finance minister nirmala sitharaman

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    India's Economic Fundamentals Strong, Rupee Stable - Official Report

    New Delhi, March 30 Finance Minister Nirmala Sitharaman said on Monday that the country's economic fundamentals are strong, and that the Indian rupee is "doing very well" against the US dollar, compared to other emerging market economies.Since the outbreak of the West Asia conflict on February...
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    Sitharaman: No Lockdown Expected, Govt Focused on Stability

    New Delhi, March 27 There is no possibility of imposing a lockdown in the country, Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Friday, and indicated raising additional resources to compensate for the shortfall arising from the excise duty cut on diesel and petrol.She also...
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    India Reduces Fuel Taxes, Imposes Export Duty Amid Rising Oil Prices

    New Delhi, March 27 – The government has reduced excise duty on petrol and diesel by ₹10 per litre, averting a retail price hike that had become necessary due to soaring global oil prices.The reduction in special additional excise duty on petrol from ₹13 to ₹3 per litre and on diesel from ₹10...
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    Protecting Consumers: India's Response to Rising Global Oil Prices

    Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, stated today that the government has chosen to protect Indian citizens from the sharp increase in international crude prices, amidst the ongoing US-Israel-Iran conflict and disruptions in the Strait of Hormuz, by taking a...
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    Central Government Reduces Petrol & Diesel Excise Duty

    Gandhinagar, March 27 – The Gujarat government has welcomed the central government's move to cut excise duty on petrol and diesel by Rs 10 per litre.Gujarat Chief Minister Bhupendra Patel said, "Today, with the sharp increase in crude oil prices globally, Prime Minister Narendra Modi has once...
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    Fiscal Reforms and Support: Highlights from the New Budget

    New Delhi, March 25 – Finance Minister Nirmala Sitharaman stated on Wednesday that the Union Budget includes several "supportive" measures for the middle class and MSMEs, and the government is moving forward with reforms based on conviction and clarity, rather than compulsion.In response to...
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    Budget Passage Sparks Parliamentary Scrutiny

    New Delhi, March 24 JMM Rajya Sabha member Mahua Maji on Tuesday expressed concerns over the passing of the budget without proper debate in the House, saying that it amounts to compromising the fundamental principles of democracy.Participating in the discussion on the Appropriation Bill No 2...
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    Bill Aims to Ease Corporate Compliance, Faces Opposition

    New Delhi, March 23 The Lok Sabha on Monday referred the Corporate Laws (Amendment) Bill, 2026, to a joint parliamentary committee comprising members from both Houses of Parliament for a detailed analysis and recommendations.The decision was taken following a voice vote after Finance Minister...
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    Lok Sabha Approves ₹2.01Lakh Crore Supplementary Spending

    New Delhi, March 13 – The Lok Sabha on Friday approved the second batch of Supplementary Demands for Grants, which will enable the government to spend an additional ₹2.01 lakh crore in the current financial year.The government had sought approval to spend a gross additional amount of ₹2.81...
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    Government Greenlights ₹2.01Lakh Crore Extra Spending Amidst Debate

    New Delhi, March 13 The Lok Sabha passed the second batch of supplementary demands for grants on Friday, allowing the government to spend an additional ₹2.01 lakh crore in the current fiscal year.Through the second batch of supplementary demands, the government sought approval from the Lok...
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    Sitharaman: Inflation Near Lower Bound Despite Crude Increase

    New Delhi, March 9 The impact of rising global crude prices on inflation is not expected to be substantial at this point, as India's inflation is near the lower bound, Finance Minister Nirmala Sitharaman said on Monday.In response to a written question in the Lok Sabha, Sitharaman said that...
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    Asset Monetisation Strategy: India's New 5-Year Plan for Infrastructure Funding

    New Delhi, February 23 – The National Monetisation Pipeline (NMP) 2.0, launched by Finance Minister Nirmala Sitharaman on Monday, aims to mobilize ₹10 lakh crore over a period of 5 years.NMP 1.0, launched in 2021 by Niti Aayog for FY2022-25, targeted to unlock value in brownfield public...
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    India's NMP 2.0 Aims to Raise $5.8 Trillion Through Asset Sales

    New Delhi, February 23 – Finance Minister Nirmala Sitharaman launched the second phase of the asset monetisation pipeline of central ministries and public sector entities – the ‘National Monetisation Pipeline 2.0 (NMP 2.0)’ – on Monday, with an estimated monetisation potential of ₹16.72 lakh...
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    Union Budget 2026-27: Increased Funding for Women and Child Development

    New Delhi, February 18 The allocation for women and girls under various schemes has increased by 11.55 per cent to ₹5.01 lakh crore in 2026-27, up from ₹4.49 lakh crore in the previous financial year, according to the Gender Budget Statement (GBS) released by the government.The Gender Budget...
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    India's Economic Resilience: Key Points from FM's Rajya Sabha Speech

    New Delhi, February 12 High personal income tax collection does not necessarily mean that the middle class is being suppressed or crushed in the country, Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Thursday.There is no evidence of any suppression of the middle class in the...
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    MP Demands Increased Funding for Local Area Development

    New Delhi, February 10 Samajwadi Party MP Lalji Verma on Tuesday demanded an increase in the Member of Parliament Local Area Development scheme fund to Rs 25 crore per year.Participating in the general discussion on the Union Budget 2026-26 in the Lok Sabha, Verma urged Union Finance Minister...
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