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We are confident that the impact of recent measures taken by Government will result into higher GDP growth in the second half of 2019-20.
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We have noted the revision in the
#GDP growth projection by#MPC from 6.1 percent to 5.0 percent in 2019-20. We welcome the unchanged accommodative stance of RBI towards future cuts in the repo rate.@nsitharamanoffc@Anurag_Office@PIB_IndiaShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Ministry of Finance Retweeted
कराधान कानून (संशोधन) विधेयक 2019 को राज्यसभा ने किया पारितpic.twitter.com/pBdpACqyOa
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Ministry of Finance Retweeted
Cutting down corporate tax is not just good headline. It is not just good PR. It is good reform. And this govt under the PM now in the second term, after taking up lot of reformatory steps in the first tenure, is further committed to doing a lot of reforms. Smt
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Ministry of Finance Retweeted
These are the ways in which a responsive and sensitive government would come up with measures to address challenges that are developing: Smt
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Taxation Laws Amendment Bill 2019 passed by the Rajya Sabha today. Lok Sabha has approved it earlier on Monday ,2nd December, 2019. The Bill will replace an ordinance promulgated by the President in September 2019 to reduce corporate tax rates.
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Ministry of Finance Retweeted
Union Minister
@nsitharaman's reply in#RajyaSabhahttps://www.pscp.tv/w/1vAGRqyXjBDKlThanks. Twitter will use this to make your timeline better. UndoUndo -
Ministry of Finance Retweeted
Shri Zoramthanga, Hon'ble Chief Minister of Mizoram, calls on Smt
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Ministry of Finance Retweeted
Exports of Onion has been banned, stock limits imposed, procurement of onion from surplus countries has been approved: Union Minister
@nsitharaman during response to a debate in#LokSabha yesterdaypic.twitter.com/kZDVzdWUIMThanks. Twitter will use this to make your timeline better. UndoUndo -
Ministry of Finance Retweeted
6.2 crore individuals have been given
#MNREGA employment this year. 169.17 person-days of employment has been generated: Union Minister@nsitharaman while speaking in#LokSabha yesterdaypic.twitter.com/fZSGkzqFlKThanks. Twitter will use this to make your timeline better. UndoUndo -
Ministry of Finance Retweeted
Net
#FDI inflows in H1 of 2018-19 were $17 billion. Net#FDI inflows in H1 of 2019-20 were $20.9 billion: Union Minister@nsitharaman while speaking about the outreach in various sectors in#LokSabha yesterdaypic.twitter.com/tir0fNwfEJThanks. Twitter will use this to make your timeline better. UndoUndo -
Ministry of Finance Retweeted
Investor Education & Protection Fund Authority (IEPFA) signs MoU with
#BankofBaroda for Investor Awareness Details here: https://pib.gov.in/PressReleasePage.aspx?PRID=1595026 …pic.twitter.com/XL5UzhiYeGThanks. Twitter will use this to make your timeline better. UndoUndo -
Ministry of Finance Retweeted
Here is the full video of Smt
@nsitharaman explaining in detail the steps taken by the govt. to control onion prices and provide relief to the common man. A part of this video clip is being quoted out of context and is misleading.pic.twitter.com/56MLd1gKpUThanks. Twitter will use this to make your timeline better. UndoUndo -
Ministry of Finance Retweeted
Due to aggressive lending from 2008 to 2014, gross advances of IDBI bank increased from 82,664 crore to 2,03,376 crore. Stressed loans were not even recognised as NPAs. As a result, gross NPAs increased from 12,685 crore in March 2015 to 60,875 crore by Sep 2018: Smt
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Ministry of Finance Retweeted
For onions, price stabilisation fund was used & buffer stock of 57352.90 metric tons was built based on the rabi harvest of Apr-May 19, out of which 26842 metric tons was supplied to various govts, agencies, etc and sold in various mandis (period ending Oct 19): Smt
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Ministry of Finance Retweeted
Recapitalisation (of IDBI bank) was done by govt by infusing 21,157 crore since 2015 & LIC infused 21,624 crore. Both put together have given 42,781 crore. This reduced NPA ratio from the peak of 17.3% in Sep 2018 to 5.97% now, below RBI's 6% net NPA threshold: Smt
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Ministry of Finance Retweeted
Smt
@nsitharaman speaks in Lok Sabha on Supplementary Demands for Grants - First Batch for 2019-20. Watch Live:https://www.youtube.com/watch?v=yM89ymLhhW8&feature=youtu.be …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Ministry of Finance Retweeted
Net FDI inflows in H1 of 2018-19 were $17 billion. Net FDI inflows in H1 of 2019-20 were $20.9 billion: Smt
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Ministry of Finance Retweeted
6.2 crore individuals have been given MNREGA employment this year. 169.17 person days of employment has been generated: Smt
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Ministry of Finance Retweeted
MNREGA has received funds like never before. In 2012-13, it was given 33,000 crore BE, 29,387 crore RE, and 30,273.60 crore actuals. But now it is 60,000 crore for BE 2019-20. In 2018-19, the BE was 55000 crore, RE was 61,084, and actuals were 61,829 crore: Smt
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