Page 4 - Latest Updates on Nirmala Sitharaman
Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22
The meeting assumes significance as states finance ministers would present their recommendations for 2025-26 Budget to be unveiled on February 1, 2025
 "Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22")
AIIB should strive for more innovative financing models: FM Sitharaman
Sitharaman, who is also Governor on the AIIB Board, stated that the multilateral institution should broaden its investment in priority sectors of climate adaptation and resilience
Manickam Tagore writes to Sitharaman over LIC's policy restructuring
In the letter dated November 5, Tagore said that the changes in LIC policies are troubling
 "Manickam Tagore writes to Sitharaman over LIC's policy restructuring")
Govt to decide soon on Rs 100 crore credit guarantee scheme for MSMEs: FM
Highlighting the five announcements made in this budget for MSMEs she said, "the introduction of a special credit guarantee corpus to help MSMEs will be very helpful during the time of distress...."
 "Govt to decide soon on Rs 100 crore credit guarantee scheme for MSMEs: FM")
Patriarchy didn't stop Indira Gandhi from becoming PM: Nirmala Sitharaman
She met the students of CMS Business School here on Saturday and discussed various measures undertaken by the Centre to support innovation as well as the government schemes available for young people
Finance Minister Sitharaman reviews progress of Mysuru planetarium
The COSMOS high-tech 15-metre LED dome planetarium, with an 8K resolution, will be the first 'Tilted LED dome' Planetarium in the world, the finance ministry said in a post on X
 "Finance Minister Sitharaman reviews progress of Mysuru planetarium")
Finance ministry asks PSU banks to meet loan targets for agri-allied sector
The secretary urged PSBs to take all necessary steps to ensure that respective targets are met during the current financial year and stressed the state governments to facilitate banks in improving the
 "Finance ministry asks PSU banks to meet loan targets for agri-allied sector")
Income tax dept receives 6,500 suggestions on review of income tax act
Public inputs and suggestions were invited in four categories simplification of language, litigation reduction, compliance reduction, and redundant/obsolete provisions
 "Income tax dept receives 6,500 suggestions on review of income tax act")
Economist Bibek Debroy passes away, leaders reflect on his life and legacy
Condolences and tributes poured in from across India for renowned economist Bibek Debroy, including heartfelt messages from PM Modi, President Droupadi Murmu, and other leaders
 "Economist Bibek Debroy passes away, leaders reflect on his life and legacy")
Kerala CM Vijayan urges Centre to release grant for Vizhinjam seaport
He further said that the VGF was a financial support mechanism that was introduced to encourage Public-Private Partnerships (PPPs) in infrastructure projects
 "Kerala CM Vijayan urges Centre to release grant for Vizhinjam seaport")
Proficient in ancient texts, economist Debroy had so much more to do: FM
Debroy (69), who was the chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), died on Friday morning
 "Proficient in ancient texts, economist Debroy had so much more to do: FM")
FM Sitharaman urges G7, G20 members to boost support for African nations
Finance Minister Sitharaman participated in the G7 African Ministerial Roundtable on Saturday (local time), the Ministry of Finance stated
 "FM Sitharaman urges G7, G20 members to boost support for African nations")
Need fair sovereign ratings for capital access: Sitharaman at IMF meeting
Finance Minister Nirmala Sitharaman urged greater engagement with credit rating agencies to improve rating methodologies
New updates: IT ministry issues advisory to social media companies regarding misinformation
Stay with us for all the news updates from across the globe
 "New updates: IT ministry issues advisory to social media companies regarding misinformation")
Soft landing of global economy increasingly a possibility: Sitharaman
Responding to a question, Sitharaman said India is trying to grow at the fastest possible rate
Jobs most pressing global issue amid tech changes, says FM Sitharaman
Countries and institutions need to analyse trends in jobs creation and skills, she says
More jobs, investment: Space industry welcomes Rs 1K crore VC fund
Industry welcomes move to expand the space economy to $44 billion by 2033
 "More jobs, investment: Space industry welcomes Rs 1K crore VC fund")
India wants to enhance its influence over other countries: FM Sitharaman
While participating in discussion on 'Bretton Woods Institutions at 80: Priorities for Next Decade', FM stated that no country, whether US which is far or China which is very close cannot ignore India
IMF should introspect, ensure they don't have mission drift: Sitharaman
'Expectations pinned on multilateral institutions are being frittered away because no solutions are coming out of them'
 "IMF should introspect, ensure they don't have mission drift: Sitharaman")
Can't accept FDI blindly, need safeguards, says FM Nirmala Sitharaman
Sitharaman said that to achieve the rate of growth India is aiming for, the country may need $100 billion to meet investment requirements, whereas the current figure stands between $70-80 billion
 "Can't accept FDI blindly, need safeguards, says FM Nirmala Sitharaman")
