Nirmala Sitharaman Current Affairs, GK & News
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 ..
Category: Economy & Banking Current Affairs
Finance Minister, Nirmala Sitharaman, unveiled a four-year National Monetisation Pipeline (NMP) scheme on August 23, 2021. About NMP scheme Scheme was launched with a Rs 6 lakh crore unlock value in brownfield projects. It also engages the private sector. They will have the rights but not the ownership in projects. Scheme will be using the ..
Finance Minister Nirmala Sitharaman is set to launch an ambitious ‘Ubharte Sitaare Fund’ on August 21, 2021. It will be launched for export-oriented firms and startups. Key Points Ubharte Sitaare fund has been set up jointly by Exim Bank and SIDBI It will be launched in Lucknow. Finance minister will also launch India Exim Bank’s ..
On 26th July, 2021 the Lok Sabha passed the Factoring Amendment Bill to amend the Factoring Regulation Act 2011. This bill will broaden the scope of the entities which can participate in the factoring business and also will ensure that strong oversight and regulatory mechanisms are put in place. Nirmala Sitharaman, Finance Minister of India, ..
Month: Current Affairs - July, 2021
Category: Government Schemes Current Affairs
Finance Minister, Nirmala Sitharaman, addressed the Global Investors Roundtable organised by US-India Strategic Partnership Forum (USISPF) on June 24, 2021. Highlights While addressing the investor’s meet she asserted that; continuous reforms make India a great place to do business. She also invited global investors to take advantage of recent FDI reforms, privatisation policy and performance ..
Month: Current Affairs - June, 2021
Category: Summits and Conferences