Shaktikanta Das

Narendra Modi directs steps to disburse more money in rural India

In a bid to ensure that people in rural areas are able to get access to cash, the government has enhanced the currency limits of banking correspondents, allowed them multiple visits to banks and disburse more money through branch post offices.

Nov 14, 2016, 12:57 PM IST

Government in fire-fighting mode to bolster ATM network, dispense cash in rural pockets: Shaktikanta Das

The Economic Affairs Secretary Shaktikanta Das, in a press briefing on Monday, listed out the list of emergency measures that government has taken on a fire-fighting mode to disburse cash to common public in every nook and corner of the country.

Nov 14, 2016, 11:53 AM IST

Old notes of Rs 500 and Rs 1,000 acceptable till November 24

Finance Ministry, on early Monday morning announced that the demonetised notes​ of Rs 500 and Rs 1000 would be acceptable at government hospitals, petrol stations till November 24.

Nov 14, 2016, 10:49 AM IST

Finance Ministry expects Budget to be presented on February 1

Finance Ministry is gearing up to present the Budget for next fiscal around February 1, advancing the scheduled date by a month so as to complete the entire process by March 31, and preparations for it are "very much under control", says a top official.

Nov 04, 2016, 15:36 PM IST

India's economy to grow 8%, agri sector over 4% this fiscal: Das

Pinning hopes on a slew of government reforms, Economic Affairs Secretary Shaktikanta Das on Tuesday said the GDP growth will be around 8 percent this fiscal while the agriculture sector is expected to grow over 4 percent.

 

Oct 25, 2016, 16:20 PM IST

Bankruptcy and Insolvency law likely to be operational by year end

Economic Affairs Secretary Shaktikanta Das on Tuesday expressed hope that the Bankruptcy and Insolvency law would become operational by the end of this year, leading to further ease of doing business.

Oct 25, 2016, 15:26 PM IST

GST: Revenue neutral rate structure to be finalised next month

Asserting that the government is determined to implement GST from the next fiscal, Economic Affairs Secretary Shaktikanta Das on Tuesday expressed confidence that the revenue neutral rate structure will be decided the next month.

 

Oct 25, 2016, 13:50 PM IST

Finance Ministry raises concerns over Moody's methodology, says it ignored reforms by Modi government

Questioning the methodology adopted by Moody's, Finance Ministry on Thursday said the global agency has ignored reforms initiated by the government and it should not wait "till infinity" for them to take root before upgrading the country's sovereign rating.

Sep 22, 2016, 15:02 PM IST

FIPB to take up 15 foreign investment proposals on Sep 26

 FIPB will decide on 15 foreign investment proposals, including that of Idea Cellular Infrastructure Services and Sharekhan, on September 26.

Sep 18, 2016, 11:40 AM IST

Many reforms coming, GST will get SMEs into value chain: Das

Committing to "many more reforms", a top finance ministry official today said implementation of the goods and services tax (GST) will bring small and medium enterprises (SMEs) into the national value chain.

Sep 07, 2016, 18:28 PM IST

GDP slowdown in Q1 due to higher subsidy outgo: Das

Attributing the slowdown in first quarter GDP to higher subsidy outgo, Finance Ministry on Wednesday expressed confidence that good monsoon and impact of pay commission award will push the economic growth close to 8 percent in the current fiscal.

Aug 31, 2016, 20:10 PM IST

Saarc FMs meet focused on trade, tax avoidance pacts: Das

The two-day Saarc Finance Ministers meeting focused on promoting double tax avoidance and improving trade relations among member nations, said Economic Affairs Secretary Shaktikanta Das, who represented India.

Aug 27, 2016, 20:34 PM IST

Expect 8% GDP growth in FY17 on back of good monsoon: Shaktikanta Das

India is expected to clock a GDP growth of nearly 8 percent this fiscal on the back of good monsoon rains, Economic Affairs Secretary Shaktikanta Das said on Saturday.

Aug 27, 2016, 20:33 PM IST

Shaktikanta Das attending Saarc FMs meet, instead of Jaitley: Official

With Finance Minister Arun Jaitley opting out of the Saarc Finance Ministers' meet, it is Economic Affairs Secretary Shaktikanta Das who has taken his place at the two-day conference, a top government official said on Thursday.

Aug 25, 2016, 19:50 PM IST

Arun Jaitley likely to skip SAARC FM's meeting, Parrikar compares Pakistan to ‘hell’

Government sources as saying that Economic Affairs Secretary Shaktikanta Das will represent India at the two-day event.

Aug 16, 2016, 14:08 PM IST

India poised for big leap; growth to touch 8%: Das

India is posed for a "big leap" in growth which could touch 8 percent in the current fiscal on the back of normal monsoon, Economic Affairs Secretary Shaktikanta Das said Tuesday.

 

Jun 28, 2016, 15:25 PM IST

Raghuram Rajan is no less patriotic, he loves India, says PM Narendra Modi

PM Modi went on to praise Rajan, who has said no to a second term in RBI, saying his patriotism was no less and was sure that he would continue to serve India irrespective of whether he was in some position or not.

Jun 27, 2016, 15:51 PM IST

Monetary committee rules to be notified in few weeks: Economic Affairs Secretary

Moving ahead with the operationalisation of the interest rate setting monetary policy committee, the Finance Ministry has said it will notify the rules "within few weeks" and thereafter appoint three government nominees.

Jun 26, 2016, 17:39 PM IST

Subramanian Swamy denies targeting Arun Jaitley, says he looks very smart in a coat

Swamy said reports that he had been targeting Jaitley are all “rumours”.

Jun 25, 2016, 17:21 PM IST