New Delhi: Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman held a series of important meetings with leaders from the metals, finance, venture capital and regulatory sectors, followed by a detailed interaction with the 16th Finance Commission. The discussions covered India’s economic growth, sectoral reforms, investment climate and future policy priorities.
2️⃣ Meeting With Shri Mahesh Thakkar
Chairman – Finance Industry Development Council (FIDC)
In another key meeting, the Finance Minister interacted with Shri Mahesh Thakkar of FIDC.
The dialogue focused on the role of NBFCs in strengthening financial inclusion, improving credit access for small businesses and ensuring a stable regulatory environment. Thakkar highlighted the need for supportive policy measures to boost India’s lending ecosystem.
3️⃣ Meeting With IVCA Leadership
Shri Ashley Menezes – Chairperson, IVCA
Shri Rajat Tandon – President, IVCA
Sitharaman also met leaders of the Indian Venture and Alternate Capital Association (IVCA).
Chairperson Ashley Menezes and President Rajat Tandon discussed the rising momentum of India’s startup ecosystem, investment flows, and the crucial role of venture capital and private equity in driving innovation. The meeting underlined the government’s commitment to sustaining a strong alternative investment landscape.
4️⃣ Interaction With the 16th Finance Commission
Led by Chairperson Dr. Arvind Panagariya
Concluding the series of engagements, the Finance Minister held detailed discussions with members of the 16th Finance Commission, headed by Dr. Arvind Panagariya.
The conversation included recommendations on fiscal consolidation, tax distribution, state-centre financial coordination and long-term sustainable growth strategies. This interaction is considered pivotal as the Commission moves ahead with shaping India’s next financial framework.
Conclusion
The Finance Minister’s back-to-back meetings indicate the government’s proactive approach toward engaging with diverse sectors—ranging from heavy industries to venture capital and fiscal planning. These consultations are expected to play an important role in shaping upcoming economic policies.