhra Pradesh have got something to cheer about. Chief Minister Y.S. Jagan Mohan Reddy on […]

New Delhi: As the new Finance Minister Nirmala Sitharaman presents the Union Budget for the fiscal 2019-20 on July 5, the real estate players want the Budget document to feature steps to improve the liquidity situation with a proposal to re-introduce Input Tax Credit (ITC) for under-construction properties. In their pre-Budget memorandum, the real estate […]

New Delhi: Union Finance Minister Nirmala Sitharaman today chaired the Pre-Budget Consultation Meeting in New Delhi attended by the Finance Ministers of States and Union Territories and the senior officials of the Ministry of Finance and State governments among others. In her opening remarks at the Pre-Budget Consultation Meeting, the Finance Minister said, “Unprecedented level […]

Will there be a big hike announcement for the Central government employees in the Budget? After much hue and cry over the hike in the minimum pay of the CG employees beyond the recommendation of the 7th Pay Commission, expectations are high from Modi 2.0. The first Budget of Modi 2.0 is scheduled to be […]

New Delhi: The Forum for People’s Collective Efforts (FPCE) has asked Finance Minister Nirmala Sitharaman to create a stress fund of at least Rs 10,000 crore to complete stalled real estate projects within a period of five years. In a letter to the minister with Budget recommendations, the home buyers’ association noted that despite the […]

New Delhi: The Economic Survey 2018-19 said that India’s inflation scenario transitioned from its high and volatile levels to a low and stable condition in the last five years. “The economy witnessed a gradual transition from a period of high and variable inflation to more stable and low level of inflation in the last five […]

Bhubaneswar/ New Delhi: Nirmala Sitharaman,  India’s first full-time woman Finance Minister, presented the first budget of the second term of the Narendra Modi government in the Lok Sabha today. At a high-level meeting, the Union Cabinet approved the Budget 2019 which is being presented by Sithararam. Deductions in loans for affordable housing. Rs 1.5 lakh […]

New Delhi: Over Rs 235 crore has been allocated to the Personnel Ministry in the Union Budget for domestic and foreign training of bureaucrats and augmenting necessary infrastructure during the ongoing fiscal. The Budget was presented by Finance Minister Nirmala Sitharaman on Friday. Of the total allocation of Rs 235.91 crore for 2019-20, which is […]

In her maiden Budget on Friday, Finance Minister Nirmala Sitharaman was seen stressing more on tackling the loopholes in the economy through incremental steps rather than just opting for the announcement route, but the announcement didn’t bring any cheer for the lakhs of Central government employees who were expecting hike in minimum pay beyond the […]

New Delhi: In what suggests change in power equation in the Modi 2.0 government, Road Transport and Highways Minister Nitin Gadkari would not be part of the reconstituted ministerial panel on Air India which will decide the national carrier’s privatization. Home Minister Amit Shah will head the panel with Finance Minister Nirmala Sitharaman, Commerce and […]

New Delhi: A Bill to tackle menace of illicit deposits and another that provides a mechanism for social, economic and educational empowerment of transgenders were introduced in Lok Sabha on Friday. The Banning of Unregulated Deposit Schemes Bill, 2019 was introduced by Finance Minister Nirmala Sitharaman. The Bill will replace the Banning of Unregulated Deposit […]

Amid all the confusion and expectations for a further hike in the minimum pay of the Central government employees, against what they are getting under the recommendations of the 7th Pay Commission, here comes a good news for them. According to reports, the Modi government has accepted the recommendations of the 7th Pay Commission on […]

The Central government employees, who have been demanding a further hike in the minimum pay in the basic pay against the 7th Pay Commission recommendation, seems to have some good news in the offing for this month, August. The Central government employees are now waiting for the hike in Dearness Allowances (DA). The CG employees […]