Tag «finance minister»

Competition Commission to play an important role as a regulator of Competition and as a participant in the competitive process – Finance Minister P Chidambaram

Union Finance Minister Shri P.Chidambaram has stressed on the key role of Competition Commission of India (CCI) in defining the role of the government as a regulator of competition and as a participant in the competitive process. Delivering the Annual day Lecture of Competition Commission of India (CCI) in the Capital on 20th May, 2013, …

Finance Minister Leaves Today for Five Day Foreign Visit to UK, France and Qatar: to Hold Discussions on Various Bilateral and Investment Related Issues

The Union Finance Minister, Shri P. Chidambaram left today for five day three nation tour of UK, France and Qatar. During the first leg of his foreign visit, the Finance Minister will arrive in London today evening. The Finance Minister Shri Chidambaram who is leading the Indian delegation, will participate in the Sixth Ministerial India …

Finance Minister Shri P Chidambaram’s Opening Address at the 46th Annual meeting of the ADB Board of Governors Today

Following is the text of the Union Finance Minister Shri P Chidambaram’s Opening Address at the 46th Annual Meeting of the ADB Board of Governors’ today at IECM, Greater Noida:  Honourable Prime Minister Dr. Manmohan Singh, President Nakao, Fellow Governors of the Asian Development Bank, Management and staff  of member country delegations, Distinguished Guests, Ladies and Gentlemen. …

Finance Minister to Leave for One Week Foreigntour to Canada and USA on 14TH April, 2013; to Interact with Business Leaders of both Countries beside Participating in IMF-WB Meetings

The Union Finance Minister Shri P. Chidambaram will leave for one week two nation tour to Canada and USA on the early morning tomorrow i.e. Sunday,14th April, 2013. In the first leg of his journey, the Finance Minister Shri Chidambaram will visit Canada. He will reach Toronto on 14th April, 2013. At Toronto, the Finance …

Finance Minister P. Chidambaram to Discuss the Union Budget 2013-14 with thought Leaders and Respond to Citizens’ Questions on The Budget on his First Google+ Hangout Tomorrow

The Union Finance Minister Shri P. Chidambaram will respond to citizens` questions on the Union Budget 2013-14 tomorrow at 8:00 pm IST by joining the multiparty video conference on Google+ Hangout. This is for the First time that any Union Cabinet Minister is using this medium to interact with the citizens and to respond to …

Boost for intra-African, BRICS trade

South African companies, including foreign companies based in South Africa, stand to benefit from relaxed cross-border financial regulations and tax requirements, Finance Minister Pravin Gordhan announced in Cape Town on Wednesday. Delivering his 2013 National Budget speech in Parliament, Gordhan said that outward investment reforms that applied as part of a new set of “gateway …

Finance Minister Proposes Special Focus on Green Revolution in 2013-14; Outlay Increased to Boost Agriculture Production

An allocation of Rs. 1000 crore has been proposed in the budget 2013-14 to continue support to the new green revolution in Eastern States like Assam, Bihar, Chhattisgarh and West Bengal to increase the rice production. An outlay of Rs. 500 crore is proposed for starting a programme of crop diversification that would promote technological …

Finance Minister Emphasizes the Need to Meet the Financing Requirements of the Infrastructural Deficit; Launches the Operations of India the First Infrastructure Debt Fund (IDF) under the NBFC Structure by Handing Over the First IDF – NBFC License to the Promoters of India Infra Debt Limited (INFRADEBT)- ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation (LIC)

The Union Finance Minister, Shri P. Chidambaram today launched the operations of India Infra Debt Limited (Infradebt), the first Infrastructure Debt Fund (IDF) under the NBFC structure by handing over the first IDF – NBFC license to Infra Debt in presence of the promoters, ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation …

Finance Minister Reiterates the Commitment of the Government for Observing the path of Fiscal Consolidation and Imposition of Fiscal Targets and Policies to take the Economy back to the Path of Higher Growth

The Union Finance Minister Shri P. Chidambaram reiterated the commitment of the Government for observing the path of fiscal consolidation and imposition of fiscal targets and policies that will make necessary fiscal correction needed for the economy and take the economy back to the path of higher growth. Shri Chidambaram highlighted the efforts being made …

Government is Making Every Effort for Turnaround of the Economy and Creating Investor Friendly Climate – Finance Minister

The Union Finance Minister Shri P Chidambaram has said that the Government is making every effort for turnaround of the economy and creating investor friendly climate. He further stated that external sector vulnerabilities are affecting the Indian economy because of the rapid globalization of the economy.  Shri Chidambaram was delivering this inaugural address at the Delhi Economics …