Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said that there is a huge potential in the tourism sector which holds huge opportunities for jobs and entrepreneurship for the youth.

Finance minister Nirmala Sitharaman announced a slew of economic relief measures to support the industry badly hit by the second wave of Covid-19

Presenting the Union Budget for 2020-21 in the Parliament, finance minister of India, Nirmala Sitharaman stressed on the need for states to play a proactive role in development of tourism and identifying schemes for development of destinations. She asked the states to prepare roadmap for certain identified tourism destinations and present the financial plans for […]

The government has proposed to hike the foreign direct investment (FDI) limit in domestic air carriers from existing 49%, Nirmala Sitharaman, finance minister of India said in her maiden budget speech. “The government will examine suggestions of further opening up of FDI in aviation, media and insurance sectors in consultation with all stakeholders,” Sitharaman said. […]

Union finance minister Nirmala Sitharaman said 17 iconic sites will be transformed into world-class destinations to give a boost to the tourism sector. In her maiden Budget speech, Sitharaman said the 17 model sites will be built by the government to encourage the arrival of tourists in the country. “One hundred new clusters will be […]

The growth of the services sector moderated to 7.5% in 2018-19 from 8.1% in 2017-18, according to the Economic Survey tabled in the Parliament by Nirmala Sitharaman, union minister for finance and corporate affairs. The segments that saw deceleration are tourism, trade, hotels, transport, communication and services related to broadcasting, public administration and defence. According […]