Finance Minister Nirmala Sitharaman, alongside Minister of State for Corporate Affairs Shri Harsh Malhotra, led a 'Chintan Shivir' (brainstorming session) for senior officials from the Ministry of Finance and Ministry of Corporate Affairs in Hampi, Karnataka. The event focused on leveraging artificial intelligence and technology to enhance ease of doing business, improve policymaking, and ensure efficient fund flows. Discussions also covered tax administration, financing for growth, and transparency, with the Minister drawing parallels between Hampi's historical significance and contemporary developmental challenges.
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman, along with Minister of State for Corporate Affairs Shri Harsh Malhotra, chairs Chintan Shivir of Ministry of Finance and Ministry of Corporate Affairs
Senior officers from the Ministry of Finance, Ministry of Corporate Affair
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FAQ :
The Chintan Shivir was chaired by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman, along with Union Minister of State for Corporate Affairs Shri Harsh Malhotra.
The Chintan Shivir was held in Hampi, located in the Vijayanagara district of Karnataka.
A significant focus was on 'AI, Ease of Doing Business & Financing for Viksit Bharat', exploring how artificial intelligence and technology can strengthen institutional capacity and policymaking.
Discussions covered simplifying procedures, ensuring regulatory predictability, improving inter-departmental coordination, efficient fund flows, and modernising tax administration.
FM Smt. Sitharaman reflected on the historical significance of the Vijayanagara region as a prominent Indian empire from about 500 years ago.
She noted the contrast within the same district between historical monuments and drought-prone areas facing agricultural and human-animal conflict issues, stressing the need to address current developmental realities.