Centre ups outlay for fertiliser subsidy by Rs 19,000 crore to boost farm output
New Delhi, March 13 (IANS) Finance Minister Nirmala Sitharaman informed the Lok Sabha on Friday that the country currently holds a robust fertiliser stock of 163 lakh metric tonnes (LMT) for April. This represents a significant 26 per cent increase over the previous year’s stock of 128.54 LMT. The Minister stated that while sufficient stocks […]
FM Sitharaman discusses India-EU FTA, investments with top leaders in Germany
New Delhi, Feb 15 (IANS) Finance Minister Nirmala Sitharaman met top leaders and industrialists during her visit to Germany and discussed bilateral trade relations in the backdrop of the EU-India FTA deal, while scaling up the partnership in several fields, including manufacturing, technology and agriculture, Finance Ministry said on Sunday. FM Sitharaman met Lars Klingbeil, […]
Tax transfer to states has shot up by Rs 2.7 lakh crore in Budget 2026-27: FM
New Delhi, Feb 11 (IANS) Finance Minister Nirmala Sitharaman on Wednesday said that the total resources to be transferred to the states, including the devolution of state share in taxes and releases that are made under the centrally sponsored schemes in the Budget for 2026-27 is estimated to be Rs 25.44 lakh crore, which is […]
IBC Amendment Bill in 2nd half of Budget session, a lot more divestment coming: FM
New Delhi, Feb 2 (IANS) Finance Minister Nirmala Sitharaman on Monday said that the government is set to introduce the Insolvency and Bankruptcy Code (IBC) Amendment Bill in the second half of the Budget session, beginning March 9. Addressing a press briefing, a day after presenting the historic reform-oriented Budget 2026-27, she said that the […]
‘Ignores key challenges from Eco Survey’: Chidambaram pans Union Budget 2026-27
New Delhi, Feb 1 (IANS) Senior Congress leader and former Finance Minister P. Chidambaram issued a scathing critique of the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman on Sunday, declaring that it “failed the test of economic strategy and economic statesmanship”. In a detailed statement, Chidambaram expressed astonishment at the budget speech, arguing […]
Union Budget is a roadmap for jobs, infra boost: Delhi CM Rekha Gupta
New Delhi, Feb 1 (IANS) Delhi Chief Minister Rekha Gupta on Sunday welcomed the Union Budget 2026-27, describing it as a forward-looking and people-centric Budget that will infuse new energy into the resolve of building a developed and self-reliant India. She said the Budget presented by Finance Minister Nirmala Sitharaman reflects the strong and visionary […]
Budget 2026-27 rolls out tax incentives for cooperatives
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman announced several incentives for primary cooperative societies in the Budget proposals for 2026-27 presented in the Parliament on Sunday. These include allowing a deduction to primary cooperative societies for the supply of cattle feed and cotton seed produced by their members, which will result in reducing […]
Economic Survey reflects healthy fundamentals, robust reforms across sectors: FM Sitharaman
New Delhi, Jan 29 (IANS) Finance Minister Nirmala Sitharaman on Thursday said the Economic Survey 2025-26 reflects the healthy banking fundamentals, achieved due to the various banking reforms undertaken by Prime Minister Narendra Modi’s government in the last decade. The Gross Non-Performing Asset (GNPA) ratio of scheduled commercial banks has fallen to a multi-decadal low […]
Sitharaman launches project to develop AI, STEM & robotics labs in govt schools in Karnataka
New Delhi, Dec 20 (IANS) Finance Minister Nirmala Sitharaman on Saturday launched a Corporate Social Responsibility (CSR) project to develop five Artificial Intelligence, STEM, and robotics labs in government schools in Karnataka. The Minister launched Cyient AI Labs (CyAILS) — ‘VijAIpatha’, a CSR-led national initiative to democratise access to Artificial Intelligence, STEM, and robotics education […]
FM Sitharaman discusses simplification of procedures, leveraging digital tools for transparency
New Delhi, Dec 20 (IANS) Finance Minister Nirmala Sitharaman on Saturday discussed simplification of procedures, regulatory predictability, coordinated inter-departmental functioning, efficient fund flows, future-ready tax administration, financing pathways for sustained growth, and leveraging digital tools for transparency, efficiency, and accountability. Sitharaman, along with Minister of State for Corporate Affairs, Harsh Malhotra, chaired the Chintan Shivir […]
