finance minister nirmala sitharaman Archives

India's interim Budget speech for 2024 was completed by FM Nirmala Sithatraman within an hour. Here are the six key takeaways from the Budget 2024-25 documents based on the revised estimates for the current year and the Budget Estimates for the coming financial year. 1. The government expects the nominal GDP to grow for the coming financial year (2024-25), projecting India's nominal GDP to be Rs 3,27,71,808 crore, assuming 10.5% growth over the estimated nominal GDP of Rs 2,96,57,745 crore in the current financial year (2023-24). 2. The fiscal deficit has been reduced to a 5.8% level and the FM announced similarly ambitious targets for the FY25 — at 5.1% of GDP— and FY26 — at 4.5% of GDP. While this is welcome news, it leads to questions about how fiscal consolidation is being ac...

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“Replacing Old Political… Oh, Sorry…”: Nirmala Sitharaman’s Slip Of Tongue, And A Smile: Here What She Said!!!

SHIVANI UJJAINWALFebruary 6, 20230

While delivering the budget speech to the Lok Sabha in 2023–2024, Finance Minister Nirmala Sitharaman made an interesting error. During her statement on the budget for 2023–24 in the Lok Sabha today, Finance Minister Nirmala Sitharaman made a somewhat "political" error by substituting the word "polluting" for the actual word. This caused hilarity among the members of the ruling BJP–led NDA. The Sansad TV broadcast omitted depicting how the Opposition responded. "Vehicle replacement is an important ongoing policy," she said, "Replacing the old political... oh, sorry...," and she paused. Laughter ensued. "I know!," she said with a smile, corrected herself, and stressed the word "polluting" in place of "political" multiple times as she continued on, speaking about replacing old vehicle

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Finance Minister Nirmala Sitharaman Announces 9 Interesting Schemes; Checkout Here!

Arpita SarkarMay 30, 20220

The river binds India and neighboring countries. Therefore, Union Finance Minister Nirmala Sitharaman thinks that five aspects of trade, culture, communication, conservation and skill development need to be kept in mind in river management and allocation of funds. On the second day of the River-3 Conference on ASEAN countries and Japan in Guwahati, Nirmala as a chief guest said, "The Central was implementing nine major projects in the field of railways, roads, and aviation to develop communication infrastructure in the North East. The policy of the center is to give importance to the neighbors first. So the neighboring countries will also get the benefit from the projects." She also added, "Work is underway on 15 aviation projects worth Rs. 2,200 crore, 20 rail projects worth Rs....