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The economy is a big challenge but we are up to it: Union Finance Minister Nirmala Sitharaman


ISSUE DATE: June 14, 2021
UPDATED: June 5, 2021 13:44 IST
Union Finance Minister Nirmala Sitharaman; Photo by Bandeep Singh
Q . How does it feel being the finance minister when all the major economic indices, including the GDP, are down? Don’t you feel depressed looking at the numbers?
I take it as a big challenge that calls for a lot of focus and attention to make sure that we are able to, every now and then, come up with steps that will help people. I don’t want to say numbers do not worry me, but I also have to think of the sufferings of people on the ground and the tragedy that has struck so many families. So, that is something lying heavy in my heart. I have to respond in such a way that it is addressed even if not completely resolved. ....

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FM Nirmala Sitharaman says govt's last-mile SWAMIH I fund to help deliver 1.16 lakh homes


FM Nirmala Sitharaman says govt’s last-mile SWAMIH I fund to help deliver 1.16 lakh homes
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FM Nirmala Sitharaman says govt’s last-mile SWAMIH I fund to help deliver 1.16 lakh homesBy
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“This particular government scheme has primarily kept its focus on relieving the suffering of the middle class who invest in the homes, who for no fault of theirs, suffer because houses are not given to them because of the liquidity (issue) and because the real estate sector itself went through a cash strapped situation. In 2019, we faced it all, but today we are seeing the light at the end of the tunnel,” Sitharaman said. ....

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Real estate industry expects big measures from Union Budget 2021


Real estate industry expects big measures from Union Budget 2021
ANI |
Updated: Jan 28, 2021 19:03 IST
New Delhi [India], January 28 (ANI/NewsVoir): The upcoming Union Budget slated to announce on 1st February 2021 has anticipated the announcements and reforms to augment the business activities across the sectors. The real estate sector is pinning hopes on the Union Budget that might push expediting the sector s growth to the pre-COVID level growth figures.
There is widespread speculation that the government would bring incentives to promote manufacturing activities in the country. With expectations of appropriate, innovative, and path-breaking measures, industry players express their concern for the government to consider and acknowledge in the Budget. ....

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