Happy at RBI's decision to bring start-ups under priority sector: FM

Sitharaman says govt will soon be coming with taxpayers charter of rights which was announced in the Budget

Finance minister Nirmala Sitharaman on Friday lauded the RBI’s move to include start-ups in the priority sector lending group. “I am really happy that the RBI yesterday (Thursday) very clearly said that they would place the start-ups also under priorities on lending benefits,” she said while inaugurating the Nani Palkhivala celebrations at Sastra University through videoconferencing.

Highlighting her ministry's move to simplify the tax process, Sitharaman said the government will introduce a taxpayer’s charter of rights, which was announced in the Budget.  It will clearly state the obligation of taxpayers towards the nation as much as clearly pronouncing their rights. She