Narrowminded nationalism cannot be justified in case of Corona vaccine: Indian Finance Minister warns developed countries

Narrowminded nationalism cannot be justified in case of Corona vaccine: Indian Finance Minister warns developed countries

New Delhi: – Indian Finance Minister Nirmala Sitharaman warned that when the world faces the Corona crisis, the nationalism card cannot be played in respect of the vaccines. The supply of technology and raw materials cannot be stopped in these times, pointing to intellectual property rights. The developed countries will have to adopt a liberal […]

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Centre agrees to provide additional Rs 2.38 lakh crore as non-lapsable fund for modernisation of armed forces

Centre agrees to provide additional Rs 2.38 lakh crore as non-lapsable fund for modernisation of armed forces

New Delhi: Union Finance Minister Nirmala Sitharaman announced that the union government has approved the Non-Lapsable Defence Fund recommendation. As per this, Non-Lapsable Defence Fund of Rs 510 billion will be allocated per year, for the next five years, amounting to Rs 2.38 trillion. This will accelerate the modernisation of the defence forces. Confidence is […]

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Budget has laid foundation for economic revival: Finance Minister Nirmala Sitharaman

Budget has laid foundation for economic revival: Finance Minister Nirmala Sitharaman

New Delhi: The capital fund for rail and road construction has been raised by 34.4% in the budget 2021-22. This enormous capital fund investment for development in the recent budget has laid the foundation for national development, asserted Union Finance Minister, Nirmala Sitharaman. Sitharaman expressed this faith while responding to a press conference on this […]

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FDI limit raised to 74% in the insurance sector; this decision will strengthen the insurance sector, analysts claim

FDI limit raised to 74% in the insurance sector; this decision will strengthen the insurance sector, analysts claim

New Delhi: A major decision was announced in the Union budget, strengthening the insurance sector. The Foreign Direct Investment (FDI) limit for the insurance sector increased from 49% to 74%. Since the last few years, demand was being made that the FDI limit in the insurance sector should be raised. The decision is welcomed by […]

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Union Finance Minister inaugurates Doorstep Banking Services

Union Finance Minister inaugurates Doorstep Banking Services

New Delhi: – The public sector banks in India will start providing Doorstep Banking services soon. Union Finance Minister Nirmala Sitharaman inaugurated the service. This will make the banks more customer-friendly, and the public sector banks will be providing the regular services at the customer’s doorstep. These services will be provided through Doorstep Banking agents. […]

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Foreign investors showing faith in Indian economy: Finance Minister Nirmala Sitharaman

Foreign investors showing faith in Indian economy: Finance Minister Nirmala Sitharaman

New Delhi: Union Finance Minister Nirmala Sitharaman said ‘Foreign investors are showing faith in the Indian economy. That is the reason for the Direct Foreign Investment of $20 billion even during the Coronavirus Crisis.’ Union Finance Minister Nirmala Sitharaman also said ‘The Indian government is committed to making the necessary economic reforms to attract foreign […]

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India’s first-ever ‘Kisan Train’ flagged off from Deolali in Maharashtra

India’s first-ever ‘Kisan Train’ flagged off from Deolali in Maharashtra

Nashik: The first-ever ‘Kisan Train’ service, for transporting vegetables, fruits and other perishables, was started in the country on Friday. Union Minister for Agriculture Narendra Singh Tomar and Railway Minister Piyush Goyal green signalled the train, via videoconferencing. Currently, the train will run, once a week, between Deolali, near Nashik and Danapur Station in Bihar. […]

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Union government introduces equity infusion for the MSME sector   

Union government introduces equity infusion for the MSME sector   

New Delhi/ Mumbai: The government has announced extensive measures for the Micro, Small and Medium Enterprises (MSME) sector that provides employment to 11 crore people and holds 21% contribution to the Indian GDP. On Monday, the Union Ministry approved a package worth ₹70,000 crores for the sector. Besides, it also includes equity worth ₹50,000 crores. […]

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