Nirmala Sitharaman responding to the budget discussion in the Rajya Sabha, blamed the Ukraine war for the disruptions to supply chains, and the unprecedented increase in global oil prices over a "couple of weeks" has resulted in the steepest hike on record in petrol and diesel prices.
Finance Minister Nirmala Sitharaman said the government has taken up various futuristic steps in the Union Budget by focusing on development through enhancing and establishing digital infrastructure in the country.
Finance Minister Nirmala Sitharaman, in an interview to Economic Times newspaper published on Tuesday, said that the government is examining whether market regulator SEBI has taken adequate action in the suspected corporate governance lapses at the country's biggest bourse National Stock Exchange (NSE). The statement marks significance as this is the first official comment from the Centre in the NSE matter.
Replying to a general discussion on the Union Budget in Rajya Sabha, the minister said, the Budget for 2022-23 fiscal year, stands for continuity, brings stability to the economy along with predictability of taxation.