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.
Union Finance Minister Nirmala Sitharaman on Monday claimed that Muslims in India are doing much better than those in Pakistan, in a strong rebuttal of negative 'Western perception' of India.
"Free Trade Agreements are being signed in a much faster way nowadays. We've just concluded one with Australia. Earlier we concluded with UAE, Mauritius and with ASEAN. We have extended quota-free & tariff-free regime to Least Developed Countries," she said.
Posen also questioned Sitharaman that there is widespread reporting in the Western press about MPs in the opposition party losing status, and about Muslim minorities in India being subjected to violence.
The Union Finance Minister will be attending meetings with Finance Ministers and Central Bankers from across the world. The meeting is scheduled to take place today at IMF Headquarters in Washington.
During her stay, Sitharaman will be attending the 2023 Spring Meetings of the World Bank and the International Monetary Fund (IMF), along with G20 meetings, Investor/ Bilateral meetings, and other associated meetings.
The Pradhan Mantri MUDRA Yojana (PMMY) was launched on April 8, 2015, by Prime Minister Narendra Modi with an aim to facilitate easy collateral-free micro-credit of up to Rs 10 lakh to non-corporate, non-farm small and micro-entrepreneurs.
Union Finance Minister Nirmala Sitharaman is to embark today on an official visit to the United States where she will attend Spring Annual Meetings of the IMF-World Bank. She will begin her official visit to the US from April 10.
On the occasion of 8th anniversary of PMMY, the minister said about 68 per cent of accounts under the scheme belong to women entrepreneurs and 51 per cent of accounts belong to entrepreneurs of Scheduled Caste/Scheduled Tribe (SC/ST) and Other Backward Caste (OBC) categories.
Senior BJP leader and Union finance Minister Nirmala Sitharaman lambasted Rahul Gandhi for his allegation of favouritism to Adani by the Modi government.
Both the Lok Sabha and the Rajya Sabha were adjourned sine die on Thursday, bringing an end to the Budget Session that registered very low productivity of 34 per cent in the Lower House and 24.4 per cent in the Upper House.
"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.