Finance Minister of India Current Affairs, GK & News

FM chairs 24th meeting of FSDC

Finance Minister, Nirmala Sitharaman, chaired the 24th meeting of Financial Stability and Development Council (FSDC) at Vigyan Bhavan, New Delhi. Financial Stability and Development Council (FSDC) FSDC is an apex-level body that was set by the government of India in order to create a super regulatory body. Its establishment was first recommended by the Raghuram ..

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Government seeks parliament nod for additional spending

On 20th July, Nirmala Sitharaman, Finance Minister of India, sought the nod of the Indian Parliament so as to spend an additional Rs 23,675 crore in the current financial year including Rs 17,000 crore for the Health Ministry.   Highlights To meet the various issues related to Covid and for other health preparedness, Rs 16,463 ..

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G20 Central Bank Governors’ Meet- Highlights

The Finance Minister of India, Nirmala Sitharaman, attended the G20 Central Bank Governors’ meeting on February 26, 2021.  This was the first ever G20 Central Bank Governors’ meeting that was held under the Italian Presidency. Highlights During the meeting, the finance minister highlighted regarding the India’s policy response with respect to COVID-19 pandemic and the ..

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Union Budget 2021-2022- Summary

The 2021-22 Union Budget was presented amid the COVID-19 pandemic on February 1, 2021. Since the 2020 budget, the Indian economy have reduced from 2.24 lakh crore nominal GDP to Rs 1.94 lakh crore. This reduction in the size of the economy was due to the lower revenue growth and higher expenditure in the year ..

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Finance Minister announces relief measures amid lockdown

Union Finance Minister Nirmala Sitharaman recently announced various relief measures amid lock-down of the country due to coronavirus scare. As per the measures, the deadline for filing belated income tax return (ITR) for the financial year 2018-19 and for filing goods and services tax (GST) returns for March, April and May has been extended to ..

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