Tag: Nirmala Sitharaman

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Posted in Economy

PMJJBY, PMSBY settle claims worth Rs 25,160 cr since their launch in 2015

New Delhi: Jansuraksha schemes like Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana have settled claims of about Rs 25,160 crore…

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ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growth

Finance Minister Nirmala Sitharaman said the government is working on fresh reforms to ease regulatory compliance burden for India Inc, adding that a reforms package…

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Tell us what you need to invest more: FM Sitharaman to India Inc

Mumbai: Finance minister Nirmala Sitharaman on Saturday underscored the government’s resolve to cushion vulnerable sections, such as farmers, from a surge in input costs in…

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Consumption sustaining growth; predictable support essential for GDP expansion: FM

Pune: Domestic consumption is sustaining the growth momentum in the economy, and predictable policy support is essential to ensure that the pace of GDP expansion…

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FM counters Stalin, denies curbs on paddy incentives

New Delhi: Finance minister Nirmala Sitharaman on Sunday dismissed Tamil Nadu chief minister MK Stalin‘s allegation that the Union government had directed the state not…

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Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push

New Delhi: Finance minister Nirmala Sitharaman said on Wednesday that the Pradhan Mantri Mudra Yojana (PMMY) has been instrumental in reshaping the credit landscape for…

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West Asia conflict threatens global energy arteries; prudent economic handling over a decade allows India to keep space for capex: FM

Finance minister Nirmala Sitharaman on Monday said the West Asia conflict has evolved from a regional security concern to a systemic tremor, “threatening vital arteries…

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Parliament passes amendments to IBC to quicken resolution process, reduce backlog

New Delhi: Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) to provide faster resolutions, reduce case backlog and strengthen the financial…

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Govt notifies Finance Act 2026 that changes tax provisions from April 1

New Delhi: The government has notified the Finance Act 2026, paving way for effecting changes in tax provisions. This Act gives effect to financial proposals…

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IBC helped banks recover 52% bad loans: Nirmala Sitharaman
Posted in Economy

IBC helped banks recover 52% bad loans: Nirmala Sitharaman

New Delhi: Finance and corporate affairs minister Nirmala Sitharaman on Monday said the decade-old insolvency law has been instrumental in improving the health of the…

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