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Thursday, April 25, 2024

Nirmala Sitharaman

45-Day Payment Rule for MSMEs: Concerns Raised

The finance ministry is deliberating over potential adjustments to the new income tax rule mandating business enterprises to settle payments to micro, small, and medium enterprises (MSMEs) within 45 days. Concerns have been raised from various quarters, with some...

Indian Agriculture Initiatives: A New Dawn

Indian Agriculture Initiatives have taken a significant leap as Union Finance Minister Smt. Nirmala Sitharaman and Union Agriculture Minister Sh. Narendra Singh Tomar unveiled a series of transformative actions. These are aimed at revolutionizing agriculture, enhancing financial inclusion, optimizing...

The Budget Story 2023 The List of SaptaRishis : SMEVenture

Here are some of the finest points extracted from the Budget 2023 laid out by the Honourable Finance Minister Nirmala Sitharaman: Key focus is on empowering youth, Digi locker, Data Emabssy, Agri acceletor fund, AI innovative Lab, Green Hydrogen mission to lessen...

Nirmala Sitharaman announces relief package of Rs 6,28,993 crore to support Indian economy in fight against COVID-19 pandemic

Rs 1.1 lakh crore loan guarantee scheme for COVID affected sectors • Additional Rs 1.5 lakh crore for Emergency Credit Line Guarantee Scheme • Credit Guarantee Scheme to facilitate loans to 25 lakh persons through Micro Finance Institutions (MFIs) • Financial support...

Nirmala Sitharaman meets heads of insurance companies for faster claim settlement

FM emphasizes for streamlining  process and documentation requirements under the schemes for enabling speedy claims  disbursement Under PMJJBY1.2 lakh claims of Rs. 2,403 crore paid with disposal rate of 99% since 1st April 2020 till date Union Finance Minister Smt Nirmala...

Nirmala Sitharaman attends virtual G20 Finance Ministers and Central Bank Governors Meeting

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated virtually in the First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Italian Presidency here today to discuss policy actions for transformative and equitable recovery...

Union Budget 2021-22: Agricultural Produce Marketing Committees (APMCs) to get access to Agriculture Infrastructure Fund

In the Union Budget 2021-22, Finance Minister, Nirmala Sitharaman, announced that Agricultural Produce Marketing Committees (APMCs) will become eligible beneficiaries to utilize the 1 lakh crore financing facility under Agriculture Infrastructure Fund (AIF) to enhance infrastructure at regulated markets,...

GOVERNMENT TO INTRODUCE SINGLE SECURITIES MARKETS CODE

SUPPORT FOR DEVELOPMENT OF A WORLD CLASS FIN-TECH HUB AT GIFT-IFSC A PERMANENT INSTITUTIONAL FRAMEWORK TO BE CREATED TO PURCHASE INVESTMENT GRADE DEBT SECURITIES WAREHOUSING DEVELOPMENT AND REGULATORY AUTHORITY TO SET UP A COMMODITY MARKET ECO SYSTEM ARRANGEMENT TO DEVELOP AN INVESTOR...

Directorate of Revenue Intelligence (DRI) is celebrating its 63rd Founding Day on the 4th of December

The Directorate of Revenue Intelligence (DRI) is celebrating its 63rd Founding Day on Friday, the 4th of December, 2020. In view of the COVID-19 pandemic and the guidelines issued by the Ministry of Health and Family Welfare and Ministry of Home...

FM announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan

Rs 40,000 crore  increase in allocation for MGNREGS to provide employment boost Increased investments in Public Health and other health reforms to prepare India for future pandemics Technology Driven Education with Equity post-COVID Further enhancement of Ease of Doing...
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MSME Loan Schemes 2024: Empowering Growth and Sustainability

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to GDP, employment generation, and...
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