Date: 2025-12-20Category: Press ReleaseState: Union GovernmentCountry: India
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
**Executive Summary**
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, along with the Minister of State for Corporate Affairs, Shri Harsh Malhotra, chaired the Chintan Shivir of the Ministry of Finance and the Ministry of Corporate Affairs in Hampi, Vijayanagara district, Karnataka on December 20-21, 2025. The Chintan Shivir included senior officers from the Ministry of Finance, Ministry of Corporate Affairs, and associated departments. Discussions focused on strengthening institutional capacity and policymaking.
**Key Points / Main Content**
* **Chintan Shivir Details:**
* Chaired by Smt. Nirmala Sitharaman and Shri Harsh Malhotra.
* Location: Hampi, Vijayanagara district, Karnataka.
* Dates: December 20-21, 2025.
* **Participants:**
* Senior officers from the Ministry of Finance.
* Senior officers from the Ministry of Corporate Affairs.
* Secretaries of the Ministry of Finance and the Ministry of Corporate Affairs.
* Chairmen of Central Board of Direct Taxes (CBDT).
* Chairmen of Central Board of Indirect Taxes and Customs (CBIC).
* Chief Economic Adviser to the Government of India.
* Senior officers from associated departments.
* **Discussion Topics:**
* Strengthening institutional capacity and policymaking.
* Use of artificial intelligence and technology-enabled systems.
* Process reforms to improve Ease of Doing Business.
* Simplification of procedures and regulatory predictability.
* Coordinated inter-departmental functioning and efficient fund flows.
* Future-ready tax administration and financing pathways for sustained growth.
* Leveraging digital tools for transparency, efficiency, and accountability.
**Impact Analysis**
**Ministry of Finance and Corporate Affairs**
* **Impact:** Enhanced understanding of current challenges and opportunities for improvement; alignment on strategies for strengthening institutional capacity and promoting economic growth.
* **Action Required:** Implement discussed strategies and reforms; leverage insights from the Chintan Shivir to inform future policymaking.
**Government of India**
* **Impact:** Better coordinated and more efficient financial and corporate governance; improved Ease of Doing Business; enhanced transparency and accountability.
* **Action Required:** Support the implementation of reforms initiated by the Ministry of Finance and Corporate Affairs; ensure alignment of policies across government departments.
Key Entities Referenced
Chintan Shivir: A strategic retreat chaired by the Union Minister for Finance and Corporate Affairs and Minister of State for Corporate Affairs, focused on discussions and policymaking related to finance and corporate affairs.
Ministry of Finance: The primary government body responsible for financial matters, playing a key role in the Chintan Shivir.
Ministry of Corporate Affairs: The government body overseeing corporate affairs, jointly participating in the Chintan Shivir.
Vijayanagara, Karnataka: The location where the Chintan Shivir took place, influencing the discussions due to its historical significance and local challenges.
Ministry of Finance
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 Affairs, and associated departments are also
participating in the Chintan Shivir
प्रव तथ: 20 DEC 2025 7:47PM by PIB Delhi
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman, along with Union Minister of
State for Corporate Affairs Shri Harsh Malhotra, chaired the Chintan Shivir of the Ministry of Finance and
the Ministry of Corporate Affairs, at Hampi in Vijayanagara district, Karnataka, today.
All Secretaries of the Ministry of Finance and the Ministry of Corporate Affairs, Chairmen of Central
Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC), and the Chief
Economic Adviser to the Government of India were also present, besides senior officers from the Ministry
of Finance and the Ministry of Corporate Affairs, and associated departments.In a session on “AI, Ease of Doing Business & Financing for Viksit Bharat”, the discussions focused on
strengthening institutional capacity and policymaking through the use of artificial intelligence,
technology-enabled systems, and process reforms to improve Ease of Doing Business.
Deliberations covered simplification of procedures, regulatory predictability, coordinated inter-
departmental functioning, efficient fund flows, future-ready tax administration, financing pathways for
sustained growth, and leveraging digital tools for transparency, efficiency, and accountability.
In her remarks, FM Smt. Sitharaman reflected on the historical significance of the Vijayanagara region,
noting that it represents one of the closest examples of an Indian empire at its peak barely 500 years ago,
with its imprint visible across large parts of the subcontinent.
She also drew attention to the contrast within the same district — where magnificent monuments coexist
with drought-prone areas facing low agricultural productivity and human–animal conflict — underscoring
the need to remain grounded in present-day developmental realities.Union Minister for Finance and Corporate Affairs Smt. @nsitharaman, along with
Union Minister of State for Corporate Affairs Shri @hdmalhotra, chaired the
Chintan Shivir of the Ministry of Finance @FinMinIndia and Ministry of Corporate
Affairs @MCA21India, at Hampi in… pic.twitter.com/FN2Qxfx9Tu
— Ministry of Finance (@FinMinIndia) December 20, 2025
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NB/KMN
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इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , Marathi , ही , Kannada