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Govt Denies Viral Video Claiming FM Endorsed Fraud Investment Scheme

Newsmantra — Wed, 10 Dec 2025 07:23:18 +0000

The government has refuted a video circulating on social media, that the Union Finance Minister Nirmala Sitharaman is promoting an investment scheme promising 5000 rupees per hour and claiming that it can generate 1 crore rupees in six months.

The Fact check unit of the Press Information Bureau (PIB) informed that the circulating video is fake and AI generated. It also said that neither the Finance Minister nor the Government has announced or endorsed any such scheme.

PIB has urged citizens to be aware of such fake news and advised them to always verify information through official sources.

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Union Finance Minister inaugurates IICA North East Conclave 2025 in Shillong.

Newsmantra — Mon, 14 Jul 2025 07:30:37 +0000

Shillong: The Indian Institute of Corporate Affairs (IICA) North East Conclave 2025 was officially inaugurated on Friday by Union Finance and Corporate Affairs Minister Nirmala Sitharaman at the Indian Institute of Management (IIM) Shillong.

The two-day flagship event, themed “From Ideation to Incorporation,” aims to strengthen the startup and entrepreneurial ecosystem across the North East by fostering innovation, incubation, institutional partnerships, and access to capital.

The inaugural session was attended by Meghalaya Chief Minister Conrad K Sangma, Chief Secretary D P Wahlang, Secretary of the Ministry of Corporate Affairs Deepti Gaur Mukerjee, and IICA Director General and CEO Gyaneshwar Kumar Singh.

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Bank of Baroda presented a dividend cheque of Rs 2,762 crore for FY 2024–25 to Union Finance Minister Smt. Nirmala Sitharaman.

Newsmantra — Wed, 25 Jun 2025 07:35:49 +0000

Bank of Baroda handed over a dividend cheque of Rs 2,762 crore for FY 2024–25 to Union Finance Minister Smt. Nirmala Sitharaman. Secretary, DFS and Joint Secretary, DFS were present on the occasion. The cheque was presented by MD & CEO Shri Debadatta Chand, along with Executive Directors Shri Lalit Tyagi, Shri Sanjay Vinayak Mudaliar, Shri Lal Singh and Smt. Beena Vaheed.

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Union Home Minister approves over Rs. 5,908 crore

Newsmantra — Tue, 07 Jan 2020 05:54:52 +0000

The High Level Committee (HLC), chaired by the Union Minister for Home Affairs Shri Amit Shah, met in New Delhi today to consider additional central assistance to seven states, which were affected by floods/ landslides/cloudburst during south west monsoon 2019.

HLC approved additional central assistance of Rs. 5908.56 crore to seven States from National Disaster Response Fund (NDRF) – Rs. 616.63 crore to Assam, Rs. 284.93 crore to Himachal Pradesh, Rs. 1869.85 crore to Karnataka, Rs. 1749.73 crore to Madhya Pradesh, Rs. 956.93 crore to Maharashtra, Rs. 63.32 to Tripura and Rs 367.17 crore to Uttar Pradesh for floods/ landslides/cloudburst during south west monsoon 2019.

Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, was present in the meeting, along with senior officers of the Ministries of Home Affairs, Finance, Agriculture and NITI Aayog.

Earlier, the Central Government has released an interim financial assistance of Rs. 3,200 crore to 4 States – Rs 1200 crore to Karnataka, Rs 1000 crore to Madhya Pradesh, Rs 600 crore to Maharashtra and Rs 400 crore to Bihar. In addition, during 2019-20, till date, Centre Government has released Rs 8068.33 crore to 27 States as Central share from State Disaster Response Fund (SDRF).

Central Government under Prime Minister Shri Narendra Modi has been providing full support to the State Governments by providing timely logistics and financial resources to supplement efforts of the State Governments to deal with the situation effectively in the wake of natural calamities.

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