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Tag: Finance Minister

  • Nothing Stops Private Sector From Coming And Doing Business In India: Nirmala Sitharaman | Economy News

    Washington, DC: Union Finance Minister Nirmala Sitharaman emphasized that nothing prevents the private sector from conducting business in India, highlighting that numerous non-Indian private insurance companies are already operating in the country.

    During a fireside chat with CSIS President and CEO John J. Hamre on ‘India’s Economic Aspirations’—addressing governance reforms in multilateral development banks, global disruptions shaping policy choices, climate policy, financial services, and the Indian economy—Sitharaman recalled that the Indian government explicitly outlined in its 2021 budget four areas where the government will maintain a presence. However, it did not designate any sector where the private sector is restricted.

    Watch Live: Smt @nsitharaman in conversation with Dr. John J Hamre, CEO & President – Center for Strategic & International Studies (@CSIS) in Washington DC, USA.@PIB_India @FinMinIndia @IndianEmbassyUS https://t.co/kvGvP7c93o
    — Nirmala Sitharaman Office (@nsitharamanoffc) October 25, 2024

    When asked about prospects for private sector engagement, particularly in banking and insurance, Sitharaman responded, “Nothing stops them from coming and doing business. There are actually many private banks already in India, as well as private insurance companies, some of which are foreign-owned.”

    She added, “Private banks, including Standard Chartered—one of the largest—operate over 100 branches in India. So, there’s nothing to hinder them, and it’s not ambiguous. This is supported by policy, clearly outlined in the 2021 budget under Prime Minister Modi, where it was stated that the government would only be present in four sectors. The private sector is welcome in all others.”

    Sitharaman highlighted that India has indeed opened up all sectors, even sensitive ones like defense and space. “I am proud to say that India has long been entrepreneurial, with small, medium, and large enterprises, even during British colonial rule. But under socialism, restrictive policies like the ‘license-quota raj’ hindered business growth,” she noted. “Even during British rule, large Indian corporations managed to survive and thrive.”

    Reflecting on socialist policies, she remarked, “India has always been entrepreneurial, with diverse businesses. However, socialism imposed excessive control, limiting production and business growth. Prime Minister Modi’s government, on the other hand, removed red tape and rolled out the red carpet for businesses, replacing bureaucratic barriers with a business-friendly environment.”

    Sitharaman also stated that corruption has not been an issue in government since the Modi-led administration took office in 2014. “The previous ‘permit raj’ stifled business expansion, as profit-making corporations were viewed unfavorably. It wasn’t until Prime Minister Modi’s tenure that India started inviting both domestic and international businesses with a welcoming, pro-business stance,” she said. “The 2021 budget marked a turning point, allowing the term ‘privatization’ to be used without hesitation and emphasizing the role of private sector investment.”

    Criticizing prior governments’ policies, she commented that socialism, while intended to help the poor, often hindered business growth, benefiting only a few rent-seekers. “The 2021 budget boldly opened sectors for privatization, affirming the government’s role only in strategic areas, such as providing telecom services in border regions where private companies may not go.”

    In September, the Ministry of Finance introduced new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify regulations on foreign investments. This initiative, aimed at facilitating ease of doing business, will replace the Foreign Exchange (Compounding Proceedings) Rules 2000. According to the ministry, the changes simplify the application processing for foreign exchange-related matters, furthering India’s commitment to a business-friendly regulatory environment.

  • FM Sitharaman Meets Bhutanese Counterpart, Reaffirms Development Support And FinTech Ties | Economy News

    New Delhi: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman held a meeting with Lyonpo Lekey Dorji, Finance Minister of Bhutan, in New Delhi on Saturday.

    Ministry of Finance posted on X, “Union Minister for Finance and Corporate Affairs Smt. @nsitharaman met H.E. Mr. Lyonpo Lekey Dorji, Finance Minister of Bhutan, in New Delhi, today. FM Smt. @nsitharaman conveyed warm greetings to His Majesty, the King of Bhutan, the members of the Royal Family and to the people of Bhutan. Acknowledging the gracious invitation to him for attending the #KautilyaEconomicConclave and for extending warm hospitality to the Bhutanese delegation, H.E. Mr. Mr. Lyonpo Lekey Dorji thanked FM Smt. @nsitharaman for Government of India’s #developmentsupport for Bhutan’s #13thFiveYearPlan period and assistance in terms of Currency Swap and Standby Credit Facility….”

    Union Minister for Finance and Corporate Affairs Smt. @nsitharaman met H.E. Mr. Lyonpo Lekey Dorji, Finance Minister of Bhutan, in New Delhi, today.

    FM Smt. @nsitharaman conveyed warm greetings to His Majesty, the King of Bhutan, the members of the Royal Family and to the people… pic.twitter.com/VUmprimOQY
    — Ministry of Finance (@FinMinIndia) October 5, 2024

    During the meeting, Sitharaman conveyed warm greetings to His Majesty, the King of Bhutan, members of the Royal Family, and the people of Bhutan. The discussion highlighted the strengthening ties between India and Bhutan, with Lyonpo Lekey Dorji expressing gratitude for India’s continued development support during Bhutan’s 13th Five Year Plan.

    The Bhutanese Finance Minister thanked India for extending assistance through the Currency Swap and Standby Credit Facility. The meeting also underscored the growing FinTech connectivity between the two nations. Sitharaman noted the successful acceptance of India’s BHIM UPI and RuPay cards in Bhutan, reaffirming India’s commitment to enhancing digital financial infrastructure across borders.

    The discussions took place on the sidelines of the Kautilya Economic Conclave, where the Bhutanese delegation was acknowledged for their participation, further cementing the enduring partnership between the two neighboring countries.

  • FM Nirmala Sitharaman To Meet PSU Banks, RRBs Heads For Performance Review On August 19 | Economy News

    New Delhi: Union Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting at Vigyan Bhawan on Monday to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs).

    This meeting aims to evaluate key financial metrics and the effectiveness of various government schemes, ensuring that these financial institutions are aligned with the economic goals. The morning session of the review meeting is dedicated to the evaluation of the Public Sector Banks from 11:00 AM to 1:00 PM. 

    The review meeting will also focus on several critical areas. Finance Minister along with other participants will review deposit growth, the credit-to-deposit ratio, and asset quality, which are vital indicators of the banks’ health. Additionally, the meeting will address the current status of accounts acquired by the National Asset Reconstruction Company Limited (NARCL) and discuss the action taken thus far, along with future strategies.

    The finance minister will also evaluate the performance of PSBs under government initiatives such as PM Awas Yojana, PM Surya Ghar, and PM Vishwakarma will also be scrutinized, alongside advancements in digital payments and cyber security measures. In the afternoon meeting from 3:00 PM to 5:00 PM, the focus will shift to Regional Rural Banks (RRBs). 

    The agenda includes evaluating key financial parameters, Ground Level Credit (GLC) for agriculture, and the status of technology upgrades. The meeting will also cover initiatives for Micro, Small, and Medium Enterprises (MSMEs), performance under government schemes, recent interventions, and any pending issues that require attention.This comprehensive review is expected to provide valuable insights into the functioning of PSBs and RRBs, enabling the government to enhance its contributions to the economy and ensure financial stability across the nation. 

  • Taxpayers Can Choose Between Old And New LTCG Regime: FM Sitharaman | Economy News

    New Delhi: Finance Minister Nirmala Sithraman said in the Parliament on Wednesday that the primary aim of the Union Budget for 2024-25 is to simplify the tax regime and ensure equitable treatment of all asset classes, as she confirmed the relaxation of the real estate indexation rules. 

    Referring to the amendment to the long-term capital gains (LTCG) regime proposed on Tuesday, the Finance Minister said, “The new tax regime is simpler and gives more flexibility to the taxpayer. The old regime is still not dissolved. Individuals can choose between the two regimes.”

    “This LTCG option on real estate is aimed at no additional tax burden for taxpayers. We have the courage of conviction to change. Amendments in the Budget are brought in even later so that they represent the common people’s aspirations. “The amendment gives a choice to the taxpayer to calculate and see what works better for them. The current amendment ensures that there will be no additional tax burden on the people,” she said.

    “Under the current amendment, in the case of assets acquired before July 23, taxpayers can compute tax under the old scheme with indexation or new scheme and pay the lower tax. We have given an option,” the Finance Minister explained, adding, “The middle class has been in our mind. Removal of indexation in LTCG on real estate was not done due to revenue consideration but simplification.”

    She said the middle class has benefited from various tax proposals in Budgets presented by the Modi government.  The effective tax on annual income of Rs 15 lakh was reduced to 10 per cent in 2023, which was further reduced this year as well under the new I-T regime, Sitharaman pointed out.

    She also said that the pending litigation and demands sorted under the ‘Vivad se Vishwas’ scheme helped the middle-class and small businesses. On the Customs side, the budget Bas taken several steps to boost domestic production and enhance export competitiveness, she said. 

    Customs duty reductions are aimed at lowering the cost of raw materials. Rate cuts have also been proposed for the labour-intensive industries, along with exemption and reduction on 27 critical minerals such as lithium, cobalt, and duty rate cuts for gold and silver, she added.

    The Finance Minister also said that the rate cut in Customs duties on several inputs for leather and textiles is aimed at boosting employment and bringing down costs. There will be a comprehensive review of the rate structure in the next six months, the Finance Minister said.

    She also said that the angel tax has come as a big relief for startups. Angel tax was introduced in 2012, but the UPA government did not remove it, she pointed out. “We have moved away from the days of tax terrorism,” Sitharaman said. She also said that till July 31 (2024-25 AY), as many as 5.2 crore taxpayers comprising 72.8 per cent of the total have moved to the new tax regime, reflecting the success of the system.

    A record 7.28 crore income tax returns have been filed in 2024-25, which is 7.5 per cent higher as compared to the 6.77 crore filed last fiscal. As many as 58.57 lakh were first-time filers in 2024-25, indicating a widening of the tax base. 

  • Budget 2024: Health Experts Urge Government To Increase Bed Availability, Provide Subsidised Vaccines | Personal Finance News

    New Delhi: Health experts stressed the importance of increasing the number of hospital beds in the country during a pre-budget meeting with Finance Minister Nirmala Sitharaman in Delhi on Thursday. They emphasised that the current availability is below the standards set by World Health Organization (WHO).

    Girdhar Gyani, Director General of the Association of Healthcare Providers said, “We have presented to the government the data that there are less than two beds per thousand population in our country, while WHO requires that there should be 3.5 beds per thousand population. Over and above, we have told them that there is a great disparity in terms of bed density,” (Also Read: Vedanta Announces Financial Support For Transgender Employees’ Higher Education)

    The experts also pointed out that in regions like Bihar, the shortage of hospital beds forces patients to travel long distances for treatment “Karnataka has got 4.2 beds per 1,000 population, while Bihar has got only 0.3 beds per 1,000 population. So this makes Bihar population travel all the way for treatment,” Dr. Gyani explained. (Also Read: 6 Key Health Insurance Claim Rule Changes You Need To Know: Details Here)

    Additionally, the experts proposed that certain adult vaccines, such as the influenza vaccine and the cervical cancer vaccine for women, should be provided at subsidized costs. “Certain adult vaccination is a very important point. People do not know there is adult vaccination. Like we have influenza.

    There is a vaccine available for cervical cancer in women, and those people don’t know about it. So we want to provide some vaccines, either free or at the subsidized cost to the population,” Dr. Gyani added after the meeting with the finance minister.

    The experts also highlighted that, under the Ayushman Bharat Scheme, patients often need to go to private hospitals because 85 per cent of tertiary care beds are in the private sector. They suggested implementing a co-payment scheme for Ayushman Bharat patients to access treatment in private hospitals.

     “We are suggesting let there be a co-payment scheme. That means certain higher-end hospital patients can go and over and above the government reimbursement they should be allowed to pay cash from their own side so this will provide flexibility to the patient,” Dr. Gyani said. (With ANI Inputs)

  • Centre blames tomato value upward thrust on premature rains, illness and seasonality

    On-line Table

    The new building up in tomato value is because of crop seasonality, white fly illness in Karnataka, rapid unfold of monsoon in North India and logistical disruption because of heavy rains, the Centre advised Parliament on Monday in keeping with a query through MP Kalanidhi Veeraswamy.

    The alternate comes within the wake of a steep building up in the cost of some meals pieces, specifically tomato, over the past a number of weeks.

    The cost of tomato, which was once within the vary of Rs 30-40 in line with kg, shot as much as Rs 100-150 in maximum towns over the past 3 weeks.

    Whilst this has ended in providence features for farmers, it has introduced tears to shoppers’ eyes.

    Then again, tomato used to be no longer the one meals merchandise to look a pointy run-up in costs in fresh days, with pulses additionally seeing an building up — despite the fact that much less impressive — of their costs.

    Then again, mentioned finance minister Nirmala Sitharaman, the costs of pulses — probably the most extensively ate up vegetarian meals merchandise in India after foodgrains — rose “on account of decrease manufacturing”.

    She mentioned the rise in costs used to be no longer on account of a proportionate building up in the price of agricultural inputs.

    “…inflation in key agricultural inputs like fertilizers, pesticides and insecticides declined steadily from the former 12 months and remained low all the way through the primary quarter of 2023-24,” Sitharaman mentioned.

    Remedial Measures

    Sitharaman mentioned the federal government has taken a number of steps to enhance home availability and stabilize the costs of very important meals pieces.

    It has launched onion and pulses from its buffer inventory, imposed inventory limits on investors, wholesalers and shops, and has installed position tracking of shares declared through traders and others to stop hoarding.

    She additionally mentioned some adjustments were made in industry coverage, similar to clarification of import accountability, adjustments in import quota and restrictions on exports of a few commodities.

    The new building up in tomato value is because of crop seasonality, white fly illness in Karnataka, rapid unfold of monsoon in North India and logistical disruption because of heavy rains, the Centre advised Parliament on Monday in keeping with a query through MP Kalanidhi Veeraswamy.

    The alternate comes within the wake of a steep building up in the cost of some meals pieces, specifically tomato, over the past a number of weeks.

    The cost of tomato, which was once within the vary of Rs 30-40 in line with kg, shot as much as Rs 100-150 in maximum towns over the past 3 weeks.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2′); );

    Whilst this has ended in providence features for farmers, it has introduced tears to shoppers’ eyes.

    Then again, tomato used to be no longer the one meals merchandise to look a pointy run-up in costs in fresh days, with pulses additionally seeing an building up — despite the fact that much less impressive — of their costs.

    Then again, mentioned finance minister Nirmala Sitharaman, the costs of pulses — probably the most extensively ate up vegetarian meals merchandise in India after foodgrains — rose “on account of decrease manufacturing”.

    She mentioned the rise in costs used to be no longer on account of a proportionate building up in the price of agricultural inputs.

    “…inflation in key agricultural inputs like fertilizers, pesticides and insecticides declined steadily from the former 12 months and remained low all the way through the primary quarter of 2023-24,” Sitharaman mentioned.

    Remedial Measures

    Sitharaman mentioned the federal government has taken a number of steps to enhance home availability and stabilize the costs of very important meals pieces.

    It has launched onion and pulses from its buffer inventory, imposed inventory limits on investors, wholesalers and shops, and has installed position tracking of shares declared through traders and others to stop hoarding.

    She additionally mentioned some adjustments were made in industry coverage, similar to clarification of import accountability, adjustments in import quota and restrictions on exports of a few commodities.

  • Uttarakhand Finance Minister, aides booked for beating up guy in road-rage case

    Categorical Information Provider

    DEHRADUN: Uttarakhand Finance Minister Prem Chand Agarwal and his aides together with the gunner Vinod Rana had been booked on Wednesday for allegedly beating up a person in a road-rage case in Rishikesh, police stated.

    The minister, his gunner, and a couple of others had been observed beating up a person in a video that has long past viral.

    Within the video, Agarwal might be observed status close to his automobile at the roadside and chatting with a resident of Shivaji Nagar, Surendra Singh Negi. Unexpectedly, the minister might be observed slapping the resident. The minister’s gunner Vinod Rana and a few others quickly joined in beating up the person.

    Taking critical be aware of the incident, Leader Minister Pushkar Singh Dhami summoned the minister and ordered the DGP to behavior a good and clear inquiry.

    Dehradun Senior Superintendent of Police Dalip Singh Kanwar informed The New Indian Categorical, “Two individuals named Surendra Singh Negi and Dhirendra Singh Prajapati had been named as accused on a grievance lodged through the minister’s gunner.” In a similar fashion, the minister and a couple of others had been named as accused on a grievance lodged through Surendra Singh Negi.

    In the meantime, the opposition Congress celebration employees took to the streets terming the incident as a “direct assault of energy at the commonplace guy”. The Congress employees staged protests around the state and burnt effigies of the finance minister, elevating slogans in opposition to him.

    BJP state president Mahendra Bhatt strongly condemned the incident involving the cupboard minister Premchand Agarwal. He additionally anticipated public representatives to “behave in a restrained way” in public puts.

    Congress state spokesperson Garima Dasauni additionally slammed Agarwal over the incident, pronouncing, “Those that are chargeable for regulation and order within the state, when they’re violating the regulation through beating commonplace folks, how will there be rule of regulation within the state”.

    DEHRADUN: Uttarakhand Finance Minister Prem Chand Agarwal and his aides together with the gunner Vinod Rana had been booked on Wednesday for allegedly beating up a person in a road-rage case in Rishikesh, police stated.

    The minister, his gunner, and a couple of others had been observed beating up a person in a video that has long past viral.

    Within the video, Agarwal might be observed status close to his automobile at the roadside and chatting with a resident of Shivaji Nagar, Surendra Singh Negi. Unexpectedly, the minister might be observed slapping the resident. The minister’s gunner Vinod Rana and a few others quickly joined in beating up the person.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2’); );

    Taking critical be aware of the incident, Leader Minister Pushkar Singh Dhami summoned the minister and ordered the DGP to behavior a good and clear inquiry.

    Dehradun Senior Superintendent of Police Dalip Singh Kanwar informed The New Indian Categorical, “Two individuals named Surendra Singh Negi and Dhirendra Singh Prajapati had been named as accused on a grievance lodged through the minister’s gunner.” In a similar fashion, the minister and a couple of others had been named as accused on a grievance lodged through Surendra Singh Negi.

    In the meantime, the opposition Congress celebration employees took to the streets terming the incident as a “direct assault of energy at the commonplace guy”. The Congress employees staged protests around the state and burnt effigies of the finance minister, elevating slogans in opposition to him.

    BJP state president Mahendra Bhatt strongly condemned the incident involving the cupboard minister Premchand Agarwal. He additionally anticipated public representatives to “behave in a restrained way” in public puts.

    Congress state spokesperson Garima Dasauni additionally slammed Agarwal over the incident, pronouncing, “Those that are chargeable for regulation and order within the state, when they’re violating the regulation through beating commonplace folks, how will there be rule of regulation within the state”.

  • BJP MPs felicitate Modi, Sitharaman for ‘pro-poor’ Price range

    Specific Information Provider

    NEW DELHI:   Congratulating itself at the Union Price range, the BJP in its parliamentary birthday celebration assembly on Tuesday felicitated PM Narendra Modi and Finance Minister Nirmala Sitharaman. The PM described the Price range 23-24 as “pro-poor” and “inclusive” whilst Sitharaman stated the proposals took care of the center elegance whilst conserving the point of interest at the nation’s deficient.

    Specifically designed garlands have been introduced to the 2 amid thunderous applause. Celebration leader JP Nadda credited the PM with conceptualizing the “pro-poor finances.” Parliamentary Affairs Minister Pralhad Joshi showered reward on Sitharaman for bringing out a “well-balanced and all-inclusive finances.”

    “It’s an all-inclusive Price range that touches each phase of our society, particularly the deficient and the disadvantaged sections”, the PM stated. The PM, then again, saved up the political pitch. He instructed his birthday celebration MPs to achieve out to their respective constituencies and speak about what the Price range has for them. The PM informed the MPs that on every occasion the Price range is gifted, there are a couple of individuals who talk negatively. “This yr’s Price range has been hailed as pro-people even by way of those that are antagonistic to the BJP ideology,” he stated.

    He brushed aside the Opposition fees that the Price range proposals have been caused by way of a very powerful polls in 9 states this yr after which the Lok Sabha polls early subsequent yr. “It’s not a poll-driven finances however the cheap centered at the betterment of the deficient. It’s an all-inclusive finances.” The PM informed the birthday celebration MPs that in the event that they sought after to get re-elected, they must at all times be in discussion with the folk, particularly the ones belonging to the deficient and center elegance of their constituencies.

    He stated if the birthday celebration MPs engage with the folk without delay, there will likely be no anti-incumbency. “I believe all folks must cross to our constituencies and keep hooked up with the folk,” he stated. Sharing main points of the assembly with the media later, Joshi stated that the PM additionally directed the MPs to arrange “MP sports activities competitions” (Saansad Khel Spardha) of their respective constituencies.

    NEW DELHI:   Congratulating itself at the Union Price range, the BJP in its parliamentary birthday celebration assembly on Tuesday felicitated PM Narendra Modi and Finance Minister Nirmala Sitharaman. The PM described the Price range 23-24 as “pro-poor” and “inclusive” whilst Sitharaman stated the proposals took care of the center elegance whilst conserving the point of interest at the nation’s deficient.

    Specifically designed garlands have been introduced to the 2 amid thunderous applause. Celebration leader JP Nadda credited the PM with conceptualizing the “pro-poor finances.” Parliamentary Affairs Minister Pralhad Joshi showered reward on Sitharaman for bringing out a “well-balanced and all-inclusive finances.”

    “It’s an all-inclusive Price range that touches each phase of our society, particularly the deficient and the disadvantaged sections”, the PM stated. The PM, then again, saved up the political pitch. He instructed his birthday celebration MPs to achieve out to their respective constituencies and speak about what the Price range has for them. The PM informed the MPs that on every occasion the Price range is gifted, there are a couple of individuals who talk negatively. “This yr’s Price range has been hailed as pro-people even by way of those that are antagonistic to the BJP ideology,” he stated.

    He brushed aside the Opposition fees that the Price range proposals have been caused by way of a very powerful polls in 9 states this yr after which the Lok Sabha polls early subsequent yr. “It’s not a poll-driven finances however the cheap centered at the betterment of the deficient. It’s an all-inclusive finances.” The PM informed the birthday celebration MPs that in the event that they sought after to get re-elected, they must at all times be in discussion with the folk, particularly the ones belonging to the deficient and center elegance of their constituencies.

    He stated if the birthday celebration MPs engage with the folk without delay, there will likely be no anti-incumbency. “I believe all folks must cross to our constituencies and keep hooked up with the folk,” he stated. Sharing main points of the assembly with the media later, Joshi stated that the PM additionally directed the MPs to arrange “MP sports activities competitions” (Saansad Khel Spardha) of their respective constituencies.

  • Finance Minister Nirmala Sitharaman admitted to AIIMS for minor an infection

    Through Specific Information Carrier

    NEW DELHI: Finance Minister Nirmala Sitharaman has been admitted to the All India Institute of Scientific Sciences (AIIMS) in Delhi on Monday.

    In line with the assets quoted by means of ANI, the 63-year-old has been admitted to a non-public ward of the medical institution after a minor abdomen an infection and for a regimen check-up round midday on Monday. She could be discharged quickly.

    “She is admitted to AIIMS. However not anything severe. She is okay. Not anything to fret,” the supply stated.

    The Finance Minister is because of provide the Union Funds 2022-23 on February 1, 2023.

    On Saturday, Ms Sitharaman attended the thirty fifth annual convocation of The Tamil Nadu Dr MGR Scientific College in Chennai. The finance minister noticed that scientific training in Tamil Nadu must study within the Tamil language as there used to be a certain want in opposition to strengthening it.

    On Sunday, the finance minister paid floral tribute to the previous Top Minister, Atal Bihari Vajpayee, on his start anniversary at ‘Sadaiv Atal’ in New Delhi. 

    (With further inputs from companies)

    NEW DELHI: Finance Minister Nirmala Sitharaman has been admitted to the All India Institute of Scientific Sciences (AIIMS) in Delhi on Monday.

    In line with the assets quoted by means of ANI, the 63-year-old has been admitted to a non-public ward of the medical institution after a minor abdomen an infection and for a regimen check-up round midday on Monday. She could be discharged quickly.

    “She is admitted to AIIMS. However not anything severe. She is okay. Not anything to fret,” the supply stated.

    The Finance Minister is because of provide the Union Funds 2022-23 on February 1, 2023.

    On Saturday, Ms Sitharaman attended the thirty fifth annual convocation of The Tamil Nadu Dr MGR Scientific College in Chennai. The finance minister noticed that scientific training in Tamil Nadu must study within the Tamil language as there used to be a certain want in opposition to strengthening it.

    On Sunday, the finance minister paid floral tribute to the previous Top Minister, Atal Bihari Vajpayee, on his start anniversary at ‘Sadaiv Atal’ in New Delhi. 

    (With further inputs from companies)

  • ED ‘totally unbiased’; now not used for vindictive goal: FM Sitharaman

    ED's conviction charge may be very low. But, there’s a sense that it's a procedure, which has turn into very tricky for civil society establishments, that have been below investigation.