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Sitharaman

Dec 10, 2019, 02.09 AM IST

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SITHARAMAN

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  • The long term irrigation fund was instituted under NABARD in 2016-17 under the 'Pradhan Mantri Krishi Sinchyee Yojana-Accelerated Irrigation Benefits Programme' that envisages bringing 76 lakh hectares under irrigation through 99 identified projects.

    In the last three years from 2016-17 to March 2019, the amount of outstanding education loans rose from Rs 67,685.59 crore to Rs 75,450.68 crore in September 2019, as per data provided by public sector banks. More than 90 per cent of these accounts are standard as on March 31 this year, Finance Minister Nirmala Sitharaman told the Lok Sabha.

    No matter which way you slice it, the ap-peel of onions is hard to counter.

    A revamp of goods and services tax (GST) structure is on the cards as the committee for augmenting GST revenue collections is likely to reji...

    The budget for 2020-21 to be presented on February 1 is keenly awaited for the expected second wave of structural reforms for pulling out the economy from its over six-year low growth. In addition to expenditure secretary, the position of joint secretary, one of the key officials in the entire Budget-making process, is also vacant for almost three months.

    Gandhi did not spare Home minister Amit Shah and Finance minister Nirmala Sitharaman either and took potshots at them during his hectic tour of the Wayanad Lok Sabha constituency, which he represents. He lashed out at Sitharaman, saying she was "incompetent", not aware of what was happening around her and had the "arrogance" to say she does not eat onions or garlic.

    "I only can invite and assure that the Government of India is committed for further reforms in various sectors whether it is banking, mining or insurance and so on," Finance Minister Nirmala Sitharaman said. She invited Swedish firms to invest in infrastructure development projects. India plans to invest about Rs 1 lakh crore in infrastructure sector in the next five years.

    Nirmala Sitharaman said there are several structural issues related to storage of onions and the government is trying to address them. Steps taken by the government to check rising prices of onion include ban on exports, imposition of stock limit, and import and transfer of onions from surplus to deficit areas, FM said.

    Congress leader in Lok Sabha Adhir Ranjan Chowdhury expressed regret in the House on Wednesday over his "nirbala" remark on Finance Minister Nirmala Sitharaman and described her as his sister.

    She said ministers were listening to criticism and responding positively. “It is this government and Prime Minister Modi which listens to criticism, which responds to criticism with a positivity rather than keep sitting and criticising in return".

    FM Sitharaman had in September announced corporate tax rate cut from an effective 35% (including surcharges and cesses) to an effective 25.17% while the rate for new manufacturing companies reduced to 15% from 25%.

    Speaking in Lok Sabha, the Finance Minister yesterday said that she doesn't eat much of onion or garlic and hails from a family where these ...

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