Page 25 - Anurag Thakur

Fiscal deficit may slip to 3.5-3.8% in FY20; govt set to miss 3.3% target

The FRBM Act, after its amendment in 2018, allows a fiscal deficit slippage of not more than 0.5% for any given year, provided there are justifications

Central GST collection falls short of budget estimate by 40% during Apr-Nov

The minister said that as many as 999 cases were registered till October in the current fiscal for GST evasion and Rs 8,134.39 crore has been recovered.

CGST collection missed budget estimate by 40% in April-Nov: Anurag Thakur

The actual CGST collection during April-November stood at Rs 3,28,365 crore while the budgeted estimate is of Rs 5,26,000 crore for these months

51 absconders have defrauded country of Rs 17,900 cr, CBI probing: Govt

The information was provided by Minister of State for Finance Anurag Singh Thakur in a written reply to a question on "fugitive economic offenders" in the Rajya Sabha

13 convicted for money-laundering till now since 2005: Anurag Thakur in LS

The minister also informed the House that a total of 757 criminal cases were registered by the ED in the last five years (from 2015 to October 31 this year) under the PMLA

Govt raised Rs 2.79 trn through PSU divestment in last 5 yrs: Anurag Thakur

For the current year, the target is to raise Rs 1.05 lakh crore

Gross NPAs of SCBs decline by 98,000 cr to Rs 9.38 trn by June: Govt

Gross NPAs of SCBs, which stood at Rs 10,36,187 crore on March 31, 2018, declined by Rs 97, 996 crore to Rs 9,38,191 crore as on June 30, 2019

PSBs report Rs 95,700-crore frauds: Are banking frauds on the rise?

State Bank of India reported fraud of ₹25,400 crore followed by Punjab National Bank of ₹10,800 crore and Bank of Baroda of ₹8,300 crore

PSBs have reported Rs 95,700-crore frauds in first 6 months of FY20: FM

FM Sitharaman says 5,743 incidents in govt banks from April to September this year

Not facing 5% slowdown, India remains fastest-growing economy: Govt

Minister of State for Finance Anurag Thakur said a number of steps were being taken to strengthen the economy

India not facing 5% slowdown, we are the fastest growing economy: Govt

The Union minister of state for finance said India continues to the fastest growing economy in the world even though many countries in the world are facing economic slowdown.

MoS Finance asks banks to ensure credit flow to MSMEs amid fund crunch

Speaking on the occasion, Union Bank managing director Rajkiran Rai G said, through the hundred years journey, the bank has been serving national priorities.

Enquiry against Anurag Thakur for amassing excess assets finally closes

The enquiry was instituted by the Virbhadra Singh-led Congress govt not just against Thakur but also his father, former chief minister PK Dhumal

Backdoor politics: Chautala-Thakur bonhomie spared BJP's blushes in Haryana

Chautala visited Thakur's residence on the evening of vote counting on Thursday to wish him on his birthday

Regulator, auditor should be held responsible for frauds in banks: Thakur

The regulator, auditor and management should be held responsible for fraud in Punjab and Maharashtra Co-operative Bank or other banks, Minister of State for Finance Anurag Thakur said on Thursday. Thakur said that in case of PMC Bank, the Reserve Bank of India has allowed withdrawal of Rs 40,000, which covers around 77 per cent of the affected people and they have been assured of up to Rs 1 lakh. "As far as the PMC Bank or any other bank is concerned, it is the job of the regulators first to look into those issues. It is the auditor, who should be held responsible. It is the management of the bank who are dealing on a day to day basis and if any one is involved in fraud, ED has taken action. People have been arrested. Their properties have been attached," Thakur said at Times Network India Economic Conclave event. He was responding to queries on crisis at PMC Bank and depositors under stress. Thakur said the BJP government has brought in reforms to make balance sheet of banks healt

Anurag Thakur announces sports academy for Leh, joins cleanliness drive

Thakur, a former BCCI president, said he had always made efforts to allow sportspersons have a platform to develop themselves

Govt forms IT Standing Committee, names Shashi Tharoor as chairperson

The panel will likely play an important role as the Personal Data Protection Bill gets tabled in Parliament

Govt to banks: Don't use NCLT on daily basis to resolve stressed assets

Anurag Thakur, Minister of State for Finance and Corporate Affairs, assured bankers to take decision to lend to the industry without any fear of 'witch-hunting' in future by any investigative agencies

Auto firms must take up GST rate cut demand with state FMs: Anurag Thakur

Minister of State for finance, Anurag Thakur said the government has already come out with slew of measures to address challenges faced by the auto industry

India has potential to become price setter in commodity mkt: Minister

The minister further said that the vibrancy of the commodity market has to be ensured to support job creation and that includes a robust infrastructure