Cannot have regulations that stifle businesses, need to remove such hurdles with 'magic wand' every year: Fin Minister Sitharaman
Tired of too many ads?
Remove Ads
Finance Minister Nirmala Sitharaman on Friday while addressing the IIM Lucknow National Leadership Awards 2025 in New Delhi said that India cannot have regulations that stifle businesses, adding that such hurdles should be removed with a 'magic wand' every year."Cannot have regulations that stifle businesses, need to remove such hurdles with 'magic wand' every year," said Finance Minister Sitharaman."India sustains growth momentum as fastest growing economy for fourth year in a row," said Finance Minister Nirmala Sitharaman. The Union Minister added that the country's manufacturing activity has been good during fourth quarter.In her 2025-26 Budget speech, the minister had announced that a high-level committee for regulatory reforms will be set up for a review of all non-financial sector regulations, certifications, licences, and permissions."India is sustaining this growth as the fastest growing economy now for the fourth year continuously without a break, thanks to the work of small and medium, large industries, which are coming in and making sure our manufacturing capacity, our service capacity are all intact. Agriculture has also sustained us even during the Covid and subsequently," Sitharaman said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
21 minutes ago
- Time of India
BJP leader Meenakshi Lekhi injured during Kailash Yatra, returns to Gunji camp
Meenakshi Lekhi, a senior BJP leader, sustained injuries after falling from a horse in Tibet. The incident occurred during the Kailash Mansarovar Yatra. Lekhi was part of the second group of pilgrims. She was brought back to Gunji camp in India. Lekhi will be airlifted to a hospital on Monday. ITBP doctors are currently supervising her condition in Gunji. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Former Union minister of state and senior BJP leader Meenakshi Lekhi, who was injured after falling from a horse in Tibet, has returned to India, leaving the Kailash Mansarovar Yatra midway, officials said on part of the second group of pilgrims undertaking the Kailash Mansarovar Yatra, fell from a horse in Darchin, Tibet, and sustained injuries. She was subsequently brought back to Gunji camp in India, from where she will be taken to a hospital by helicopter on Monday morning, they District Information Officer Santosh Chand said, "The injured devotee (Lekhi) in Darchin was taken to Lipulekh by Chinese officials, from where Indo-Tibetan Border Police (ITBP) personnel brought her to Gunji camp."Darchin is the point from where the parikrama (circumambulation) of Mount Kailash and Mansarovar Lake said the district administration was awaiting a window of clear weather to airlift her, but due to continued adverse conditions, she will be flown out on Sub-Divisional Magistrate Jitendra Singh said Lekhi will spend the night in Gunji."In Gunji, she is under the supervision of ITBP doctors. She will leave Gunji in the morning by helicopter," he said.
NDTV
38 minutes ago
- NDTV
"Has Rahul Gandhi Forgotten...": Minister's Jab Over Bihar Roll Revision
New Delhi: Union minister Pralhad Joshi hit back at the Congress today over the electoral roll revision in Bihar, saying the process of SIR (Special Intensive Revision) was started at the behest of Rahul Gandhi, who had written a letter about the discrepancies in the voter list. In an exclusive interview with NDTV, Mr Joshi said, SIR has "happened many times before this and its process is the same as before". "If there is any difference in the process at all, it is that of technology," he added. "The Election Commission is doing it and those who are asking why the Election Commission is doing it -- has Rahul Gandhi forgotten that he himself wrote a letter saying there are mistakes in the voter list and they should be corrected? And now, when the Election Commission is correcting it, he is saying our voters will be stolen," Mr Joshi said. "If work is done on his letter there is a problem. If it is not done, then there is a problem... these are the people who will oppose whatever you do," he added. With six days to go for the final list, more than 41 lakh voters are risk of exclusion -- up from 35.6 lakh earlier this week - and the opposition parties in Bihar have been on the warpath over this, saying their supporters are being selectively left out. On Saturday, Rashtriya Janata Dal's Tejashwi Yadav - an ally of the Congress -- wrote to leaders of 35 major parties across the country seeking their support. "The ongoing Special Intensive Revision (SIR) in Bihar is a spectacle and a tragedy, disenfranchising large numbers of voters and shaking the very foundation of democracy... This is a clear indication of how an 'independent institution' like the Election Commission is bent on eroding public confidence in the integrity of our electoral process," he wrote. The matter is expected to have ripples in the monsoon session of parliament which begins tomorrow.
New Indian Express
an hour ago
- New Indian Express
Amit Shah directs formation of multi-disciplinary central team to visit disaster torn Himachal
NEW DELHI: Union Home Minister Amit Shah has directed the formation of a multi-sectoral central team to visit Himachal Pradesh in view of the frequency and intensity of natural disasters in the state, officials said on Sunday. The officials stated that the team would comprise experts from the National Disaster Management Authority (NDMA), Central Building Research Institute (CBRI) Roorkee, Indian Institute of Tropical Meteorology (IITM) Pune, a Geologist, and the Indian Institute of Technology (IIT) Indore. 'The Union Home Minister's direction came following a recent meeting in which he was apprised that Himachal Pradesh has witnessed an increase in the frequency and intensity of cloudbursts, flash floods, landslides and torrential rainfall, causing widespread loss of life, damage to infrastructure, livelihoods and environmental degradation,' a senior official of the Union Ministry of Home Affairs (MHA) said. He said, further, in the wake of floods, flash floods and landslides during the South West monsoon 2025 in different parts of the state, the Centre has already deputed an Inter-Ministerial Central Team (IMCT) in advance, without waiting for their memorandum, for on-the-spot, first-hand assessment of the damages. The IMCT has already started their visit to the affected areas on July 18 and would travel in the state till July 21, he said. He added that a high-level committee chaired by the Home Minister has already approved an outlay of Rs 2,006.40 crore to Himachal Pradesh for recovery and reconstruction in areas affected by disasters for the year 2023, and has also released the first installment of Rs 451.44 crore on July 7 this year.
