Finance Minister Nirmala Sitharaman (Photo: IANS)

Pvt sector to be allowed in India’s space exploration missions

New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that private companies will be allowed to take part in planetary exploration, outer space travel among other space activities, and the government will take steps to encourage private participation in the Indian space sector. Speaking to the media, Sitharaman said that the government will provide level […]

Finance Minister Nirmala Sitharaman (Photo: IANS)

FM untangles regulations in mining, defence sectors

New Delhi: Finance Minister Nirmala Sitharaman on Saturday gave massive reform boost to mining, defence, civil aviation and power distribution sectors under the government’s Rs 20 lakh crore economic package for the ‘Self-reliant India Movement’ announced by Prime Minister Narendra Modi recently. Besides, viability gap funding has been provided for the creation of social infrastructure […]

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Commercial coal mining allowed, 50 blocks to be offered soon

New Delhi: In a major reform, the Union government has decided to permit commercial mining of coal. Speaking to the media here on Saturday, Finance Minister Nirmala Sitharaman said to introduce competition, transparency and the private sector participation in the coal sector, the government would go for the revenue sharing mechanism instead of the fixed […]

Finance Minister Nirmala Sitharaman (Photo: IANS)

Centre to amend Essential Commodities Act; deregulate pulses, onion

New Delhi: In a bid to enable better price realisation for farmers. the Centre has decided to amend the Essential Commodities Act whereby agriculture produce including pulses, onion, potato and cereals would be deregulated. Edible oil and oilseeds will also be deregulated and driven by the market scenario. Addressing the media here, Finance Minister Nirmala […]

Finance Minister Nirmala Sitharaman (Photo: IANS)

FM unveils Rs 10K cr scheme to formalise micro food enterprises

New Delhi:  Finance Minister Nirmala Sitharaman on Friday said that the Centre will launch a Rs 10,000 crore scheme for formalisation of micro food enterprises (MFEs). Addressing the media here, Sitharaman said that the scheme is in line with Prime Minister Narendra Modi’s call of ‘Vocal for Local’ with global outreach. The scheme will help […]