All posts tagged: finance minister

TVK govt presents first Budget in Assembly, Fin Min hails Vijay for halting kickbacks in tenders

TVK govt presents first Budget in Assembly, Fin Min hails Vijay for halting kickbacks in tenders

Published by Parlour News

Chennai, Tamil Nadu Finance Minister N Marie Wilson on Wednesday presented the TVK government’s first Budget in the Assembly and hailed Chief Minister C Joseph Vijay for several initiatives, including halting the practice of “cut” in tenders for some parties and individuals. TVK govt presents first Budget in Assembly, Fin Min hails Vijay for halting kickbacks in tenders The government also allotted over ₹1300 crore for two gold assistance schemes both key promises of the TVK, while asserting steps were being taken to bring Tamil Nadu out of “financial crunch.” Reiterating that the TVK regime opposes NEET, Wilson urged the Centre to scrap the qualifying test and revert to the old method of medical admissions based on class 12 marks. The minister said ₹812 crore is the allocation for the “gold coin, silk saree scheme” for women beneficiaries, wherein eight gm gold and a silk saree would be provided to brides during their wedding. The government has allotted ₹560 crore for the gold ring scheme for newborns in government hospitals, an electoral assurance of the …

FM Sitharaman says foreign fund inflow measures are just the beginning

FM Sitharaman says foreign fund inflow measures are just the beginning

Published by Webster

Finance Minister Nirmala Sitharaman said the government’s recent measures to boost foreign fund inflows are only the first step towards attracting global capital. She also cautioned that the Indian economy is under pressure from imports and must be prepared for evolving global challenges Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

CM C Joseph Vijay keeps police and administration in maiden cabinet

CM C Joseph Vijay keeps police and administration in maiden cabinet

Published by Webster

In his maiden government, Tamil Nadu Chief Minister C Joseph Vijay will handle key portfolios including police and general administration, while veteran leader KA Sengottaiyan has been designated as the Finance Minister, the Lok Bhavan said on Saturday. Vijay will handle public, general administration, police, women and youth welfare, welfare of children, aged, differently abled persons, municipal administration and urban, and water supply. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Tamil Nadu CM Vijay allocates ministries. See full list

Tamil Nadu CM Vijay allocates ministries. See full list

Published by Parlour News

Tamil Nadu governor Rajendra Arlekar on Saturday approved the allocation of portfolios as recommended by the new chief minister, C. Joseph Vijay, days after the actor-turned-politician took the oath of office. Tamil Nadu Chief Minister Vijay speaks during the floor test proceedings at the Tamil Nadu Legislative Assembly, in Chennai on Wednesday. (ANI Video Grab ) Thus, the Tamilaga Vettri Kazhagam government, which was formed after Vijay’s two-year-old party stunned almost everyone by emerging as the single largest party in the Tamil Nadu assembly elections, is officially finalised. According to the Lok Bhavan press release, Vijay will handle public administration, general administration, police, women and youth welfare, welfare of children, aged, differently abled persons, municipal administration, and urban and water supply. Tamil Nadu cabinet: Who gets what K A Sengottaiyan is the finance minister K G Arun Raj is the TN health minister P. Venkataraman is the minister for food and civil supplies Aadhav Arjuna is the minister for public works and sports S Keerthana is the minister for industries R Nirmal Kumar is the …

FM slams CM Stalin’s allegation over paddy procurement incentive| India News

FM slams CM Stalin’s allegation over paddy procurement incentive| India News

Published by Parlour News

Union finance minister Nirmala Sitharaman on Sunday took strong exception to the allegation levelled by the chief minister M K Stalin that the Centre has ordered Tamil Nadu not to provide incentives for procurement of paddy from farmers. Union Minister Nirmala Sitharaman addresses a public meeting at Kongad Assembly Constituency, in Palakkad on Sunday. (X/@nsitharamanoffc) Addressing an election rally in Thanjavur on April 11, Stalin claimed that the Centre has sent a letter to the Tamil Nadu government advising it to discontinue providing incentive for the paddy procured from farmers as it was leading to an increase in production. In a social media post on Sunday, the finance minister said, “The communication sent not only to Tamil Nadu but to the chief secretaries of all States is merely an advice that the incentive policies provided by state governments should be integrated with National priorities.” Sitharaman added that such a directive to Tamil Nadu not to provide incentives for paddy procurement is “a complete falsehood, politically motivated, and a deliberate distortion created with the aim of …

US-Iran war now a systemic tremor, not just a regional conflict: Nirmala Sitharaman| India News

US-Iran war now a systemic tremor, not just a regional conflict: Nirmala Sitharaman| India News

Published by Parlour News

Finance minister Nirmala Sitharaman on Monday warned that the ongoing war between US and Iran has moved far beyond a regional security concern and now poses risks to the global economic system, describing it as a “systemic tremor”. Nirmala Sitharaman made the remarks at the golden jubilee event of the National Institute of Public Finance and Policy in Delhi. (X/@nsitharamanoffc) Addressing the golden jubilee event of the National Institute of Public Finance and Policy in Delhi, Sitharaman said the evolving crisis threatens critical global energy supply routes and is reshaping geopolitical alignments. “The escalation of the Middle East conflict has evolved from a regional security concern into a systemic tremor, threatening the vital arteries of global energy and hardening the lines of a new, multipolar world order,” she said. She underlined that the global economy has entered a phase of “permanent volatility”, moving away from a period marked by isolated shocks. “The current year is even more challenging as we move from a landscape of ‘shocks’ to one of ‘permanent volatility’,” Sitharaman noted. Track Live …

Estimates notwithstanding, T.N. government is hopeful of sticking to fiscal norms

Estimates notwithstanding, T.N. government is hopeful of sticking to fiscal norms

Published by Parlour News

Tamil Nadu Finance Minister Thangam Thennarasu presenting the Interim Budget in the Assembly on February 17, 2026. | Photo Credit: File photo Estimates fixed by the Tamil Nadu government with respect to various fiscal indicators for 2026-27 have raised questions over whether they are realistic, despite the State undergoing a “severe fiscal stress” arising out of the Goods and Services Tax (GST) rate rationalisation and the Union government’s actions. Be it gross fiscal deficit or the ratio of revenue deficit to the Gross State Domestic Product (GSDP) or interest payment to Revenue Receipts, the estimates are all favourable. This has been done even though the State, after 2022-23, has been increasingly under fiscal strain. The improvement witnessed in 2022-23 was primarily attributed to the economic recovery all over the country after being hit by the COVID-19 pandemic for two years from 2020. Since 2023-24, one of the factors that contributed to the rise in revenue expenditure was the implementation of the Kalaignar Magalir Urimai Thittam, wherein nearly 1.31 crore women are now being paid ₹1,000 …

President Droupadi Murmu offers ‘dahi-cheeni’ to FM Nirmala Sitharaman before presenting Budget 2026| India News

President Droupadi Murmu offers ‘dahi-cheeni’ to FM Nirmala Sitharaman before presenting Budget 2026| India News

Published by Parlour News

All eyes are on Finance Minister Nirmala Sitharaman as she will present Union Budget 2026 today, February 1. This will be her ninth consecutive budget speech under the leadership of Prime Minister Narendra Modi. As per the latest update on news agency ANI, President Droupadi Murmu on Sunday offered ‘dahi-cheeni’ (curd and sugar) to Union Finance Minister Nirmala Sitharaman when she arrived at the Rashtrapati Bhavan. New Delhi: Finance Minister Nirmala Sitharaman with the digital tablet, enclosed in a traditional red ‘bahi-khata’ style pouch, at the Parliament premises before the presentation of the �Union Budget 2026-27�, in New Delhi, Sunday, Feb. 1, 2026. (PTI Photo/Shahbaz Khan)(PTI02_01_2026_000069A) (PTI) President Droupadi Murmu offers ‘dahi-cheeni’ The ‘dahi-cheeni’ ritual is carried out by the President, as it is considered an auspicious way to begin the day. This customary good-luck gesture was made during the Finance Minister’s meeting with President Murmu at Rashtrapti Bhavan. The Finance Minister was seen discussing the contours of the Budget proposals with the President. Earlier in the day, Sitharaman posed for photographs with her Budget …

Sitharaman’s Budget speech tomorrow set to be unique, focus on long-term goals| India News

Sitharaman’s Budget speech tomorrow set to be unique, focus on long-term goals| India News

Published by Parlour News

Breaking from long-standing tradition, Finance Minister Nirmala Sitharaman is set to deliver a Union Budget speech on Sunday, February 1, that will place unprecedented emphasis on Part B of the Budget, government sources said. The Union Budget 2026 speech is expected to look markedly different from those delivered over the past 75 years, with the second part of the Budget speech taking centre stage. Prime Minister Narendra Modi with Union finance minister Nirmala Sitharaman. (File Photo / PTI) Sitharaman will present her record ninth consecutive Union Budget, with expectations high around reforms and planned government expenditure. However, unlike previous years where the speech largely focused on Part A – which outlines planned initiatives and sectoral strategies – this year’s presentation is expected to devote significant time and detail to Part B. Follow the latest updates on the Union Budget Government sources said the finance minister is likely to speak at length in Part B, marking a clear departure from earlier budget speeches where the section consisted of only a few announcements. “Part B of the …

12 locations in Tamil Nadu to be declared protected sites, monuments

12 locations in Tamil Nadu to be declared protected sites, monuments

Published by Parlour News

Finance Minister Thangam Thennarasu | Photo Credit: B. JOTHI RAMALINGAM A total of 12 historically significant locations will be declared protected monuments/sites, Finance Minister Thangam Thennarasu (also holding the archaeology portfolio) announced in the Assembly on Thursday. He also announced that a museum for inscriptions would be set up on the World Tamil Sangam campus in Madurai. The Tamili inscriptions in Mannarkoil in Tirunelveli district, rock-cut caves in Aralipatti in Sivaganga district, Koothapoondiyan Valasu in Dindigul district, V. Kottaiyur in Pudukkottai district, Avoor in Tiruvannamalai district, and Nayanur in Villupuram district will be among the locations to be declared protected monuments/sites, he said. Dolmens in Mallachanthiram in Krishnagiri district, the palace in Thirupullani in Ramanathapuram district are to be made protected sites. The Maraiyur Choultry in Narikkudi and boulder and cave paintings in Meenakshipuram in Rajapalayam taluk, the old mandapams in Mamsapuram and in Pillayar Natham — all in Virudhunagar district will join the list too. The State government will formulate a programme to publish the cultural history of Tamil Nadu in 18 volumes to …