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Tag Archives: arun jaitley

Farmers can be paid Rs 2 lakh in cash: CBDT

  Bhopal: Traders can pay farmers up to Rs 2 lakh in cash against the purchase of their wheat produce notwithstanding income tax rules, the Central Board of Direct Taxes has said. The move comes due to disaffection among farmers as they were not being paid even Rs 50,000 in cash for agricultural produce bought under…

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Food processing will be main industry in future: Jaitley

  New Delhi: The entire Indian agriculture value chain is set to change drastically and food processing is going to be one of the main industries of the country in the future, Finance Minister Arun Jaitley said on Friday. “The farm to kitchen chain is going to change in India, like elsewhere, with increased agricultural production,…

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Economy in ICU due to GST, demonetisation: Rahul

  New Delhi: Congress Vice President Rahul Gandhi on Thursday attacked Finance Minister Arun Jaitley for failing to revive the Indian economy which he said had landed in the “ICU” following the implementation of the GST regime and demonetisation. “Dear Jaitley, due to demonetisation and GST, economy is in ICU (Intensive Care Unit). You say that…

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Recapitalisation will substantially improve situation: Arun Jaitley

  New Delhi: A day after announcing major capital infusion for public sector banks, Finance Minister Arun Jaitley said this will substantially improve the situation. “I think this will substantially improve the situation. In the management of the economy of the country, there is no easy day and our own experience of the last three-and-a-half years…

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Economic stimulus not linked to Gujarat: Jaitley

  New Delhi: Finance Minister Arun Jaitley rejected attempts to link Monday’s announcement of economic stimulus package to Wednesday’s announcement of Gujarat elections. “This is for the first time structural reforms is being undertaken. It has nothing to do with politics. It is a long-term plan and it has nothing to do with Gujarat elections,” he…

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Prabhu thanks Modi, Jaitley for addressing exporters’ GST issues

  New Delhi: Thanking Prime Minister Narendra Modi and Finance Minister Arun Jaitley for addressing exporters’ issues in the GST Council meeting, Commerce Minister Suresh Prabhu on Friday said his ministry would make maximum effort on promoting exports. “Thx @narendramodi ji @arunjaitley for addressing the exporters issues in #GSTCouncil. We shall together work on promoting exports,”…

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Jaitley to hold brainstorming meet on economy

  New Delhi: Finance Minister Arun Jaitley will undertake a high-level review of the economy to discuss measures, including a possible stimulus package, to be taken amidst an economic slowdown. Commerce Minister Suresh Prabhu, NITI Ayog Vice Chairman Rajiv Kumar and Secretaries in the Finance Ministry — Ashok Lavasa, Subhash Chandra Garg, Hasmukh Adhia, Rajiv Kumar…

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I’m sure Aadhaar will pass test of constitutionality: Jaitley

  New Delhi: Finance Minister Arun Jaitley on Wednesday said he was sure Aadhaar will stand the test of constitutionality as the Supreme Court’s decision on the legislation is still pending. “The legislation has been passed and I’m sure it will stand the test of constitutionality. Even while upholding the idea of privacy as an important…

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Sitharaman takes charge as Defence Minister

  New Delhi: Nirmala Sitharaman on Thursday took charge as India’s first full-fledged woman Defence Minister. Sitharaman was elevated to the rank of a Cabinet Minister and given the crucial charge in Sunday’s reshuffle of the Narendra Modi Cabinet. However, she could not take charge as Arun Jaitley, who has been holding the additional charge of…

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