Finance minister – pressnews

[ad_1] Nirmala Sitharaman asked him to come up with an answer in the next 30 minutes. (File)Hyderabad: Union Finance Minister Nirmala Sitharaman on Friday pulled up the Kamareddy district collector Jitesh Patil when the latter could not provide an answer to what was the Centre and the state's share in the rice supplied through fair price shops.Ms Sitharaman, who was attending various programmes in Zaheerabad Parliamentary Constituency as part of BJP's 'Lok Sabha Pravas Yojana', also asked Collector Jitesh Patil why the picture of Prime Minister Narendra Modi was missing at the shop in Birkur as the Centre bears a lion's share in the subsidised rice which is being sold at Rs 1 in the state to beneficiaries."The rice which is sold at Rs 35 in the open market was being distributed to people...

[ad_1] Ms Sitharaman was speaking at the FE Best Bank Awards event in Mumbai.Mumbai: Union Finance Minister Nirmala Sitharaman on Friday said political parties that come to power on pre-poll promises of freebies should pay for those through budgetary provisions.Citing the example of free electricity being promised in many states, the finance minister said the burden for the freebies should not be thrust upon the power discoms or gencos."If a promise has been made to the people at the time of the election, you are looking at a quid pro quo. You should be, as a responsible party, assume after you come to power, make a provision in the budget for it," Ms Sitharaman said, speaking at the FE Best Bank Awards event in Mumbai.She said in the case of the power sector, there have been cases where...

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Finance Minister Pulls Up Bureaucrat For A Question He Failed To Answer

Pay For Freebies From Budget, Don’t Burden Utilities: Nirmala Sitharaman