Finance

Shri Anurag Thakur takes charge as Minister of State for Finance & Corporate Affairs Shri Anurag Singh Thakur assumed charge of office as the Union Minister of State (MoS) for Finance & Corporate Affa...

Smt. Nirmala Sitharaman assumed charge as the Union Minister of Finance & Corporate Affairs here today. She was greeted at the office in North Block by Minister of State for Finance & Corporate Affair...

Shri. Arun Jaitley1. It has become a routine practice to call any action against corruption as political vendetta. Claim of vendetta has never been a legitimate defence in corruption. Those who commit...

Press Information Bureau Government of IndiaPrime Minister’s Office01-February-2019 16:41 ISTThe Budget for New India will energise the nation, says PM Budget will empower the poor, give a boost to th...

Fiscal deficit down to 3.4%; average inflation 4.6% FDI of USD 239 BN in five years Banks recover Rs 3 Lakh Crores in outstanding loans Under the leadership of the Prime Minister, Shri Narendra Modi,...

Gem platform extended to all CPSES Government undertakings to procure a fixed proportion of materials from women owned SMEsThe Government has taken several measures to strengthen the Medium, Small and...

Rs. 1330 Crore provided in the Interim Budget 2019-20 for the Mission for Protection and Empowerment for Women An amount of Rs.1330 Crore has been provided in the Interim Budget for 2019-20 for the Mi...

Fiscal Programme for 2019-20 and beyond Fiscal deficit pegged at 3.4% of GDP for 2019-20 In 2019-20 be, total expenditure rises by 13.30% over 2018-19 re 35.6% increase in allocation for welfare of SC...

‘Pradhan Mantri Shram-Yogi Maandhan’ for unorganised sector workers with monthly income upto Rs. 15,000; 10 Crore Labourers and workers in the sector to be benefitted The Government proposes to launch...

Infra allocation for north eastern areas increased by 21% to Rs. 58,166 Crore in 2019-20 In the Interim Budget 2019-20, the Railways has been allocated Rs.64,587 crore. The Railways’ overall capital e...

Union Minister Shri Piyush Goyal, temporarily assigned charges of Minister of Finance and Minister of Corporate Affairs in addition to his existing portfolios.President’s SecretariatPRESS COMMUNIQUÉPo...

The Indian Government has made significant strides in the last 4 years in taking India to new heights in terms of the welfare of the citizenry, the overall structure& growth of the economy, and creati...

Press Information Bureau Government of IndiaMinistry of FinanceDated: 20-December-2018Government moves to enhance bank recapitalisation outlay to Rs. 1,06,000 crore in the current financial year PSBs...

Press Information BureauGovernment of IndiaMinistry of FinanceDated: 04-December-2018Union Finance Minister exhorts investigative agencies to maintain high standards of professionalism Shri Arun Jaitl...

Following is the Text of the Article written by the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley on completion of two years of Demonetisation entitled “ Impact of Demonitisation”...

The government has recently announced a quick loan scheme for MSME Sector, in which they claim to approve the loan in less than an hour. They have launched a dedicated portal to apply for the loan: ht...

Web portal www.psbloansin59minutes.com is a Transformative initiative in MSME credit space which will enable in principle approval for MSME loans up to Rs. 1 crore within 59 minutes from SIDBI and 5 P...

Firm and Decisive Government Action taken to preserve value and assets of IL& FSGovernment stands fully committed to ensure much needed liquidity arranged for the IL& FS from the financial system so t...

Finance Minister launches web portal www.psbloansin59minutes.comTransformative initiative in MSME credit space will enable in principle approval for MSME loans up to Rs. 1 crore within 59 minutes from...

USD/INR Update: Change in CallThe famous English economist John Maynard Keynes is known have to have retorted to a critic who pointed out that his predictions and policies changed all too often –“I ch...