Nirmala Sitharaman: News

01 Feb 2021

Union Budget

Nirmala Sitharaman to present 'Budget like never before' shortly

At 11 am, Finance Minister Nirmala Sitharaman will present her third Union Budget. With the minister earlier declaring that this Budget "will be like never before," the expectations of a coronavirus-battered nation are already high.

29 Jan 2021

India

Sitharaman tables Economic Survey; FY22 GDP growth pegged at 11%

Union Finance Minister Nirmala Sitharaman on Friday tabled the Economic Survey 2021 in the Parliament.

14 Jan 2021

India

Union Budget 2021 on February 1: Here are key expectations

As India hopes to recover from the COVID-19-induced economic crisis, all eyes are now on the Union Budget for the upcoming financial year.

11 Jan 2021

Union Budget

COVID-19: Budget documents will not be printed this year

For the first time since 1947, the Union Budget documents will not be printed this year owing to the COVID-19 pandemic.

'Atmanirbhar' stimulus: Employment, income-tax relief for home-buyers, boost for vaccine

Union Finance Minister Nirmala Sitharaman on Thursday announced a fresh economic stimulus to spur economic growth and boost demand.

Nirmala Sitharaman wanted me out of FinMin, says Ex-Finance Secretary

Former Finance Secretary Subhash Chandra Garg on Saturday blamed Finance Minister Nirmala Sitharaman for his sudden transfer from the Ministry.

22 Oct 2020

Bihar

BJP's big Bihar promises: Free coronavirus vaccine; 19 lakh jobs

Bharatiya Janata Party (BJP) on Thursday released manifesto for poll-bound Bihar. Among the big promises were free coronavirus vaccine for all and an assurance of 19 lakh jobs to seekers.

12 Oct 2020

GST

Centre announces travel payout, festival advance for government employees

To aid the economy, bruised by the coronavirus pandemic, the Centre on Monday announced a few measures for government employees.

24 Aug 2020

Chess

FIDE Online Chess Olympiad: R Praggnanandhaa shines for India

15-year-old Indian chess sensation R Praggnanandhaa starred for the nation in the ongoing FIDE Online Chess Olympiad.

13 Aug 2020

Narendra Modi

PM Modi launches Transparent Taxation platform for honest taxpayers

In a move aimed at helping honest taxpayers, Prime Minister Narendra Modi on Thursday launched the "Transparent Taxation - Honoring The Honest" platform.

24 Jun 2020

Prakash Javadekar

Union government decides to bring cooperative banks under RBI's supervision

In a move meant to boost depositors' confidence, the Union government has decided to bring all cooperative banks under the supervision of Reserve Bank of India (RBI), Union Minister Prakash Javadekar announced in a virtual press conference on Wednesday, after a Cabinet meeting.

20 Jun 2020

Narendra Modi

Modi launches Rs. 50,000 crore employment scheme for migrant workers

Prime Minister Narendra Modi on Saturday launched a scheme to create employment for migrant workers who returned home during the coronavirus lockdown.

18 Jun 2020

Madhya Pradesh

Sitharaman unveils details of PM Garib Kalyan Rojgar Abhiyaan

Union Finance Minister Nirmala Sitharaman on Thursday addressed a curtain-raiser press conference to provide details on the PM Garib Kalyan Rojgar Abhiyaan.

17 May 2020

Ministry of Finance

Sitharaman fifth tranche announcements: All sectors open to private firms

Union Finance Minister Nirmala Sitharaman on Sunday announced the fifth and last tranche of the Rs. 20 lakh crore economic package announced by the government to revive the economy amid the coronavirus outbreak.

16 May 2020

Space News

Private firms allowed to access ISRO facilities, explore space travel

Finance Minister Nirmala Sitharaman on Saturday announced that the government will boost private participation in the space sector.

16 May 2020

Narendra Modi

Structural reforms in 8 sectors; coal won't be government monopoly

Union Finance Minister Nirmala Sitharaman addressed the media on Saturday for the fourth consecutive day to detail the government's economic package to revive the economy.

15 May 2020

Anurag Thakur

Day 3: Nirmala Sitharaman announces stimulus for agriculture, allied activities

On the third day of addressing the press on the Rs. 20 lakh crore package announced by Prime Minister Narendra Modi on Tuesday, Union Finance Minister Nirmala Sitharaman today focused on agriculture and allied activities.

No action against employers for not paying wages: Supreme Court

Giving a big relief to cash-strapped factory owners, the Supreme Court on Friday junked a circular from Ministry of Home Affairs, which pressurized them to pay full wages to workers, even during the lockdown.

14 May 2020

Narendra Modi

Why Sitharaman's stimulus package has left stock market unimpressed

Domestic stocks plunged on Thursday as the government's stimulus package to revive the economy left investors unimpressed.

14 May 2020

Narendra Modi

Migrant workers to get free-food for next two months: Sitharaman

Addressing media for the second straight day on the economic package announced by Prime Minister Narendra Modi on Tuesday, Finance Minister Nirmala Sitharaman said today's announcement revolves around migrant workers, small farmers, street vendors, etc.

13 May 2020

EPFO

With reduced EPF contribution, your take-home salary will now increase

Union Finance Minister Nirmala Sitharaman on Wednesday presented the details of the Rs. 20 lakh crore stimulus package to help revive the economy.

13 May 2020

Narendra Modi

MSMEs to get Rs. 3 lakh crore collateral-free loan: Sitharaman

Union Finance Minister Nirmala Sitharaman addressed the media on Wednesday, a day after Prime Minister Narendra Modi announced Rs. 20 lakh crore package to help the economy, which is suffering due to coronavirus.

13 May 2020

Narendra Modi

Sitharaman will reveal fine print of economic package at 4pm

Union Finance Minister Nirmala Sitharaman will unveil details of the bumper economic package, announced by Prime Minister Narendra Modi yesterday, at 4 pm today.

17 Apr 2020

Narendra Modi

Coronavirus: Stimulus 2.0 in mind, Modi and Sitharaman hold talks

With economic activity coming to a standstill for almost a month due to the coronavirus pandemic, Finance Minister Nirmala Sitharaman on Thursday met Prime Minister Narendra Modi to discuss a package that could keep the wheels churning.

09 Apr 2020

Indian Economy

Government planning another package to revive growth of coronavirus-stung economy

The government plans to set up a fund with a corpus of Rs. 50,000-75,000 crore to revive industries, that have been battered due to the coronavirus pandemic.

26 Mar 2020

Narendra Modi

Nirmala Sitharaman announces Rs. 1.7 lakh crore package for poor

Union Finance Minister Nirmala Sitharaman addressed media on Thursday amid the coronavirus crisis and the lockdown that has been imposed in India for three weeks, starting Wednesday.

24 Mar 2020

India

#Coronavirus: India put under complete lockdown for 21-days, declares Modi

The entire country will go under complete lockdown starting midnight for 21 days, Prime Minister Narendra Modi announced on Tuesday.

24 Mar 2020

India

Coronavirus crisis: Government waives ATM withdrawal, bank balance non-maintenance charges

In the wake of increasing COVID-19 cases across the country, the government has waived charges on withdrawals from other bank ATMs and the penalty on failing to maintain minimum bank balance for a period of three months.

24 Mar 2020

India

Coronavirus crisis: I-TR filing deadline extended to June 30

In the wake of coronavirus pandemic wreaking havoc on the Indian economy, Union Finance Minister Nirmala Sitharaman announced that an economic package will be rolled out soon.

14 Mar 2020

Infosys

Mobile phones to get more expensive; GST council raises tax

Mobile phones are expected to become more expensive as the government has raised the rate of Goods and Services Tax (GST) on them from 12% to 18%.

Yes Bank founder Rana Kapoor's home raided by Enforcement Directorate

The Enforcement Directorate on Friday raided the home of Yes Bank founder Rana Kapoor in Mumbai.

Amid Yes Bank crisis, Sitharaman assures depositors' money safe

Finance Minister Nirmala Sitharaman on Friday gave assurance to the depositors of cash-starved Yes Bank.

09 Feb 2020

Nitin Gadkari

Vehicle scrappage policy in last lap for Cabinet nod

Months after it was first proposed, the much-delayed vehicle scrappage policy is finally in its last lap of clearance.

01 Feb 2020

Union Budget

Old vs new tax regime: Which one is better?

Finance Minister Nirmala Sitharaman on Friday presented the Union Budget for the fiscal year 2020-21.

5 big takeaways of Nirmala Sitharaman's budget you should know

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

Budget 2020: Government to sell LIC holdings through IPO

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

01 Feb 2020

Union Budget

Union Budget 2020: New I-T Regime lowers tax, removes exemptions

In a major development, Finance Minister Nirmala Sitharaman introduced a new simplified tax regime, which is available for those willing to opt out of exemptions and deductions.

01 Feb 2020

Parliament

Union Budget 2020: Marriageable age for women to be revisited

In what shows the government's intent towards improving the lives of women, Finance Minister Nirmala Sitharaman said the government wants to revise the marriageable age of women, which is set at 18 currently.

Budget 2020: Nirmala Sitharaman announces 100 new airports by 2024

Presenting her second budget in the Lok Sabha today, Finance Minister Nirmala Sitharaman spoke about roads, air, and rail transport. She assured that 100 new airports will be developed by 2024.

01 Feb 2020

Narendra Modi

Budget 2020: Nirmala Sitharaman reveals three themes of Budget

As she rose to present her second Union Budget today, Finance Minister Nirmala Sitharaman said the budget for the financial year of 2020-21 revolves around three themes: Aspirational India, Economic development for All, and building a Caring society.