: ‘Impact of war on trade is being monitored’ #FinanceIndia #StockMarketNEWS #Business Chennai: Union Finance Minister Nirmala Sitharaman on Monday said the government is worried about the impact

@StockMarketNEWS Wed 02 Mar, 2022

Posted in: #FinanceIndia #StockMarketNEWS #Business

‘Impact of war on trade is being monitored’ #FinanceIndia #StockMarketNEWS #Business
Chennai: Union Finance Minister Nirmala Sitharaman on Monday said the government is worried about the impact of war between Russia and Ukraine on India’s exim trade.

Interacting with the industrialists and businessmen here, she said that the Centre is closely monitoring the situation as it is worried about the impact of the war on Indian exports and imports.

Sitharaman said she would be in a position to comment only after a complete assessment of the situation is made by different ministries.

She also said the government is aware that the conflict between Russia and Ukraine may have an impact on imports of edible oil and other items.

At the post Budget conclave, she said the Government led by Prime Minister Narendra Modi has been taking various measures to empower women since 2014.

“We wanted to free women from the hardships of kitchen, hence we launched free LPG scheme, we wanted to ease their burden of bringing water from far-away places, hence we launched Jal Jeevan scheme with assured supply, we wanted to protect their dignity and health,??? she said.