Finance Minister Nirmala Sitharaman

FM Sitharaman urges developed economies to increase commitments to support climate change

Finance Minister Nirmala Sitharaman on Friday called on developed economies to balance their commitments to support climate change and help developing countries build more resilient infrastructure. She said India had announced the National Infrastructure Pipeline (NIP) with nearly 7,000 projects and the government had adopted a plan to revitalize the economy by building infrastructure.Sitharaman said …

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Finance Minister announces 8 major relief measures.

Finance Minister Nirmala Sitharaman on Monday announced a credit guarantee program worth Rs 1.1 lakh crore for sectors affected by Covid. Addressing a press conference in New Delhi, she also said that Rs 50,000 crore had been allocated for health sector development. “We are announcing around eight economic aid measures, four of which are absolutely …

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Focus on new areas opened by govt for fresh candidate : said Sitharaman

Private companies have been given greater prominence in the Union Budget for 2021-22, and open spaces have “many opportunities” for individuals and not just large companies, said FM Sitharaman. The union’s finance minister, Nirmala Sitharaman, on Saturday said the opening of the state-of-the-art fully secured facilities would allow the government to give university graduates business …

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Finance Minister Nirmala Sitharaman says IRDAI directs insurance companies to prioritize COVID-19 claims

Finance Minister Nirmala Sitharaman has said that the insurance regulator IRDAI should give priority to authorization and settlement of COVID-19 claims to companies. Sitharaman said that reports of cashless insurance refusal were being received by some hospitals. To deal with this situation, the Finance Minister spoke to the Insurance Regulatory and Development Authority (IRDAI) Chairman …

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Economy

Economy: Government ready to deal with global situation

Economy- FM Nirmala Sitharaman: Finance Minister Nirmala Sitharaman has said that India is capable of dealing with any situation arising from global signals. These developments also include the withdrawal of loose monetary policy from the US central bank. Sitharaman said in a post-budget discussion with industry body FICCI on Sunday that the government would not …

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