Nirmala Sitharaman: Page 3

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Budget 2023: Focus On Employment Creation

As per Sitharaman's words, the vision for Amrit Kaal includes a technology-driven and knowledge-based economy with strong public finances and a robust financial sector

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Nirmala Sitharaman Suggests Changes In Customs Act To Deal With Cryptocurrency: Report

Sitharaman said that there is a cocktail of developments which encompasses the dark web and artificial intelligence, web3 and Meta, and also urged the officials to sit up and take note of these

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Finance Minister Concludes Pre-Budget Meetings For Union Budget 2023-24

The meetings were held in virtual mode between November 21 and November 28

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Independence Of CAs Is Important For Integrity Of Financial Statements, Says Nirmala Sitharaman

As the adoption of new technology is necessary for a transparent accounting system, the minister said that the accounting fraternity must examine how new technologies such as blockchain, artificial intelligence, data analytics and cloud computing could be employed

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NPS Money Belongs To Employees As Per Law, Not For State Governments, Says Nirmala Sitharaman

The finance minister said that it was the previous Congress government of Virabhadra Singh in Himachal that discontinued OPS in 2003 and started NPS

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Nirmala Sitharaman Approves India's First Sovereign Green Bonds Framework

This approval will further strengthen India's commitment towards its nationally determined contribution (NDCs) targets, adopted under the Paris Agreement

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India Needs To Focus More On Coal To Power Growth, Says Nirmala Sitharaman

The finance minister said that we need greater investments also to help in gasification of coal

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Innovation Plays Key Role In Making India Developed By 2047, Says Nirmala Sitharaman

While pointing out the significance of digitalization that has been laid into medical services, education and software as a service (SaaS) sector, Sitharaman said there is immense potential to take it up further

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India Has Fairly Large Forex Reserve To Tide Over Current Currency Market Situation, Says Ajay Seth

The economic affairs secretary said that the concerns over the reserves were overblown

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Revenue Department Officials To Be Trained To Use Modern Technology Tools, Says Nirmala Sitharaman

The finance minister also added that, internationally, tax authorities are using IoT technology to automate the scanning of goods using e-seals, QR codes and X-ray scanners

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What's Stopping You From Investing? Nirmala Sitharaman To Indian Industries

The finance minister raised this concern when foreign companies had shown interest in coming to India and vowed to provide every possible support

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Inflation Management Cannot Be Singularly Left To RBI, Says Nirmala Sitharaman

The finance minister said that the word 'taming inflation' or the word 'keeping it within the tolerance limit', is an exercise of so many different activities and a majority of which is outside the monetary policy in today's circumstances

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War-induced Energy Crisis a Jolt For India: Nirmala Sitharaman

The Indian finance minister was hinting at the proposed cap on import of Russian oil and gas as proposed by the G7, which India fears will lead to rise in prices

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Regulation Or Ban Of Cryptocurrencies Require Global Collaboration, Says Nirmala Sitharaman

The finance minister said that any legislation for regulation or for banning can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards

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The Big Bang Budget For Startups

Presenting the Union Budget 2022, Finance Minister Nirmala Sitharaman, made a slew of announcements for the startups in the country