India on Wednesday asked Beijing-based multilateral lending agency AIIB to scale up investments in priority areas like clean energy and infrastructure sector with a special focus on education and health. Addressing the annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), Finance Minister Nirmala Sitharaman said India has embarked on […]
FM Emphasis on Role of Technology in Fighting Climate Change
Sitharaman highlighted that in India, fiscal policy options are used for better environmental outcomes and concessional tax rates are in place to promote use of renewables, the finance ministry said in a series of tweets. Finance Minister Nirmala Sitharaman on Friday emphasised on the role of technology in fighting climate change and called for international […]
FM Nirmala Sitharaman allocates Rs 3.03 lakh crore for reform-based, result-linked power distribution scheme
Union Finance Minister Nirmala Sitharaman, on June 28, announced allocation of Rs 3.03 lakh crore for a revamped reform-based result-linked power distribution scheme. Of this, the Centre’s share would be Rs 97,631 crore. The scheme is aimed at providing financial assistance to DISCOMS for infrastructure creation, up-gradation of system, capacity building and process improvement, the […]