FDI inflows were robust in 2019 despite headwinds, says FM

Government will invite suggestions on further opening up the aviation, media and animation sectors to FDI, in consultation with all stakeholders, said Finance Minister Nirmala Sitharaman while presenting the Union Budget today. Continue Reading

Budget: Sitharaman discards briefcase, carries ‘bahi-khata’

In a departure from the past, India’s first full-time woman Finance Minister Nirmala Sitharaman carried the Union Budget documents in a red bag, reminiscence of the traditional ‘bahi-khata’. Earlier, finance ministers in different governments used to carry a briefcase to present budget, which was considered as a tradition of colonial past. Continue Reading

Budget: Programmes will be accelerated, red tape reduced, says FM

Finance Minister Nirmala Sitharaman today said the NDA government had set the ball rolling for a ‘New India’ in its first term and programmes will be accelerated and red tape reduced going forward. Continue Reading

Budget 2019: India bridging rural-urban divide, says Finance Minister

Schemes such as Bharat Mala, Sagarmala and UDAN are bridging rural urban divide and improving transport bridging rural urban divide and improving transport infrastructure, said Finance Minister Nirmala Sitharaman while presenting the Union Budget today. Continue Reading

Nirmala Sitharaman is 2nd woman to present Union Budget

Sitharaman (59) began presenting the Modi 2.0 government’s maiden budget in the Lok Sabha today. Prior to the presentation, the Union Cabinet headed by Prime Minister Narendra Modi approved the Budget for 2019-20. Continue Reading