The global push for clear policies on crypto assets has gained momentum under the Indian G20 Presidency and global consensus is emerging on the same, Finance Minister Sitharaman said on Saturday and noted that G20 members will take a call on how they want to move forward on the issue
The meeting centred on G20 priorities and explored avenues for enhancing bilateral cooperation between the two democratic nations to tackle pressing global economic and financial challenges.
This Board Memorandum proposes to make it easier to establish Corporate Debt Market Development Fund ("CDMDF" or "the Fund") as an Alternative Investment Fund (AIF) under the SEBI (Alternative Investment Funds) Regulations, 2012 (hereinafter referred to as "AIF Regulations").
The discussion was focused on the impact of global development challenges like climate change, pandemics, fragility and conflict on development progress, and reforms at the World Bank, according to the Finance ministry.
Finance Minister Sitharaman addressed the roundtable, highlighting opportunities that India, under the current government, is creating for the global industry to participate in the nation's growth story.
AAP leader Chadha wrote, "I'm writing to draw your attention towards the plight of the farmers in Punjab. Rain, high-velocity winds and hailstorm reported in the state in the state since March 24 have impacted at least 14 lakh hectares (40 per cent) of 34.9 lakh hectares of wheat sown in Pun
"The link should be done now," Union finance minister said, adding that, "If this deadline is over, the amount of fine will increase."
Aadhaar-PAN linking was free till March 31, 2022. A fee of Rs 500 was being imposed since April 1 last year and was later raised to Rs 1,000 from July 1.
During the deliberations that followed, FM Sitharaman and the US Secretary of Commerce also exchanged views on enhancing bilateral cooperation to further boost investment and trade in mutually agreed areas, according to a tweet posted by the official handle of the Union finance ministry.
The Union minister said, "We have announced four core sectors where we have said there will be at least minimum presence of the government. But they have been also opened for private sector."
The meeting between the Finance Minister and the High Commissioner of Sri Lanka took place just ahead of the first meeting of the G20 Finance Ministers scheduled to be held on February 24-25, 2023 in Bengaluru, chaired by Minister Sitharaman.