Finance Minister

Finance Minister Nirmala Sitharaman has urged the heads of insurance companies to quickly settle the pending claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana. FinMin was meeting with heads of insurers under the Pradhan Mantri Garib Kalyan Package scheme. Reportedly, a total of 419 claims amounting to Rs 209.5 crore have been paid under the scheme. Moreover, Sitharaman also assessed the claims made under Pradhan Mantri Suraksha Bima… read-more

In its newly-constituted Cabinet, Assam got its first female Finance Minister in Ajanta Neog. The five-time MLA is appointed by the newly-sworn Assam Chief minister Himanta Biswa Sarma, who had held the same portfolio in the last Cabinet. Expressing her joy, the 46-year-old Finance Minister stated, "I am very happy that the honourable chief minister has entrusted this responsibility on me this is the time to work for people."

Finance Minister Nirmala Sitharaman, on March 26, released the BJP's manifesto for Puducherry Assembly Elections. Pointedly women-centric, the manifesto vows loan waivers and interest-free credit for self-help groups, 50% reservation in government institutions, free KG education and public transportation, besides accessible healthcare. Additionally, the manifesto, addressing education, employment and tourism, promised a separate school… read-more

Finance Minister Nirmala Sitharaman on March 20 stated the government will look for alternative sources of crude oil supply. She said the new chains will ensure a sustained fuel procurement. However, the minister assured that it will not affect the fuel prices in the nation. Meanwhile, both the Centre and State governments will deliberate on the impact of rising fuel prices, She added. Besides, Sitharaman informed, food inflation was being… read-more

Minister Anurag Thakur on March 9 stated that the Centre has no plans of imposing any new taxes on diesel and petrol. Earlier during Budget 2021, Finance Minister Nirmala Sitharaman had announced agricultural tax at Rs 2.5 and Rs 4 on petrol and diesel respectively. Moreover, answering to question on the inclusion of petroleum products in the GST ambit, Thakur said, inclusion “will require the recommendation of the GST Council."