Finance Minister
Infra, investment, innovation & inclusivity key elements for long-term growth: Sitharaman
She said this while participating in the 'Governors' Seminar: Policies to Support Asia's Rebound', which was held as part of the 56th Asian Development Bank annual meeting in Incheon, South Korea. Sitharaman stated that protection of vulnerable sections has been India's prime focus as the government has charted its course towards recovery from the Covid-19 pandemic.
Nirmala Sitharaman to attend AGM of ADB in South Korea
The Indian delegation, consisting of officials from the department of Economic Affairs, is scheduled to depart on Monday itself. The meetings will be attended by official delegations of ADB members, observers, non-governmental and civil society organisations, media, financial institutions and banks and other private sector companies.
'Be humane': Sitharaman to SBI after video of old barefoot woman going to collect pension
The woman in the video, identified as Surya Harijan, lives in Odisha's Nabrangpur district, and stays with her younger son, who grazes other people's cattle. Her elder son is a migrant labourer in another state. The family lives in a hut and doesn't own any land, as per reports.
India to chair Commonwealth working group on reform of financial architecture
The ministers agreed for India to be the chair and Nigeria to be the deputy chair of the Finance Ministers Working Group for a Commonwealth Call for Reform of the Global Financial Architecture. Their collective call for reform came at the Commonwealth Finance Ministers High-Level Working Group Meeting in Washington D.C.
Nirmala Sitharaman calls for debt restructuring to address global crisis
Nirmala Sitharaman made the remark on the first day of the G20 Finance Ministers Central Bank Governors (FMCBG) meeting, which commenced in Washington D.C. on Wednesday. Debt restructuring can be a solution to the global debt crisis, as it is closely intertwined with addressing global poverty challenge, the Union Minister said, noting that it adversely affects the most indebted countries as they also house the poorest people.
India committed to reforms agenda, has investment opportunities: Nirmala Sitharaman
Participating in a roundtable meeting on "Investing in the India Decade" organised by industry body FICCI and US India Strategic Partnership Forum in Washington D.C. on the sidelines of Spring meetings of the IMF and World Bank, Sitharaman on Tuesday underlined the reality of a global acknowledgement of a "New India" and the renewed role India is poised to play in global economic order, besides India as an investment destination.
FM to embark on US tour from Apr 10; to attend World Bank Group, IMF meets
She will also be attending the G20 meetings and other associated meetings, which are scheduled to take place from April 10 to April 16. The meetings will take place in the WBG and IMF headquarters in Washington DC. The Spring Meetings will be attended by finance ministers and central bankers from across the world.
India has robust commercial systems giving confidence to investors: FM Sitharaman
Nirmala Sitharaman said the process of Resolution Professional (RP) and Corporate Insolvency Resolution Process (CIRP) getting vitiated and other points come into discussions whenever bilateral investment treaty negotiations happen with countries with whom India wants to ink an agreement.
Frequent amendment of corporate laws is to make them more robust: FM Sitharaman
Sitharaman said this while speaking here after inaugurating the renovated premises of the National Company Law Appellate Tribunal (NCLAT). She said that Opposition members used to question the rationale behind approaching the Parliament frequently but "the government was able to convince them about the need for such frequent amendments to corporate laws".
Sitharaman to meet public sector banks chiefs on March 25
This would be the first meeting of the Finance Minister with banks' chiefs after the presentation of the budget, where, according to sources, the discussion is likely to be on the areas highlighted by the budget. Sitharaman is also likely to review the credit flow to key sectors like agriculture, sources in the know of things said.
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