Pankaj Chaudhary

December 8, 2025 3:50 PM

India’s revamped consumption survey data helped revise global poverty calculations: Minister

The World Bank has observed that India’s revamped consumption survey data has played a significant role in updating global poverty calculations, the Parliament was informed on Monday. According to the World Bank, the rise in international poverty estimates reflects global price changes as well as improvements in country-level data quality. Union Minister of State for Finance Pankaj Chaudhary told the Lok Sabha that India’s extreme poverty rate declined sharply - from 27.12 per cent in 2011...

April 3, 2025 3:09 PM

India to review impact of US reciprocal tariffs, says MoS Finance

India will review and assess the impact of the 27 per cent reciprocal tariffs imposed by the United States, Union Minister of State for Finance Pankaj Chaudhary said on Thursday. His remarks come in response to the recent tariff hike affecting Indian exports to the US. Speaking to reporters in New Delhi, Chaudhary emphasized the differing trade priorities of the two nations. "For Donald Trump, it's America First, and for Modi ji, it's India First. We will analyze the situation, assess its impac...

March 19, 2025 10:39 AM

India achieves significant milestones in financial inclusion: over 55 crore Jan-Dhan accounts opened

India has reached significant milestones in financial inclusion, with the National Mission for Financial Inclusion (NMFI), launched through the Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014, recording the opening of over 55.02 crore Jan-Dhan accounts as of March 7. Of these, 36.63 crore accounts are in rural and semi-urban areas, underscoring the scheme's reach in underserved regions. The Minister of State for Finance, Pankaj Chaudhary, shared this information in a written reply to the R...