Sinha's remarks come in the backdrop of the setback the ruling BJP suffered in Assembly elections in three Hindi heartland states recently. The country has transformed and the priority now is to inform the people about this change, the minister said.
Mumbai/New Delhi, Feb 12 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan said that efforts of the federal bank and the government to clean up banks' balance sheets would be successful and warned analysts against "scare-mongering"about the level of stressed assets in the sector. India's banks are struggling under $100 billion of stressed loans, choking the financial system at a time when the economy needs fresh investment to galvanise growth. Minister of State for Finance Jayant Sinha said the government, while working closely with RBI, was supporting the banks fully in terms of both capital as well as necessary policy measures. He also said that they have gone through and done the asset quality review and have identified the full extent of the problem.
New Delhi, Feb 09 (ANI): Minister of State for Finance Jayant Sinha addressed the students of Indian Institute of Corporate Affairs andInternational Finance Corporations on Tuesday. Addressing the students, Sinha said our Government is pro-poor as well as pro-market government. He added that when the NDA Government came into power in May 2014, it was very important for us to restore confidence of the nation in the Governance of India.
New Delhi, Jan 14 (ANI): Addressing the 2016 Indo-Korea Business Summit, Minister of State for Finance Jayant Sinha on Thursday said that the Bharatiya Janata Party (BJP) is a pro-poor government and will always work for the upliftment of the country. He also said that Prime Minister Narendra Modi has always believed that the government is by the poor, for the poor and of the poor and added that this was helping India grow globally.
New Delhi, Jan 12 (ANI): Union Finance Minister Arun Jaitley on Tuesday held a Pre-Budget meeting with Social Sector Group. The meeting was also attended by the Minister of State for Finance Jayant Sinha and other senior delegation.