#financeministryindia

Union Budget 2023-24: MSME sector gets a boost, more focus on skilling and entrepreneurship, credit line extended

by

Finance Minister Nirmala Sithraman presented the Union Budget 2022 on February 1. This year’s budget was Finance Minister Nirmala Sitharaman’s fourth successive budget. In her speech, Finance Minister Nirmala Sitharaman said that the Union Budget sought to lay the foundation and give a blueprint of the economy over ‘Amrit Kal’ of the next 25 years … Read more

Banks recovered more than Rs 10 lakh crores from bad loans in the last nine years: Finance Ministry tells Lok Sabha

by

In a major success for the Narendra Modi government, during the last nine fiscal years, scheduled commercial banks have recovered approximately Rs 10 lakh crore, as per the government’s information to the Lok Sabha. In a written response to a question in the Lok Sabha on Monday (July 24), Minister of State for Finance Bhagwat … Read more