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    Finance Minister Smt. Nirmala Sitharaman assures ramp up in supply of Oxygen & Remdesivir to States; reiterates the importance of micro - containment ...
    Finance Minister Smt. Nirmala Sitharaman participated in 103rd meeting Development Committee Meeting of World Bank-IMF
    Finance Minister Smt. Nirmala Sitharaman attends Plenary Meeting of International Monetary and Financial Committee (IMFC) of IMF through video-confere...
    Finance Minister Smt. Nirmala Sitharaman attends Second Virtual G20 Finance Ministers and Central Bank Governors Meeting
    ₹ 2,74,034 crore Foreign Portfolio Investments (FPI) inflows in Indian equity markets
    Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021
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April 22, 2021
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Medical supply assurance: government enables measures to ramp up oxygen and Remdesivir supply and broaden vaccination access.
Assurance of stepped-up medical supply measures focuses on ensuring uninterrupted availability of oxygen and Remdesivir by permitting repurposing of industrial gas containers for oxygen transport, operating filling stations round-the-clock, importing oxygen, accelerating clearances for new Remdesivir capacity, restricting exports of the drug and its APIs, and allowing EoUs and SEZ manufacturers to sell domestically; concurrently policy shifts favour micro-containment over lockdown and expand vaccination access by allowing industry vaccination, vaccine imports and advance procurement support to manufacturers.
April 10, 2021
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Debt sustainability urged to guide World Bank crisis response while protecting multilateral financial capacity and vaccine access support.
The Minister highlighted World Bank-IMF agenda items on debt relief, vaccine access, and recovery toward green, resilient and inclusive development; recounted India's Aatma Nirbhar stimulus measures aimed at social protection and reform; welcomed WBG's increased pandemic financing and urged sustained crisis-response operations that balance vulnerable countries' debt sustainability with the financial sustainability of the World Bank Group while supporting timely, affordable vaccine access.
April 9, 2021
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Equity and differentiated responsibility: low carbon transitions must account for burdens on emerging and low income economies.
The plenary stressed ending the pandemic and universal vaccine access as the foremost priority, noting large-scale vaccination and international vaccine supply efforts. It warned that hastening the low-carbon transition could impose disproportionate short-term burdens on Emerging Market and Developing Economies and low-income countries, and urged adherence to the principles of equity and differentiated responsibility so climate policies do not deepen divergence while recovery remains underway.
April 8, 2021
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Equitable vaccine access urged; align G20 finance measures with financing for vulnerable economies and green transition.
G20 ministers updated the COVID 19 Action Plan to coordinate policies restoring sustainable inclusive growth, support financing for vulnerable economies, advance the international taxation agenda, and mobilise finance for green transitions while upholding Paris Agreement commitments; India urged equitable vaccine access and recommended that the High Level Independent Panel incorporate national vaccination experience, and supported a six month extension of the Debt Service Suspension Initiative to aid the most vulnerable.
April 6, 2021
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FPI regulatory reform boosts foreign equity inflows by improving access and investment climate in Indian markets.
Foreign Portfolio Investment inflows into Indian equity markets totalled Rs. 2,74,034 crore in FY 2020 21. The rise in equity FPI inflows is linked to a faster economic recovery, stimulus measures, and targeted policy reforms: simplification and rationalisation of the FPI regulatory regime, an online Common Application Form for SEBI registration, streamlined PAN allotment, and facilitation of bank and Demat account opening. Raising the aggregate FPI investment limit from 24% to the sectoral cap increased index weightage and attracted passive and active foreign capital.
April 5, 2021
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Pre-packaged insolvency process for micro, small and medium enterprises creates expedited, creditor driven framework for resolution, approvals and timelines.
The Ordinance inserts Chapter III A to introduce a pre-packaged insolvency resolution process for corporate debtors that are micro, small or medium enterprises, subject to eligibility conditions including creditor approvals, management declarations, a member/partner resolution and submission of a base resolution plan. The insolvency professional approved by specified financial creditors must report on eligibility and the base plan; the Adjudicating Authority must admit or reject applications within 14 days; the process must conclude within 120 days with moratorium, committee of creditors oversight, 66% voting thresholds for key decisions, potential conversion to full CIRP, and specified penalties for fraudulent or false information.

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Acts Income Tax