This was the fourth such review meeting held by the finance minister with various ministries and departments and second in a series of meetings scheduled for the infrastructure road map after the presentation of the Budget fo
In the letter to Union finance minister Nirmala Sitharaman, India SME Forum suggested allowing of Input Tax Credit to be converted into tradable instruments to unlock capital; and refund of inverted duty structure to be exten
Many real estate projects across the country were stalled due to fund crunch. To address this issue, the government, in November 2019, announced a Rs 25,000 crore-SWAMIH fund to help complete over 1,500 stalled housing projec
Addressing the 54th annual meeting of the board of governors of the ADB, Finance Minister Nirmala Sitharaman also underlined the need for a "coordinated and inclusive" global strategy to avoid the long-term debilitating impac
Finance Minister Nirmala Sitharaman in the Budget 2021-22 had announced a sharp increase in capital expenditure and provided Rs 5.54 lakh crore, which is 34.5 per cent more than the Budget Estimate (BE) of 2020-21.
The government expects the DFI to raise as much as Rs 3 lakh crore over the next few years, leveraging the proposed initial capital of Rs 20,000 crore, finance minister Nirmala Sitharaman said after the Cabinet meeting.
Separately, responding to a question in the Lok Sabha, the minister said the government has no plan yet to launch diaspora bonds, scotching speculations in some quarters that such securities could be introduced as a special w
The Budget announcement had come after Punjab and Maharashtra Co-operative Bank faced a grave fraud, with customers demanding their entire money back. Subsequently, Yes Bank, too, faced a crisis and restrictions were imposed
Strategic disinvestment of Government of India's equity will lead to infusion of capital for optimum utilisation, expansion of capacity, infusion of technology and better management practices, Finance Minister Nirmala Sithara