Nirmala Sitharaman

Incentive scheme for promotion of RuPay Debit Cards

January 12, 2023

The Indian government has recently approved an incentive scheme worth Rs 2,600 crore to promote Rupay debit card and low-value BHIM-UPI transactions in the current financial year. The decision was made during a meeting of the Cabinet Committee on Economic ..

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Key Facts on Oil Bonds

April 18, 2022

The government issues oil bonds to compensate the oil marketing companies (OMCs) to offset the losses that are suffered by them with the aim of shielding consumers from rising crude oil prices. These bonds were issued by the government mainly ..

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India Global Forum

March 7, 2022

India Global Forum’s (IGF) annual summit will bring together prominent faces of tech-driven disruption and those who have entered the unicorn club, as well as Union ministers, politicians, and global business executives. Overview: This event is taking place in Bengaluru ..

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Electronic Bill Processing System

March 2, 2022

Nirmala Sitharaman, Union Finance Minister, will launch the electronic bill (e-Bill) processing system under the Digital India eco-system and ease of doing business. Overview: This e-governance initiative was announced in the Budget 2022-23 by the Finance Minister. Across all departments ..

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25th Meeting of Financial Stability and Development Council

February 23, 2022

In the city of Mumbai, the Financial Stability and Development Council’s (FSDC) 25th meeting was held. This meeting was held under the chair of Finance Minister Nirmala Sitharaman. Overview: The council discussed the different mandates of the FSDC as well ..

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G20 Sustainable Financing Scheme

February 18, 2022

Central Bank Governors and G20 Finance Ministers are looking for a sustainable long-term international financial solution with the help of strengthening the global resilience in the event of future pandemics and closing gaps in health systems between countries. Overview The ..

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