Nirmala Sitharaman addresses RBI board, explains priorities of government


2021-02-16 11:24:54

NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday explained the government’s priorities to the Reserve Bank of India‘s (RBI) central board during their first meeting after presentation of the Union Budget 2021-22.
As per the tradition, the finance minister holds customary meeting with the board members of the RBI and the Securities and Exchange Board of India (Sebi) after budget presentation every year.
The finance minister addressed the 587th RBI central board meeting and informed the members about the key initiatives in the Budget and the priorities of the government, RBI said in a statement.
“Complimenting the finance minister on the budget, the board members made various suggestions for consideration of the government,” it added.
At its first meeting after the presentation of the Budget for 2021-22, the central board of directors also reviewed the current economic situation.
“The board in its meeting reviewed the current economic situation, global and domestic challenges and various areas of operations of the Reserve Bank, including ways for strengthening of grievance redress mechanism in banks,” it said.
The meeting on Tuesday was chaired by RBI governor Shaktikanta Das through video conferencing.
The government’s nominee directors on the board — financial services secretary Debasish Panda and economic affairs secretary Tarun Bajaj — also attended the meeting.
Apart from Sitharaman, minister of state for finance Anurag Singh Thakur, finance secretary Ajay Bhushan Pandey and department of investment and public asset management secretary Tuhin Kanta Pandey were also present.
Earlier this month, the finance minister presented a Rs 34.5 lakh crore-budget for 2021-22 in the backdrop of the coronavirus pandemic.
The budget has laid emphasis on increasing capital expenditure, raising allocation for healthcare capacity building and development of agriculture infrastructure, among others, which are expected to have a multiplier effect on the economy.
Hit hard by the pandemic, fiscal deficit — the excess of government expenditure over its revenues — is estimated to hit a record high of 9.5 per cent of the gross domestic product (GDP) in the current fiscal ending March 31.
For the next 2021-22 fiscal, the deficit has been pegged at 6.8 per cent of GDP, which will be further lowered to 4.5 per cent by the fiscal ending March 31, 2026.
Earlier this month, Das said the central bank will able to manage the high quantum of government borrowings at Rs 12 lakh crore for the next fiscal in a “non-disruptive” manner.



Source link

122 Comments

  1. antivert 25mg online pharmacy February 16, 2021
  2. Marina February 16, 2021
  3. how to buy coreg February 16, 2021
  4. cost of cialis February 16, 2021
  5. where to buy sildenafil 25mgsildenafil without prescription February 16, 2021
  6. cialis coupon February 16, 2021
  7. aripiprazole 20 mg pricecheap aripiprazole February 16, 2021
  8. dutasteride 0,5 mg cheapdutasteride online pharmacy February 16, 2021
  9. where to buy lopressor February 16, 2021
  10. micardis canada February 16, 2021
  11. how to purchase zyprexa February 16, 2021
  12. Evamoism February 16, 2021
  13. hyzaar 12,5 mg for sale February 16, 2021
  14. EddieSah February 16, 2021
  15. terbinafine 250mg pharmacyterbinafine online pharmacy February 16, 2021
  16. rernhestorm February 16, 2021
  17. zithromax 500 mg February 16, 2021
  18. Kimmoism February 16, 2021
  19. pattyxl2 February 16, 2021
  20. levofloxacin 750mg pricelevofloxacin prices February 16, 2021
  21. hydroxychloroquine works February 16, 2021
  22. how to purchase irbesartan 150mgirbesartan prices February 16, 2021
  23. LarryUrish February 16, 2021
  24. Kimmoism February 16, 2021
  25. amitriptyline 25 mg for saleamitriptyline uk February 16, 2021
  26. buy singulair 5 mg February 16, 2021
  27. Get A Loan February 16, 2021
  28. meclizine 25mg purchase February 16, 2021
  29. Amymoism February 16, 2021
  30. paxil 40mg australia February 16, 2021
  31. BuyEssayOnline February 16, 2021
  32. olmesartan 20 mg pillsolmesartan prices February 16, 2021
  33. where to buy betamethasone 10gbetamethasone over the counter February 16, 2021
  34. Lisamoism February 16, 2021
  35. Kimmoism February 16, 2021
  36. Evamoism February 16, 2021
  37. BuyEssayOnline February 16, 2021
  38. leflunomide 10 mg tabletleflunomide coupon February 16, 2021
  39. viagra online pharmacy February 16, 2021
  40. Kimmoism February 16, 2021
  41. ventolin inhaler without prescription February 16, 2021
  42. diamox 250 mg tablet February 16, 2021
  43. benicar coupon February 16, 2021
  44. cheapest ceftin February 16, 2021
  45. how to buy topamax 100mg February 16, 2021
  46. Kimmoism February 16, 2021
  47. escitalopram 5mg online pharmacywhere can i buy escitalopram February 16, 2021
  48. etodolac pills February 16, 2021
  49. leflunomide 20mg canadaleflunomide price February 16, 2021
  50. cheapcialsJep February 16, 2021
  51. Kimmoism February 16, 2021
  52. conseil d'Г©tat February 16, 2021
  53. cheap arava 20mg February 16, 2021
  54. viagra usa February 16, 2021
  55. buy leflunomide 10mgleflunomide nz February 16, 2021
  56. viagra australia February 16, 2021
  57. duloxetine 100/30 pricesduloxetine canada February 16, 2021
  58. doxycycline medication February 16, 2021
  59. Kiamoism February 16, 2021
  60. avapro 150 mg online February 16, 2021
  61. juliettetw60 February 16, 2021
  62. Janemoism February 16, 2021
  63. viagra over the counter February 16, 2021
  64. cheapcialsJep February 16, 2021
  65. flomax 0,2mg generic February 16, 2021
  66. sildenafil 25mg for salesildenafil medication February 16, 2021
  67. long term use of plaquenil February 16, 2021
  68. Janemoism February 16, 2021
  69. Money Loan February 16, 2021
  70. effexor coupon February 16, 2021
  71. Mesdow February 16, 2021
  72. Lisamoism February 16, 2021
  73. Lisamoism February 16, 2021
  74. buy topamax 50mg February 16, 2021
  75. Janemoism February 16, 2021
  76. Evamoism February 16, 2021
  77. Evamoism February 16, 2021
  78. order robaxin 500mg February 16, 2021
  79. cheapcialsJep February 16, 2021
  80. cialis 80mg uk February 16, 2021
  81. cheapcialsJep February 16, 2021
  82. Quick Loans February 16, 2021
  83. Amymoism February 16, 2021
  84. Amymoism February 16, 2021
  85. Clarksoish February 27, 2021
  86. ivermectin and albendazole March 11, 2021
  87. ventolin for copd March 13, 2021
  88. human ivermectin dosage March 14, 2021
  89. amoxicillin back pain March 15, 2021
  90. albuterol pharmacokinetics March 15, 2021
  91. amoxicillin itchy rash March 16, 2021
  92. furosemide complications March 16, 2021
  93. lasix pill picture March 17, 2021
  94. azithromycin for sale March 17, 2021
  95. zithromax yeast infection March 18, 2021
  96. clomid coupon March 19, 2021
  97. doxycycline side affects March 19, 2021
  98. prednisolone dose asthma March 20, 2021
  99. doxycycline rash pictures March 21, 2021
  100. clomid or letrozole March 21, 2021
  101. prednisolone price uk March 22, 2021
  102. dapoxetine fda approval March 22, 2021
  103. diflucan relief time March 23, 2021
  104. cost of priligy March 23, 2021
  105. synthroid administration time March 24, 2021
  106. diflucan and ringworm March 25, 2021
  107. armour synthroid March 28, 2021
  108. propecia dht blocker March 31, 2021
  109. propecia generic name April 1, 2021
  110. liquid prednisolone April 3, 2021
  111. paxil online uk April 4, 2021
  112. metformin pharmacy April 4, 2021
  113. quineprox 90 April 5, 2021
  114. plaquenil blindness April 5, 2021
  115. metformin 2018 April 7, 2021
  116. glucophage 500mg April 7, 2021
  117. plaquenil buy online April 8, 2021
  118. free foreign dating sites free no fee April 8, 2021
  119. Danilomak April 8, 2021
  120. Timothyjak April 10, 2021
  121. Timothyjak April 11, 2021
  122. payday loans alabama April 12, 2021

Leave a Reply