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'Embrace Manmohan's Economic Model,' Says Husband, Nirmala Reacts

Monday, October 14, 2019, 4:55 PM

In a column for The Hindu, Finance Minister Nirmala Sitharaman's husband Parakala Prabhakar has advised PM Narendra Modi-led BJP government to "embrace" Congress leader and ex-PM Manmohan Singh's economic model. Prabhakar referred to the liberalisation of economy ushered in by the Congress government in 1991. He said that BJP hasn't been able to propose any "economic framework of its own".
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Microfinance limits raised, sector gets shot in the arm

Friday, October 4, 2019, 5:37 PM

Reserve Bank of India has raised the micro loan limits to ensure higher-flow of funds to the economically weaker section as their role in the economy has grown over the years with the government's inclusive agenda. In a twin-move, the regulator has raised the household income limit for availing micro loans while enhanced the lending limit to Rs.1.25L per eligible borrower from Rs.1L earlier.
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India likely to unveil measures to boost growth: sources

Friday, September 20, 2019, 12:00 PM

Finance Minister Nirmala Sitharaman is likely to unveil measures to boost economic growth, which slipped to a six-year low of 5 percent in the April-June quarter, two government sources said. The measures include a review of import tariffs on certain items ahead of Prime Minister Narendra Modi's visit to the United States, the sources said.

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