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States’ borrowing limit increased from 3% to 5%: Nirmala Sitharaman

States’ borrowing limit increased from 3% to 5%: Nirmala Sitharaman

by pallanus | May 17, 2020 | Business News

In a major relief to the state governments, Finance Minister Nirmala Sitharaman on Sunday announced an increase in the borrowing limit of the states from 3 per cent to 5 per cent for the financial year 2020-21 only. Finance Minister Nirmala Sitharaman (Photo: PIB) In...
All public sectors to be open for private companies: Nirmala Sitharaman

All public sectors to be open for private companies: Nirmala Sitharaman

by pallanus | May 17, 2020 | Business News

Finance Minister Nirmala Sitharaman, in her fifth and the last tranche of the coronavirus economic package, on Sunday announced new public sector policy that allows involvement of private sector. Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman,...
Rs 40,000 crore increase in allocation for MGNREGA to provide employment boost: Nirmala Sitharaman

Rs 40,000 crore increase in allocation for MGNREGA to provide employment boost: Nirmala Sitharaman

by pallanus | May 17, 2020 | Business News

Nirmala Sitharam said the Budget estimate for MNREGA was Rs 61,000 crore, and now Rs 40,000 crore additional has been added for the benefit of the labourers. Finance Minister Nirmala Sitharam, in her fifth and the last tranche of the coronavirus economic package,...
Nirmala Sitharaman gives boost to virus-hit civil aviation, eases restrictions on use of Indian airspace

Nirmala Sitharaman gives boost to virus-hit civil aviation, eases restrictions on use of Indian airspace

by pallanus | May 16, 2020 | Business News

Finance Minister Nirmala Sitharaman on Saturday announced the fourth tranche of an overall package of Rs 20 lakh crore to deal with the economic fallout of the Covid-19 pandemic which focussed on structural reforms in new sectors where growth is possible and...
Ban on certain imports, FDI in defence increased from 49% to 74%: Nirmala Sitharaman

Ban on certain imports, FDI in defence increased from 49% to 74%: Nirmala Sitharaman

by pallanus | May 16, 2020 | Business News

“Many sectors need policy simplification,” Union Finance Minister Nirmala Sitharaman said. File photo of Finance Minister Nirmala Sitharaman (Photo Credits: PTI) Finance Minister Nirmala Sitharaman on Saturday addressed media persons to announce the fifth...
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