Nirmala Sitharaman

Nirmala Sitharaman, India's Finance Minister, shares her insights on the nation's economic landscape. She discusses plans to streamline GST rates and address inventory dumping concerns. Sitharaman emphasizes navigating global trade challenges and renewing confidence in India's future. The conversation touches on India’s strategic bilateral agreements with the US, EU, and UK, highlighting the importance of national interests amid shifting dynamics. A must-listen for those curious about India's economic priorities!

Nirmala Sitharaman, the Finance Minister of India, delves into the intricate financial struggles of IRCTC, the Indian Railway's ticketing arm. She discusses the controversial UPI discount that has cost the company a staggering Rs 40 crore in revenue. Amid rising UPI usage, officials express skepticism about the necessity of the discount. Sitharaman also highlights the government's unwavering stance on this mandate, despite IRCTC's push for financial relief through convenience fees. The dialogue reveals the complex balance between policy and operational viability.