Sitharaman in her Budget speech on February 1 had announced that Digital Rupee or Central Bank Digital Currency (CBDC) would be issued by the RBI in the coming fiscal year
Under his stewardship, flagship firm Bajaj Auto saw its turnover growing to Rs 12,000 crore from just Rs 7.2 crore with the firm's scooters becoming the mainstay
There is no question of a slowdown or recession, said Sitharaman, as she cited an estimated 9.2 per cent GDP growth in the current fiscal year ending March 31
Rural internet user base is growing three times faster and is likely to surpass the urban user numbers soon, said Finance Minister Nirmala Sitharaman in the Rajya Sabha
Congress initiated the privatisation process in 1991 and disinvestment of worth over Rs one lakh crore was made in 1991 and the following years, she said
Replying to the discussion on Budget 2022-23 in the Rajya Sabha, she said her Budget brings stability to the economy and has measures to create jobs
'I am not going to legalise it or ban it at this stage. Banning or not banning will come subsequently, when consultations give me input,' says FM in Parliament
It has been a custom that the finance minister addresses the RBI board, consisting of RBI Governor and existing four deputy governors, after the budget
Referring to the government's decision to cut corporate tax rate, she said, the government has also opened up many sectors including atomic energy and space
Recognising the huge debt burden of NHAI at Rs 3.38 trillion, the finance ministry has given it nil space to borrow any more in the FY23 Budget
This time around, I must go on record praising her for the way in which she has framed the Union Budget for 2022-23
Invoking a verse from the epic Mahabharata, Nirmala Sitharaman announced steps to further simplify the tax system and promote voluntary compliance.
The government is also looking to earn 7 paise for every rupee from Union excise duty and 5 paise from customs duty
Here is the full text of the memorandum of the Finance Bill as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman
Budget session 2022 of the Parliament beginning today will decide the future course on the Indian economy. It will start with tabling of the Economic Survey that serves as precursor to the Budget
'Union Budget Mobile App' to provide easy and quick access to Union Budget information to all stakeholders
The chief minister also requested Sitharaman for providing special central assistance for Mandi airport
The country is keenly waiting for the Union Budget which will be tabled on February 1. But what are its major components? Why does the govt conduct this annual exercise? Find the answers here
Sitharaman also called for more awareness building on Kalakshetra Foundation to get people to understand what such a place can impart as education
According to the source, almost all economists recommended the government not to be too aggressive with their fiscal stance