Nirmala Sitharaman To Facilitate Co-ordination Between Finance And Commerce Ministries
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Former BJP spokesperson, The two ministries have often been at loggerheads over key policy issues. "What is important is to see where unnecessary overlaps have caused delays. If there is efficiency in bringing activities and departments together, it is beneficial for the country," said Sitharaman.
The first issue that Jaitley and Sitharaman will have to resolve is the foreign direct investment (FDI) policy. The
"It appears that Finance (Ministry) will call the shots on a lot of issues, especially (those) related to FDI. However, having a common minister will also mean more synergy between the two departments who have always had turf wars in the past, affecting decision-making," said a Commerce Department official.
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