Page-2 of Nirmala Sitharaman
FM addressed USISPF-Global Investors Meet
Finance Minister, Nirmala Sitharaman, addressed the Global Investors Roundtable organised by US-India Strategic Partnership Forum (USISPF) on June 24, 2021. Highlights While addressing the investor’s meet she asserted that; continuous reforms make India a great place to do business. She ..
Month: Current Affairs - June, 2021
How will GST Exemption lead to Price rise?
The West Bengal Chief Minister recently requested the Prime Minister Narendra Modi to exempt COVID medicines and oxygen tanks from taxes. Several other states such as Odisha were also asking for tax exemption on key medicines. The Finance Minister Nirmala ..
Month: Current Affairs - May, 2021
RBI’s second purchase under G-SAP 1.0
The Governor of Reserve Bank of India Shaktikanta Das recently announced that the apex bank will make the second purchase of Government securities under the G-Sec Acquisition Programme 1.0 on May 20, 2021. The first purchase was made in April ..
Month: Current Affairs - May, 2021
What is Ethereum 2.0?
The Ethereum is a crypto currency. Recently, it was launched in a faster, cheaper and more environmentally friendly platform, as the upgraded version called ‘Ethereum 2.0’. What is Ethereum? Ethereum is a decentralised and open source blockchain platform, which is ..
Month: Current Affairs - December, 2020
India attends first BRICS Finance Ministers and Central Bank Governors’ Meet
On November 10, 2020, India attended first BRICS Finance Ministers and Central Bank Governors’ meet. The Finance Minister Nirmala Sitaraman represented India at the meet. Key Highlights During the meet, the finance ministers observed that BRICS members have delivered significant ..
Month: Current Affairs - November, 2020
Deadline to payments under Vivad se Vishwas scheme extended
On October 27, 2020, the Government of India extended the deadline for making payment under the Vivad se Vishwas scheme. The deadline has been extended to March 31, 2021. The deadline is being extended for the third time under this ..
Month: Current Affairs - October, 2020
GST Compensation: Rs 6,000 crores tranfered to 16 states
On October 23, 2020, the Government of India transferred Rs 6000 crores to 16 states and two union territories as the first tranche. The interest rate has been fixed at 5.19 %. Key highlights Over 21 states had opted for ..
Month: Current Affairs - October, 2020
Finance Minister Nirmala Sitaraman chairs 43rd GST Council Meet
On October 12, 2020, the Finance Minister Nirmala Sitaraman chaired 43rd GST Council Meet. The council for the third time discussed the issue of revenue shortfall of states. Before the meet, the minister announced a slew of economic measures to ..
Month: Current Affairs - October, 2020
Finance Minister announces Festival Advance scheme, LTC Cash Voucher Scheme
On October 12, 2020, the Finance Minister Nirmala Sitaraman Announced the Special Festival Advance Scheme and LTC Cash Voucher Scheme. The schemes were launched to boost the demand in the country. In all, the GoI has allocated Rs 73,000 crores ..
Month: Current Affairs - October, 2020
42nd GST Council Meet held
On October 5, 2020, Finance Minister Smt Nirmala Sitaraman chaired the 42nd GST Council Meet. Key Highlights The GST Council could not finalize borrowing plans of states to meet the compensation short fall after eight hours of meet. 18% of ..