In Short : In the 2024 budget, Finance Minister Sitharaman appears to deliver on a capital expenditure (capex)-led growth strategy while adhering to fiscal consolidation. This suggests a commitment to boosting economic growth through increased capital investments while maintaining fiscal responsibility and sustainability. In Detail : Budget that will strengthen the economy’s foundation in Amrit […]
Work to combat climate change and enhance millet production: FM Sitharaman urges startups – EQ Mag
Bengaluru : Union Finance Minister Nirmala Sitharaman on Saturday appealed to startups to touch upon less glamorous areas including climate change, millet production and improving the condition of farmers. Addressing a national level summit to promote startups, Sitharaman emphasised more on climate change and asked the startups to find a solution to combat it as […]
Power Package: ₹45,000 cr liquidity for NBFCs; ₹90,000 cr for discoms
FM Sitharaman announced ₹30,000 cr liquidity facility for NBFCs, housing finance companies and MFIs Among other big bang announements, Finance Minister Nirmala Sitharaman on Wednesday announced collateral free automatic loans for businesses, including MSMEs, up to ₹3 lakh crore. She also said ₹45,000 crore liquidity will be infused into NBFCs through partial credit guarantee […]
EVs to take precedence in public transport; cleaner systems to be incentivised, says FM Sitharaman
FM Nirmala Sitharaman said that the government has worked to incentivise transition towards cleaner systems, develop quality public transport, and generate renewable energy The government has established that incentives will be given to manufacturers who move away from fossil fuels and towards renewable energy-based mobility systems, Finance Minister Nirmala Sitharaman said during a recent interaction […]
