TMC Lok Sabha MP Mahua Moitra lashed at the Centre over several issues affecting the country and took a swipe at the BJP government indicting them of "extreme incompetence".
"The robustness of the Customs Act was on display when during the difficult times of Covid-19 all the consignments, whether of big or small companies or individuals, were facilitated," said Finance Minister.
Sitharaman said that greater alertness is needed in the matter of drug smuggling. If gold smuggling is going to hurt the economy, drugs hurt generations.
Typically, the RBI from time to time intervenes in the markets through liquidity management, including through the selling of dollars, with a view to preventing a steep depreciation in the rupee.
Replying to a question in Lok Sabha, Sitharaman said the Reserve Bank of India has used the available foreign exchange reserves that it had in order to intervene in the markets to make sure that the Dollar-Rupee does not fluctuate too much.
Over 16.67 crore loans involving a sanctioned amount of Rs 9.98 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last three financial years ending March 2022.
The porous international borders with Bangladesh, Nepal, Myanmar, China and other Southeast Asian countries, and a growing aviation market make the fight against the illegal wildlife trade increasingly difficult in India, said the report which was released by Union Finance Minister Sitharama
"ECGC is reluctant to issue the coverage to EXIM bank because of the default committed by Sri Lanka and Zambia. This is adversely affecting the overall export performance of Indian exporters,"
said PHDCCI President, Saket Dalmia.
Forbes had placed President of the European Commission Ursula von der Leyen on the top position of the 19th annual Forbes list of the World's 100 Most Powerful Women for her leadership during the Ukraine war.
Sri Lanka High Commissioner to India, Milinda Moragoda on Tuesday met with Union Finance Minister Nirmala Sitharaman and thanked her for the brief emergency assistance India has provided to the island nation throughout its difficult period.