The meeting focused on business performance, upgrading digital technology services, and fostering business growth in activities allied to agriculture and micro and small industry.
Union Finance Minister Nirmala Sitharaman sought enhanced support from international financial institutions to achieve Sustainable Development Goals (SDGs).
As announced by Finance Minister Nirmala Sitharaman in the 2024-25 Union Budget, the limit of Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been enhanced from current Rs 10 lakh to Rs 20 lakh.
Union Finance Minister Nirmala Sitharaman stressed upon a balanced approach between development priorities and climate action during her address at the G20 meet.
Union Minister Sitharaman said that no country, whether the US which is far away or China which is very close cannot ignore India.
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Wednesday said that India's fundamentals are once again sound because of the many steps taken by the Government since 2014.
She had reportedly received the last legal notice on February 2, 2022, to repay Rs 29 lakh, or else would be subjected to legal consequences, the report said.
Sitharaman said the Prime Minister has specifically asked all arms of the government to work with sensitivity and give relief to the common man.
Making the announcement in tweets, Finance Minister Sitharman said that the move will have a revenue implication of around Rs 1 lakh crore per year.
Union Minister of Finance & Corporate Affairs Nirmala Sitharaman participated in the 105th Meeting of the Development Committee Plenary in Washington DC.
