Nirmala Sitharaman

Govt pursuing reforms to make India one of world’s top economies: FM

5:22 pm February 13, 2021

New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that the government, undeterred by the COVID-19 pandemic, has been pursuing reforms for achieving sustained long-term growth in a bid to make India one of the top economies of the world in the coming decades. Replying to debate on Budget 2021-22 in Lok Sabha, she said, the Prime Minister did not lose any […]

IMF welcomes India’s focus on growth in Union Budget

11:41 pm February 4, 2021

Washington : The IMF on Thursday welcomed India’s Union Budget for focussing on growth and said fiscal policy can and should play an important role in facilitating a strong and inclusive economic recovery. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), at a press conference here said the Union Budget rightly focuses on health, education, public infrastructure and, if […]

Budget’s transparency on numbers will enthuse rating agencies: SBI economists

9:25 pm February 4, 2021

New Delhi: Lauding the Budget for ”redefining fiscal rules”, economists at SBI said the greater transparency in numbers will enthuse the market and also rating agencies. In her Budget Speech earlier this week, Finance Minister Nirmala Sitharaman said the fiscal deficit for 2020-21 will come at 9.5 per cent and proposed the same to be narrowed down to 6.8 per cent […]

India fighting Covid with all its might: PM Modi

PM-CARES Fund to foot over 80% cost of 1st phase of Covid vaccination drive

7:57 pm February 2, 2021

New Delhi: The PM-CARES fund, which has been set up to provide relief during the coronavirus pandemic, has contributed over Rs 2,200 crore for the first phase of vaccination drive, which is looking to inoculate frontline healthcare workers, the Expenditure Secretary said on Tuesday. Set up in March 2020, the exact collections made by the fund through voluntary contribution […]

Outlay of Rs 4071 cr announced for Information and Broadcasting Ministry

10:21 pm February 1, 2021

New Delhi: Union Finance Minister Nirmala Sitharaman on Monday announced an outlay of Rs 4071.23 crore for the Ministry of Information and Broadcasting in the 2021-2022 fiscal, a decrease of Rs 303 crore from last year. The allocation to Prasar Bharati has been reduced to Rs 2640.11 crore from Rs 2889.36 crore allotted to it in the last fiscal. However, the […]