3 months ago
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Union Finance Minister Nirmala Sitharaman connected Sunday (February 1, 2026) projected incentives of ₹100 crore for azygous enslaved issuance by municipal corporations of much than ₹1,000 crore.
She besides announced restructuring of REC Limited (formerly Rural Electrification Corporation) and Power Finance Corporation (PFC) arsenic portion of the government's nationalist assemblage fiscal instauration strengthening.
The Minister projected mounting up high-level committee connected 'Banking for Viksit Bharat'. She said the country's banking assemblage is characterised by a beardown equilibrium sheet, historical precocious profitability.
In her Budget speech, she projected to reappraisal overseas speech absorption non-debt instruments rules. She added that adjacent to 25 crore radical person travel retired of multi-dimensional poverty.
