The Latest Breaking News from Nirmala Sitharaman

The issue is not about India’s GDP, but its JDP

There is a big dissonance between GDP growth and its translation into actual jobs and incomes for people

The Hindu · Aug 18, 2023

Parliament paves way for 28% GST on online gaming

Finance Min. Sitharaman introduces bills to amend CGST & IGST laws, allowing 28% tax on full face value of bets in online gaming, casinos & horse race clubs. Amendments provide clarity on taxation of supplies & impose GST liability on offshore entities. GST Council approved levy last week.

The Hindu · Aug 11, 2023

Finance Minister Nirmala Sitharaman calls for concerted global efforts to restructure debt for poor countries

Finance Min. Sitharaman calls for global efforts to help indebted nations deleverage. G20 session organised by India to address debt vulnerabilities. India's G20 presidency seeks to find solutions to debt overhang & challenges to multilaterism. Common thread to prepare for better tomorrow for all. Expert group set up to find…

The Hindu · Aug 11, 2023

In Telangana, few funds, but many promises

With more welfare schemes likely to be announced in Telangana, the government would do well in making sure that its finances are in place before any announcement is made

The Hindu · Aug 6, 2023

Manipur violence | Union Finance Minister invites Opposition for open-minded debate in Parliament

Opposition parties should come to the Parliament for an open-minded debate with Union Home Minister Amit Shah on the situation in Manipur, if they really want to find an early and amicable solution, Union Finance Minister Nirmala Sitharaman has said.

The Hindu · Aug 5, 2023

Union Finance Minister Nirmala Sitharaman lays foundation stone for Adichanallur museum that will exhibit 3,000-year-old artefacts

Union Finance Minister Nirmala Sitharaman on Saturday, laid the foundation stone for the establishment of a museum in Adichanallur, to showcase artefacts from ancient Tamil civilization, excavated from this archaeological site.

The Hindu · Aug 5, 2023

Steps being taken to bring back 5,000-odd Adichanallur artefacts from foreign museums, says Nirmala Sitharaman

The Union Finance Minister said these artefacts, along with the many burial urns and other artefacts unearthed from the excavation in Adichanallur, would be displayed at the world-class museum that is to come up on the Tirunelveli – Tiruchendur Road

The Hindu · Aug 5, 2023

Nirmala Sitharaman chairs review meeting of RRBs in Southern Region

FM Sitharaman chaired review meeting in Chennai with RRB chairpersons & senior officials. Discussed focus on flagship schemes, improving credit-deposit ratio, Gross NPAs & Provision Coverage Ratio. Called for increasing digitally active customers & physical presence across States.

The Hindu · Aug 4, 2023

Andhra Pradesh debt increased during Naidu’s tenure, not Jagan’s, says Buggana Rajendranath Reddy

In response to the opposition party’s criticism over the debts of the State government, Buggana Rajendranath Reddy, Finance Minister, has said that the total borrowings of the State government between 2019-23 stood at ₹1.77 lakh crore. He said that it was revealed by the Union Finance Minister Nirmala Sitharaman in the…

The Hindu · Aug 4, 2023

GST Council sticks to its guns, imposes 28% tax on online gaming

Finance Minister Nirmala Sitharaman said that the October 1 date of implementation will be followed despite different State Ministers expressing concerns, and requesting reviews

The Hindu · Aug 2, 2023