Nirmala Sitharaman
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PM Narendra Modi to chair VGIR 2020, Mukesh Ambani to attend
Apart from the aforementioned names, there will be six major Indian industrialists -- Mukesh Ambani (RIL), Deepak Parekh (HDFC), Dilip Shanghvi (Sun Pharma), Nadan Nilekani (Infosys), Ratan Tata (Tata Group) and Uday Kotak (Kotak Mahindra Bank) to share their experience and knowledge of the field.
Special Festival Advance Scheme restored by FM Nirmala Sitharaman as a one-time measure
Finance Minister Nirmala Sitharaman on Monday announced restoration of the special Festival Advance Scheme for central government employees as a one-time measure. Festival advance was done away with after the recommendation of the 7th pay commission.
GST council to take decision regarding funding compensation shortfall
Finance Ministe Nirmala Sitharaman said that the GST council are looking at ways to compensate states for the loss of revenue.
Govt will supply ₹ 20,000 crore in state-controlled banks seeking Parliament’s approval
The government sought parliament approval for a total additional spending of ₹ 1.67 lakh crore ($22.8 billion) for the current fiscal year.
FinMin denounces any claims that the Centre will back away from their claims of providing compensation for Revenue Shortfall due to GST implementation
The Finance Ministry has categorically stated that any shortfall in compensation will be compensated by the Centre, irrespective of whether it is being caused by GST implementation of the COVID-19 pandemic.
Finance Minister tells banks to put in a loan restructuring scheme by September 15
Finance Minister Nirmala Sitharaman told banks in a meeting on Thursday to put in place a loan restructuring scheme for rescuing all viable business units affected by the COVID-19 pandemic.
Amit Shah, Rajnath Singh and other political leaders mourn over the demise of former Indian President Pranab Mukherjee
Pranab Mukherjee, the former Indian President passes away at the age of 84. Amit Shah, Rajnath Singh and others express grief.
Finance Minister to hold a review meeting with top management of Banks
Finance Minister Nirmala Sitaraman will be holding a review meeting with top officials of banks and other financial institutions on September 3rd.
Relief worth Rs 3,090 crore to NBFC, HFC sanctioned by Finance Minister Nirmala Sitharaman
Scheme has received a very positive response. As on July 23, 2020, five proposals involving an amount of Rs 3,090 crores have already been sanctioned. Further, 35 more applications have been received seeking financing upto Rs 13,776 crores, which are under process.
PM Modi meets FM Nirmala Sitharaman on measures to boost economy
The focus is on reviewing the overall economic conditions and the measures which can be taken further to boost the economy.
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