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Sitharaman

Sitharaman announces Rs one lakh cr Urban Challenge Fund

Union Minister of Finance Nirmala Sitharaman, while presenting the Budget 2025-2026 in Parliament today, said the Government will set up an Urban Challenge Fund of Rs one lakh crore to implement the proposals for ‘Cities as Growth Hubs’, ‘Creative Redevelopment of Cities’ and ‘Water and Sanitation’ announced in the July Budget.

India projected to grow at 7% in 2022-23, says Sitharaman at IMF meet

Finance Minister Nirmala Sitharaman on Friday said that with both the International Monetary Fund (IMF) and the World Bank having projected India as the fastest growing major economy in 2023, it will stay on course and is projected to grow at 7 per cent in 2022-23 as per the government's own economic survey 2022-23.