Tag: Nirmala Sitharaman

Pandemic has brought into focus the necessity of low-cost urban transport system

In her budget speech, Finance Minister Nirmala Sitharaman made a passing reference to two mass transport systems — MetroLite and MetroNeo. The FM said these...

India’s quick response to COVID, vaccination drive resulting in ‘V-shape-recovery’: FM Sitharaman

India’s quick response in limiting the impact of the COVID-19 pandemic and undertaking massive vaccination drives are resulting in a “V-shaped recovery”, said Union Finance...

India’s import of arms decreases by 33 per cent, says SIPRI

India’s import of arms decreased by 33 per cent between 2011-15 and 2016-20 and Russia was the most affected supplier, according to a report released...

5 new income tax rules that will come into effect from 1 April

Union Finance Minister Nirmala Sitharaman presenting Union Budget 2021 had announced a slew of changes in the income tax rules. These changes are set to...

CEA Krishnamurthy Subramanian explains the economic rationale behind Modi govt’s policy response to Covid

How did India handle the previous two economic crises — the Asian and the global financial crises? What can we learn from them to understand...

Modi govt has been quietly following the idea of Aatmanirbharta for the past seven years

During the peak Covid period in May last year, Swedish automotive safety equipment supplier, Autoliv, was scouting for a land parcel of 50-60 acres to...

Explore PPP for viable projects in National Infrastructure Pipeline, says FM Sitharaman

Finance minister Nirmala Sitharaman said that there is a need to explore public private participation (PPP) mode for viable projects and use government funding for...

PM Modi sets target of Rs 2.5 lakh crore from asset monetisation | India News

NEW DELHI: Prime Minister Narendra Modi said on Wednesday that the planned privatisation of state-run enterprises will help free up resources for spending on welfare,...

Australia to lead cross-govt liasoning for Gagnayaan tracking terminal | India News

BENGLAURU: India’s first human spaceflight mission (Gaganyaan), which has already seen multiple countries providing assistance — Russia and France primarily — will also see Australia...

View: Why India cannot apply rich countries’ current orthodoxy of running on debt

How things change! In just one decade, fiscal austerity has gone from being a virtue to a vice. The IMF, which used to hold fiscal...

View: Budget 2021 is a shot in the arm for India’s war on air pollution

Just like the vaccine shots for Covid-19, Budget 2021 has come as a shot in the arm for India’s war on air pollution. The allocation...

You spend on infra and you create a capital asset, jobs, demand: Nirmala Sitharaman

Your budget has been described as one of the great recent budgets. Were you expecting such a reaction? Our priority was only to make sure...

Disinvestment push: To privatise, shield bureaucrats

On Wednesday, Prime Minister Narendra Modi made a spirited push in Parliament for ‘a bigger role for the private sector in the economy’. But when...

budget 2021: Opposition slams government in Lok Sabha for ignoring ‘aam admi’ in budget

NEW DELHI: The Opposition slammed the government in the Lok Sabha on Wednesday for ignoring the “aam admi” and showing insensitivity towards agitating farmers in...

Govt has decided India’s past Covid crisis by reducing fiscal support in Budget: Yamini Aiyer

The government seems to have decided that India is beyond the Covid-19 crisis, evident from the planned reduction in expenditure on the rural employment guarantee...

bank privatisation: Govt to work with RBI for execution of bank privatisation plan: Sitharaman

Mumbai: Finance Minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank for execution of the bank privatisation plan announced in...

The big Budget push to ramp up domestic manufacturing and improve export competitiveness

The Economic Survey 2020-21 and the Union Budget 2021-22 are remarkably different from previous ones. While the survey provides the analytical backstop for the government’s...

View: Nirmala Sitharaman has reset the budget lexicon and inked her legacy

Ahead of the presentation of the Union budget, Finance Minister Nirmala Sitharaman threw down the gauntlet as it were. The FM audaciously claimed her next...

labour: Budget 2021: FM races to fix flaws in labour model

Thanks to the pandemic, the Union Budget 2021-22 not only recognized the vulnerabilities typical of the country’s migrant, gig and platform workers—but has also offered...

budget: Increased capex in Budget an ‘optical illusion’: Former finance secretary Garg

New Delhi: Increase in the capital expenditure provisions for 2020-21 in the Budget is an “optical illusion” and that for the next fiscal is “excessively...

Confident that disinvestment calendar will work well, non-tax revenues to improve in FY22: FM

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday exuded confidence that the disinvestment calendar announced in the Union Budget will “work well”. Addressing members of...

Govt sticks to $5 trillion economy target; emphasis on infra aimed at achieving goal: DEA Secretary

The government is sticking to the target of becoming a USD 5 trillion economy by 2024-25 and emphasis on infrastructure sector and other initiatives taken...

BJP’s Assam strategy: Disregard Miya Muslims, re-doing NRC lists and rally in key areas

GUWAHATI: As Assam gears up for the assembly polls, the ruling BJP is harping on a three-pronged strategy to retain its Eastern bastion –– creating...

View: Budget puts plan afoot, but can India deliver? Gopichand P Hinduja weighs in

The intent of the Narendra Modi government is loud and clear. It has not shied away from spending in the Covid-wracked period when it has...

assam: Assam assembly elections: Identity politics picks up force ahead of BJP bigwigs’ visit

Guwahati: As Assam gears up for the assembly polls, the ruling BJP is harping on a three-pronged strategy to retain its Eastern bastion –– creating...