Nirmala Sitharaman highlights the critical issues facing developing economies and proposes collaborative strategies to bridge the financing gap essential for achieving sustainable development goals (SDGs)
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Gopinath acknowledges the vibrancy of the Indian economy and the strength of the country's relationship with the International Monetary Fund (IMF)
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She says, "The Reserve Bank and the government are repeatedly telling the banks to pay attention to their core business activities"
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The Centre has taken an initiative to introduce a scheme for internship opportunities for the youth in the top 500 companies of India as part of the Union Budget 2024-25
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The budget's broader commitment to making India a premier global travel destination through targeted investments and strategic initiatives is seen as a positive move
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The much-anticipated removal of the angel tax is hailed as a pivotal development, aimed at eliminating barriers for early-stage companies and attracting a surge of domestic and foreign investment
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Prior to the budget, the Department for Promotion of Industry and Internal Trade (DPIIT) had recommended the removal of the angel tax, following consultations with the startup community
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“For us, reforms are a means to improve the lives of 140 crore Indians. After the introduction of GST, goods for household use have become much cheaper,” says FM.
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During the session, labour unions voiced several pressing concerns and proposed reforms aimed at protecting employee rights, enhancing social welfare, and ensuring equitable economic growth.
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Nirmala Sitharaman’s reappointment as the Union Minister of Finance not just reaffirms the Modi government’s faith in her but also signals the continuity of India’s economic reforms. As she takes her mandate forward in NDA 3.0, here is a recap of her key achievements so far as FM
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