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Economic package: Banks to go all out in pushing MSME loans

23.05 - 11:17

Lockdown concerns: Restaurant association meets Nirmala Sitharaman

22.05 - 09:15

RBI Governor Press Conference Live Updates: Shaktikanta Das expects GDP growth to be negative

22.05 - 05:59

NBFCs disappointed by stimulus package details, write to FM Sitharaman

21.05 - 14:15

Govt to help migrants in coming back when industrial activities resume: Nirmala Sitharaman

20.05 - 16:26

I've done the best for India Inc: Sitharaman on stimulus package

19.05 - 20:27

Nirmala Sitharaman LIVE Updates: FM announces economic package for agriculture

Narendra Modi Nirmala Sitharaman city New Delhi India economy Government Coronavirus Updates

15.05.2020 - 11:53

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livemint.com:

NEW DELHI : Finance Minister Nirmala Sitharaman is releasing the third tranche of the ₹20 lakh crore economic package today with a focus on agriculture, fisheries and allied activities.

In the previous two parts of the package, FM's focus was on MSMEs, NBFCs, MFIs, migrant workers, street vendors and small farmers.

Prime Minister Narendra Modi has declared that the package is aimed at making India self-reliant. He has also hinted at bringing in several reforms to revive the Indian economy hit by the nationwide spread of the contagious coronavirus disease and the prolonged lockdown. Nirmala Sitharaman press conference LIVE Updates: -Focus has been on short term crop loans while investment in long term agriculture infrastructure has often

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Nirmala Sitharaman - Economic package: Banks to go all out in pushing MSME loans - livemint.com - India - city Mumbai

23.05.2020 / 11:17

Economic package: Banks to go all out in pushing MSME loans

MUMBAI : After finance minister Nirmala Sitharaman met heads of public sector banks on Friday, lenders said they plan to zealously implement the government’s plan for credit push to small businesses.

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Nirmala Sitharaman - FM reviews readiness of PSBs to implement stimulus package - livemint.com - city New Delhi - India

22.05.2020 / 19:33

FM reviews readiness of PSBs to implement stimulus package

PSBs have sanctioned ₹6.68 tn in loans to small biz, retail, agri and corporate sectors between 1 March and 19 May

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Nirmala Sitharaman - Lockdown concerns: Restaurant association meets Nirmala Sitharaman - livemint.com - city New Delhi - India

22.05.2020 / 09:15

Lockdown concerns: Restaurant association meets Nirmala Sitharaman

NEW DELHI: As the restaurant industry stares at significant job losses amid a slump in business due to the covid-19 lockdown and after the government's stimulus package offered little relief to the sector, the National Restaurant Association of India (NRAI) met finance minister Nirmala Sitharaman to seek policy and liquidity support.

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Nirmala Sitharaman - Shaktikanta Das - RBI Governor Press Conference Live Updates: Shaktikanta Das expects GDP growth to be negative - livemint.com - city New Delhi - India

22.05.2020 / 05:59

RBI Governor Press Conference Live Updates: Shaktikanta Das expects GDP growth to be negative

NEW DELHI : In his third such address since the coronavirus-induced lockdown began on March 25, Reserve Bank of India (RBI) Governor Shaktikanta Das is now holding a press conference. After the lockdown began, Das had slashed the benchmark interest rate (repo rate) by a massive 75 basis points and also announced a three-month moratorium to be given by banks to provide relief to borrowers whose income has been hit due to the lockdown.

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Nirmala Sitharaman - NBFCs disappointed by stimulus package details, write to FM Sitharaman - livemint.com - India - city Mumbai

21.05.2020 / 14:15

NBFCs disappointed by stimulus package details, write to FM Sitharaman

In a letter sent to FM on Wednesday, FIDC, the representative body of NBFCs, has sought changes to the three liquidity schemes - ₹30,000 crore liquidity support scheme, ₹45,000 crore partial credit guarantee scheme and ₹3 lakh crore guaranteed loans for MSMEs

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Narendra Modi - Union Cabinet - Nirmala Sitharaman - FM Sitharaman to meet PSU bank chiefs tomorrow, to review credit flow - livemint.com - city New Delhi - India

21.05.2020 / 13:19

FM Sitharaman to meet PSU bank chiefs tomorrow, to review credit flow

NEW DELHI : Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) on Friday to discuss various issues, including loan disbursement, as part of efforts to revive the economy reeling under the COVID-19 impact, sources said.

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Nirmala Sitharaman - Govt to help migrants in coming back when industrial activities resume: Nirmala Sitharaman - livemint.com - city New Delhi - India

20.05.2020 / 16:26

Govt to help migrants in coming back when industrial activities resume: Nirmala Sitharaman

NEW DELHI : As industrial and economic activities resume with easing of restrictions amid the Covid-19 countrywide lockdown, Finance Minister Nirmala Sitharaman said on Wednesday that the government will make plans for migrant workers to return back to cities and towns.

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Narendra Modi - Union Cabinet - ₹20 trillion covid-19 package - livemint.com - city New Delhi

20.05.2020 / 11:13

₹20 trillion covid-19 package

NEW DELHI: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday cleared some key proposals of the government’s ₹20 trillion economic package for the poor and businesses hit by the novel coronavirus pandemic.

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Nirmala Sitharaman - I've done the best for India Inc: Sitharaman on stimulus package - livemint.com - India

19.05.2020 / 20:27

I've done the best for India Inc: Sitharaman on stimulus package

Just as India was showing initial signs of emerging from a slowdown, finance minister Nirmala Sitharaman was forced to confront a totally unexpected challenge: a pandemic. The government had to redraw battle plans and impose a lockdown, which triggered an economic collapse. Over the course of last week, the finance minister has outlined the contours of a ₹20 trillion stimulus package. In an interview on Tuesday, Sitharaman defended the government’s decisions and said it will not hesitate to take more steps to support Indian businesses. Edited excerpts:

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Narendra Modi - Markets tank as FM Sitharaman’s stimulus disappoints - livemint.com - India

18.05.2020 / 21:07

Markets tank as FM Sitharaman’s stimulus disappoints

Indian markets plunged nearly 3.5% on Monday as disappointment over the stimulus package and soaring coronavirus infections prompted investors to dump stocks.

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Nirmala Sitharaman - Opinion | Solutions for the jigsaw puzzle that is Indian agriculture - livemint.com - India

18.05.2020 / 19:37

Opinion | Solutions for the jigsaw puzzle that is Indian agriculture

There are many stylized facts that illustrate the shackles around Indian agriculture. Local solutions need to emerge, and the Centre should undo the shackles

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Narendra Modi - Cash-strapped India's economic plan unlikely to soften coronavirus blow - livemint.com - city New Delhi - India

18.05.2020 / 16:41

Cash-strapped India's economic plan unlikely to soften coronavirus blow

NEW DELHI : India's $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending, tax breaks or cash support to revive demand and prevent firms from collapsing, business leaders and economists say.

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Nirmala Sitharaman - Government announces final tranche of measures, leaves India Inc in a spot - livemint.com - India

17.05.2020 / 20:25

Government announces final tranche of measures, leaves India Inc in a spot

The government’s much-hyped ₹20-trillion fiscal package disappointed companies who were expecting big-bang stimulus measures to revive the economy that has remained almost idle for most of the past two months, leaving stock markets vulnerable to a swift pullback.

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Narendra Modi - Lockdown 4.0 extended to 31 May, Red zones open to economic activities - livemint.com - city New Delhi

17.05.2020 / 15:07

Lockdown 4.0 extended to 31 May, Red zones open to economic activities

NEW DELHI : Continuing its attempt to provide fillip to the economy whilst combating the spread of covid-19, the Union government on Sunday announced an extension to the ongoing lockdown till 31 May.

Narendra Modi city New Delhi covid-19 guidelines economy Government

Narendra Modi - Lockdown extended to 31 May, MHA yet to announce guidelines - livemint.com - city New Delhi

17.05.2020 / 14:59

Lockdown extended to 31 May, MHA yet to announce guidelines

NEW DELHI : Continuing its attempt to combat the spread of covid-19, the Union government on Sunday announced an extension to the ongoing lockdown till 31 May.

Narendra Modi city New Delhi covid-19 guidelines Government

Narendra Modi - Fifth tranche of economic package will revitalise village economy: PM Modi - livemint.com - city New Delhi - India

17.05.2020 / 13:31

Fifth tranche of economic package will revitalise village economy: PM Modi

NEW DELHI : The fifth and last tranche of economic stimulus announced by the government on Sunday will boost entrepreneurship, help public sector units and revitalise the village economy, Prime Minister Narendra Modi has said.

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Nirmala Sitharaman - ₹15,000 crore for health related measures’: Sitharaman - livemint.com

17.05.2020 / 13:13

₹15,000 crore for health related measures’: Sitharaman

Finance Minister Nirmala Sitharaman announced the ... moreFinance Minister Nirmala Sitharaman announced the final tranche of the economic package.

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Nirmala Sitharaman - Sitharaman’s day 5 steps: higher MNREGS outgo; privatization; no fresh IBC case - livemint.com - city New Delhi

17.05.2020 / 13:12

Sitharaman’s day 5 steps: higher MNREGS outgo; privatization; no fresh IBC case

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday concluded the 5-day-long series of announcements on the Rs20 trillion financial package that the government hopes will revive the covid-struck economy. Built on the pillars of land, labour, liquidity and laws, today’s package is aimed at increasing government spending on rural jobs; privatizing government companies while ensuring former have a role in strategic sectors; scrapping or rewriting laws for a more business-friendly environment and removing fear of law among firms facing bankruptcy due to covid.

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Nirmala Sitharaman - Top-100 universities permitted to start online courses automatically by 30 May: Sitharaman - livemint.com - city New Delhi - India

17.05.2020 / 09:29

Top-100 universities permitted to start online courses automatically by 30 May: Sitharaman

NEW DELHI : Finance Minister Nirmala Sitharaman on Sunday pushed for promotion of digital-education in India in a post-coronavirus era and announced 'PM eVIDYA' programme for multi-mode access to e-education under which top 100 universities would be permitted to start online courses by May 30.

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Nirmala Sitharaman - Covid-19 package: Govt to set up public health laboratories at block levels - livemint.com - city New Delhi - India

17.05.2020 / 08:55

Covid-19 package: Govt to set up public health laboratories at block levels

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday announced setting up of public health laboratories at block levels, a move that will boost testing facilities in rural India.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government

Nirmala Sitharaman - Jan Dhan - DBT played crucial role in implementing PM Garib Kalyan Yojana, says Sitharaman - livemint.com - city New Delhi

17.05.2020 / 08:25

DBT played crucial role in implementing PM Garib Kalyan Yojana, says Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Sunday said the government’s technology-driven direct benefit transfer (DBT) has been crucial in implementing PM Garib Kalyan Yojana that was rolled out to provide relief to the poor and vulnerable amid the covid-19 crisis.

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Nirmala Sitharaman - Covid-19 relief package: India to suspend bankruptcy code for one year - livemint.com - city New Delhi - India

17.05.2020 / 08:25

Covid-19 relief package: India to suspend bankruptcy code for one year

NEW DELHI: India will suspend bankruptcy proceedings for one year so that companies are not dragged into tribunals at a time they are trying to get back on their feet, finance minister Nirmala Sitharaman said on Sunday.

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Nirmala Sitharaman - 'One channel for one class', FM announces help for students who don't have internet access - livemint.com

17.05.2020 / 07:37

'One channel for one class', FM announces help for students who don't have internet access

Sitharaman also announced that provisions are being made for telecast of live interactive sessions for online education.

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Narendra Modi - Nirmala Sitharaman - Nirmala Sitharaman LIVE: Economic package finale keeps everyone guessing - livemint.com - city New Delhi - India

17.05.2020 / 06:21

Nirmala Sitharaman LIVE: Economic package finale keeps everyone guessing

NEW DELHI : Finance minister Nirmala Sitharaman is expected to make some key announcements today as she addresses the fifth and last press conference on the ₹20 lakh crore economic package announced by Prime Minister Narendra Modi earlier. To revive the Indian economy hit by the impact of coronavirus, the Modi government has decided to make India 'self-reliant' with a combination of several reforms, fiscal and liquidity measures. PM Modi has said that the measures and reforms will create many business opportunities and contribute to economic transformation.

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Nirmala Sitharaman - ₹20 trillion economic package today - livemint.com - city New Delhi

17.05.2020 / 04:49

₹20 trillion economic package today

Sitharaman will announce the last tranche of ₹20 lakh crore stimulus package at 11 am today

Nirmala Sitharaman city New Delhi covid-19 Government crisis

Narendra Modi - Nirmala Sitharaman - Fourth tranche of economic package will boost job opportunities: Narendra Modi - livemint.com - city New Delhi

16.05.2020 / 16:29

Fourth tranche of economic package will boost job opportunities: Narendra Modi

NEW DELHI : The economic measures announced by his government on Saturday will create many business opportunities and contribute to economic transformation, Prime Minister Narendra Modi said.

Narendra Modi Nirmala Sitharaman city New Delhi covid-19 pandemic Government

Nirmala Sitharaman - FM Sitharaman fast tracks industrial reforms to aid growth recovery - livemint.com - India

16.05.2020 / 16:01

FM Sitharaman fast tracks industrial reforms to aid growth recovery

Experts said the measures announced on Saturday were much needed industrial reforms addressing the supply side rather than being stimulus measures

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Nirmala Sitharaman - Govt announces slew of measures for indigenization of defence production - livemint.com - India

16.05.2020 / 13:11

Govt announces slew of measures for indigenization of defence production

FM Nirmala Sitharaman said the government would also put out a list of weapons and platforms that would only be purchased from the domestic industries and not from foreign vendors

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Nirmala Sitharaman - 6 airports to be auctioned under public private partnership model: Nirmala Sitharaman - livemint.com - India

16.05.2020 / 13:11

6 airports to be auctioned under public private partnership model: Nirmala Sitharaman

Restrictions on the utilisation of Indian air space will be eased so that civilian flying becomes more efficient, Finance Minister Nirmala Sitharaman today said while announcing details of the ₹20 lakh crore stimulus package. "This will bring a total benefit of ₹1,000 crore per year for the aviation sector," Nirmala Sitharaman said.

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Nirmala Sitharaman - Union territories power discoms to be privatised: Nirmala Sitharaman - livemint.com - India - county Union

16.05.2020 / 13:11

Union territories power discoms to be privatised: Nirmala Sitharaman

'It will lead to better services to consumers and improvement in operational and financial efficiency in distribution,' FM Nirmala Sitharaman said

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Nirmala Sitharaman - Govt announces reforms for coal, aviation, minerals, defence production sectors - livemint.com - city New Delhi - India

16.05.2020 / 12:21

Govt announces reforms for coal, aviation, minerals, defence production sectors

NEW DELHI: Finance minister Nirmala Sitharaman on Saturday announced reform measures for civil aviation, coal, minerals, defence output, electricity distribution, and atomic energy sectors.

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Narendra Modi - Nirmala Sitharaman - Rahul Gandhi - Nirmala Sitharaman LIVE Updates: FM to release 4th part of economic package - livemint.com - city New Delhi - India

16.05.2020 / 11:31

Nirmala Sitharaman LIVE Updates: FM to release 4th part of economic package

NEW DELHI : After having announced economic package and relief measures for farmers, migrant labourers, MSMEs, SMEs, NBFCs, MFIs and other categories, Finance Minister Nirmala Sitharaman will release the fourth tranche of her ₹20 lakh crore economic package today. As announced the Prime Minister Narendra Modi earlier, the stimulus to revive the Indian economy hit by coronavirus is being released in several tranches. Equivalent to 10% of India's GDP, the economic package includes both fiscal and liquidity measures to make India self-reliant under the 'Aatmanirbhar Abhiyan'.

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Narendra Modi - Nirmala Sitharaman - Rahul Gandhi - Govt must rethink economic package, give money directly to needy: Rahul Gandhi - livemint.com

16.05.2020 / 09:49

Govt must rethink economic package, give money directly to needy: Rahul Gandhi

Former Congress president Rahul Gandhi on Saturday said the government should rework on the ₹20 trillion economic stimulus package, announced to mitigate the damage caused by the coronavirus pandemic, by giving money directly to people to spur demand instead of focusing on a loan-centric approach.

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Narendra Modi - Nirmala Sitharaman - FM Nirmala Sitharaman unveils scheme to take local produce to global markets - livemint.com - city New Delhi

15.05.2020 / 19:53

FM Nirmala Sitharaman unveils scheme to take local produce to global markets

NEW DELHI : Finance minister Nirmala Sitharaman on Friday unveiled a ₹10,000-crore scheme to support local micro food enterprises to go global.

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Nirmala Sitharaman - Centre to bring new law to reduce farmers' dependence on APMC: Sitharaman - livemint.com - city New Delhi

15.05.2020 / 16:25

Centre to bring new law to reduce farmers' dependence on APMC: Sitharaman

A facilitative legal framework would be created to enable farmers for engaging with processors, aggregators, large retailers, exporters etc in a fair and transparent manner, the FM said

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Nirmala Sitharaman - FMCG companies welcome FM's package for the farm sector - livemint.com - city New Delhi - India

15.05.2020 / 16:25

FMCG companies welcome FM's package for the farm sector

New Delhi: Fast moving consumer goods companies on Friday welcomed the government's third tranche of the economic relief package aimed at supporting and reforming the farm sector, as well as developing infrastructure to support India's agriculture sector.

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Nirmala Sitharaman - Market LIVE: Indian equities seen volatile; SGX Nifty flat - livemint.com - India

15.05.2020 / 04:25

Market LIVE: Indian equities seen volatile; SGX Nifty flat

Welcome to the Mint live blog. Track this space for the latest stock market updates.

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Nirmala Sitharaman - Economic package a hoax, govt failed to send foodgrains it had promised: Mamata Banerjee - livemint.com - city Kolkata

14.05.2020 / 18:57

Economic package a hoax, govt failed to send foodgrains it had promised: Mamata Banerjee

KOLKATA : The TMC on Thursday dubbed the announcements made by Union Finance Minister Nirmala Sitharaman as a hoax and said the Centre had failed to provide West Bengal with the foodgrains it had promised or had sent those of inferior quality.

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Nirmala Sitharaman - ₹2 trillion concessional credit to be extended to farmers through Kisan Credit Cards: Sitharaman - livemint.com - city New Delhi

14.05.2020 / 17:55

₹2 trillion concessional credit to be extended to farmers through Kisan Credit Cards: Sitharaman

NEW DELHI : Finance minister Nirmala Sitharaman on Thursday announced a series of measures to provide credit and relief to farmers, including a ₹2 trillion credit scheme that will cover 2.5 crore farmers not possessing Kisan Credit Cards and ₹30,000 crore additional emergency working capital funding through National Bank For Agriculture and Rural Development (NABARD).

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Nirmala Sitharaman - ₹5,000 crore special credit facility, says FM Sitharaman - livemint.com - city New Delhi - India

14.05.2020 / 13:34

₹5,000 crore special credit facility, says FM Sitharaman

NEW DELHI : Finance Minister Nirmala Sitharaman on Thursday announced the second tranche of ₹20 trillion economic stimulus packages to reboot in the Indian economy hit coronavirus pandemic. The finance minister’s today stimulus packages aimed at helping thousands of street vendors, migrant workers, small traders, the self-employed and small farmers worst hit by COVID-19.

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Nirmala Sitharaman - ₹20 trln package: Free food grains to 80 mln migrant workers for two months - livemint.com - city New Delhi

14.05.2020 / 13:30

₹20 trln package: Free food grains to 80 mln migrant workers for two months

NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said about 80 million migrant workers, not covered under central or state food distribution systems, will be given free rice, wheat and gram or chickpea for the next two months. The measure will cost the central government ₹3,500 crores.

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Nirmala Sitharaman - Govt to launch affordable rental housing scheme, announces FM Sitharaman - livemint.com

14.05.2020 / 12:51

Govt to launch affordable rental housing scheme, announces FM Sitharaman

Finance Minister Nirmala Sitharaman announced the second tranche of ₹20 lakh crore economic stimulus package today. Today's packages aimed at helping thousands of migrant labourers who were the worst hit by COVID-19.

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Nirmala Sitharaman - PDS ration cards to be made portable, says Nirmala Sitharaman - livemint.com

14.05.2020 / 12:49

PDS ration cards to be made portable, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said that PDS ration cards will be made portable, allowing migrant workers to use them at any fair price shop in the country.

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Narendra Modi - Nirmala Sitharaman - Modi’s address on economic package and lockdown 4.0 draws 193 mln TV viewers - livemint.com - city New Delhi - India

14.05.2020 / 12:49

Modi’s address on economic package and lockdown 4.0 draws 193 mln TV viewers

NEW DELHI: Prime Minister Narendra Modi’s address to the nation this week on the ₹20 trillion stimulus package and the extension of the covid-19 lockdown drew 193 million viewers across 197 television channels, according to data from the Broadcast Audience Research Council (BARC).

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Nirmala Sitharaman - 'One nation, one ration card' scheme by March 2021, says Nirmala Sitharaman - livemint.com

14.05.2020 / 12:47

'One nation, one ration card' scheme by March 2021, says Nirmala Sitharaman

While announcing measures for migrant workers, Finance Minister Nirmala Sitharaman today said that 100 per cent of ration cardholders will be covered in 'one nation, one ration card' scheme by March 2021. This was the second day when Nirmala Sitharaman, along with Minister of State (Finance) Anurag Thakur, addressed the media on ₹20 lakh crore Covid-19 relief package announced by PM Narendra Modi while addressing the nation on 12 May.

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Nirmala Sitharaman - Nirmala Sitharaman Press Conference LIVE Updates: FM to speak shortly - livemint.com - city New Delhi - India

14.05.2020 / 11:36

Nirmala Sitharaman Press Conference LIVE Updates: FM to speak shortly

NEW DELHI : A day after announcing a set of 15 relief measures related to MSMEs, NBFCs, real estate sector, etc, Finance Minister Nirmala Sitharaman will release the second tranche of the ₹20 lakh crore economic package today.

Nirmala Sitharaman city New Delhi India Coronavirus Updates

Narendra Modi - Monsoon may drain health system - livemint.com - India

13.05.2020 / 19:17

Monsoon may drain health system

Rains may trigger a surge in diseases such as malaria, adding to the burden of an already strained healthcare system

Narendra Modi India strain malaria

Nitin Gadkari - Nirmala Sitharaman - MSME sector to gain from measures announced by finance minister, says Gadkari - livemint.com - city New Delhi

13.05.2020 / 17:51

MSME sector to gain from measures announced by finance minister, says Gadkari

Gadkari said measures such as setting up a Fund of Funds with a corpus of ₹10,000 crore will provide equity funding support and will support MSMEs

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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