FM Nirmala Sitharaman attends RBI Board of Directors meeting

Posted on:
Key Points

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday attended a meeting of members of the Central Board of Directors of Reserve Bank of India (RBI) here in the national capital...

The meeting as held after the Union Budget 2024-25 and days after the Lok Sabha passed the finance bill, with a few amendments moved by the government in the parliament...

The meeting held at the office of Reserve Bank of India and saw the participation of RBI governor Shaktikanta Das and other board of directors of the bank...

Earlier on August 7, expressing her confidence on the Union Budget 2024-25, Finance Minister said the approach of the government has been to bring greater simplification of tax laws and procedures and enable growth and employment in the country...

"So, simplification and ease of compliance for the taxpayer has been the primary objective with which in the last 10 years, and this year, in the third term of PM Modi, the approach to taxation has been to simplify it, reduce the burden on taxpayer and make sure it is transparent and equitable," she said...

You might be interested in

'Viksit Bharat' aim, 'golden moments in next 5 years', says interim Budget

01, Feb, 24

Finance Minister Nirmala Sitharaman said the government was working to ensure India becomes a developed country by 2047. She said the government will initiate next-generation reforms to boost growth, adding that golden moments will be witnessed in the next five years.

Budget 2024: FM Sitharaman outlines top 10 achievements of Modi government in 10 years

01, Feb, 24

Narendra Modi as PM: In Budget 2014 finance minister Nirmala Sitharaman outlined the 10-year economic achievements of the BJP government. Sitharaman emphasized the government's commitment to comprehensive GDP - Governance, Development, and Performance. She highlighted macroeconomic stability, robust investments, improved economy, increased average real income by 50%, moderate inflation, and effective program delivery.

More inflation fighting steps underway; Indian economy better placed than China, West: FM

10, Aug, 23

Sitharaman credited the Modi government's policies and transformation in governance for stable economic growth.

Nirmala Sitharaman highlights Global South's contributions to foundations of multilateral development bank

26, Oct, 24

Union Finance Minister Nirmala Sitharaman emphasized the global significance of the Global South's contributions at the 1944 Bretton Woods conference, urging for more inclusive decision-making and innovative exchanges at the World Bank. She praised the World Banks financial measures and stressed affordability and competitive pricing to aid middle-income countries.

Congress alleges PM Modi’s Independence speech filled with ‘distortions, lies, exaggerations and vague promises’

15, Aug, 23

News News: The Congress on Tuesday criticised Prime Minister Narendra Modi's Independence Day speech from the ramparts of the Red Fort and calling it "crass elec

FM Sitharaman reviews public sector banks amid volatility in U.S. banking system

25, Mar, 23

Union Finance Minister Nirmala Sitharaman on March 25 chaired a meeting to review the performance of government-owned banks. Various financial, efficiency and health parameters in the banking sector were reviewed.

Reserve Bank of India to transfer Rs 87,416 crore as dividend to Centre for FY23

19, May, 23

​​The Board also discussed the working of the Reserve Bank during the year April 2022 – March 2023 and approved the Annual Report and accounts of the Reserve Bank for the accounting year 2022-23.

Will Muslim population in India be growing if…: Sitharaman counters West's perception

11, Apr, 23

Union Finance Minister Nirmala Sitharaman defended the state of Muslims in India while speaking at the Peterson Institute for International Economics (PIIE) in Washington DC.

Just the trailer.. PM Modi heaps praises on the RBI for transforming India in the last 10 years

01, Apr, 24

Prime Minister Modi praised the Reserve Bank of India's pivotal role in transforming the banking sector and the economy over the past decade at the central bank's 90th anniversary event in Mumbai. He highlighted the significant progress from previous challenges, emphasizing clear policies and decisions contributing to the sector's revival.

Watch: Nirmala Sitharaman takes part in ‘Halwa Ceremony’ ahead of interim budget

24, Jan, 24

For the fiscal year 2024-25, Sitharaman is set to present the Interim Budget or vote-on-account, given that it is an election year.