FM Nirmala Sitharaman reviews progress of capex, infrastructure projects, asset monetisation plans

The Finance Minister has asked Ministry of Civil Aviation to ensure that more projects are grounded and capex spending in FY23 is substantially higher than the present estimated target.

FM Nirmala Sitharaman reviews progress of capex, infrastructure projects, asset monetisation plans.

Finance Minister Nirmala Sitharaman chaired a meeting on Monday to review the progress of capital expenditure, implementation of infrastructure projects and asset monetisation plans with Ministry of Civil Aviation and Department of Telecommunications.

As per the information provided by Ministry of Finance via tweets, the Finance Minister has asked Ministry of Civil Aviation to ensure that more projects are grounded and capex spending in FY23 is substantially higher than the present estimated target.

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She also asked Department of Telecommunications to expedite digital expansion plans of the entire North East with a focus on Aspirational Districts.

Finance Minister Smt. @nsitharaman chairs a meeting today to review the progress of capital expenditure, implementation of infrastructure projects and asset monetisation plans with Ministry of Civil Aviation @MoCA_GoI and Dept of Telecommunications @DoT_India. (1/3) pic.twitter.com/9XzYBeZcIU

— Ministry of Finance (@FinMinIndia) October 25, 2021

Finance Minister Smt. @nsitharaman asked Dept. of Telecommunications @DoT_India to expedite digital expansion plans of the entire #NorthEast with a focus on #AspirationalDistricts. (3/3) pic.twitter.com/OwXgmaoAjh

— Ministry of Finance (@FinMinIndia) October 25, 2021

Earlier on October 22, 2021 the Finance Minister had held a meeting with UK Foreign Secretary Liz Truss to discuss mutual areas of interest in New Delhi.

In the meeting she had cited the close collaboration between the two countries, strengthened through Comprehensive Strategy Partnership adopted by the Prime Ministers of India and UK in May 2021.

Finance Minister Smt. @nsitharaman cited the close collaboration between the two countries, strengthened through Comprehensive Strategy Partnership adopted by the Prime Ministers of India and UK in May 2021. (2/3)

— Ministry of Finance (@FinMinIndia) October 22, 2021

Investments in green energy, infrastructure, National Monetization Pipeline, FinTech and IFSCA were also discussed as key areas for further collaboration between UK and India.

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FM Nirmala Sitharaman Ministry of Finance