Startups in India: PM Narendra Modi, she told a think-tank here, has himself engaged with startups and the government’s policies have created an enabling environment as a result of which there are over 100 unicorns in India.
Sitharaman made the remarks at the prestigious Brookings Institute think-tank during a fireside chat with eminent economist Eshwar Prasad.
Bharat Rashtra Samithi news: Nirmala Sitharaman said that when Telangana state was formed in 2014, it was a revenue surplus state.
The Finance Minister interacted with the vendors and even bought vegetables from them. While interacting with the vendors she asked them about the difficulties they experienced.
Finance Minister Nirmala Sitharaman had accused then Congress government of implementing half-baked reforms where the economy was not opened in the right way but as per the strictures imposed by the IMF.
Sitharaman on student growth: Sitharaman at an event here said India's higher education was no less when compared to global universities and people who have studied in Indian universities were the second largest contingent when it comes to managing the best of companies around the world.
The budget for the next year will be addressing critical issues of high inflation, job creation, boosting demand, and putting the economy on a sustained 8 percent-plus growth path.
Inflation management cannot be singularly left to the monetary policy, which has proved totally ineffective in many countries, Sitharaman said.
Union Minister said since March-April 2020, the Centre has been providing rice priced at Rs 30-Rs 35 free of cost without the State government and the beneficiaries having to contribute anything.
From March-April 2020, the Centre has been providing rice, priced at Rs 30-Rs 35, free of cost without the state government and the beneficiaries having to contribute anything.
Telangana has been given Rs 20,000 crore under the Mahatma Gandhi National Rural Employment Guarantee scheme in the past eight years.
Indian economy news: Meanwhile, Congress party leader Rahul Gandhi on Friday made a sharp attack on Finance Minister Nirmala Sitharaman for her handling of the Indian economy.
AAP MP Raghav Chadhamet met Union Finance Minister Nirmala Sitharaman in the national capital and sought a rollback of 12 percent GST on inns near the Golden Temple in Amritsar.
Nirmala Sitharaman in Rajya Sabha: The finance minister said that the government has adopted a targeted approach based on ground-level inputs to tackle retail inflation which is ruling at around 7 per cent.
Replying to supplementaries, Sitharaman said interventions that are happening from the RBI side are more for containing volatility that is happening between the Indian rupee and the US dollar and so on.
Chinese mobile manufacturers issued tax evasion notice: Three Chinese smartphone manufacturers have been issued tax evasion notice by the government.
Nirmala Sitharaman on inflation: No question of India getting into stagflation or recession as macroeconomic fundamentals of the economy are strong, Sitharaman said while replying to the opposition's statements that India will also be in a condition being faced by Sri Lanka, Pakistan.
Nirmala Sitharaman, India's finance minister, countered the Opposition's uproar over price rise and assured that the Indian economy is still the fastest growing economy.
Sonia Gandhi-Smriti Irani face-off: Congress MPs are likely to meet Lok Sabha Speaker to complain against BJP MPs and Council of Ministers who were present in the confrontation with Congress interim president Sonia Gandhi.
GST News: The government has exempted GST from being levied on several food items if they are sold in loose. Check out the list.
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