Finance Minister

Following Finance Fee report until the final phrase for switch to States, says FM Sitharaman

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Finance Minister Nirmala Sitharaman on Wednesday refuted allegations by the Karnataka authorities about tax devolution and grants-in-aid over the previous few years. She additionally alleged that ruling Congress is talking the “language of separatism”. In the meantime, in an in depth observe about clarification on Karnataka authorities’s claims on tax devolution, the Finance Ministry mentioned that … Read more

NARCL and PSBs ought to carefully coordinate to expedite on-boarding of pressured accounts: FM

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Finance Minister Nirmala Sitharaman on Saturday directed Nationwide Asset Reconstruction Firm Ltd (NARCL) to additional enhance its performing on acquisition of pressured accounts. NARCL and banks ought to maintain common conferences to expedite the on-boarding of pressured accounts, Sitharaman mentioned within the assessment assembly she chaired with chief executives of public sector banks right here. … Read more