Nirmala Sitharaman joined the BJP in 2008 and has served as a spokesperson for the party. In 2014, she was inducted into Narendra Modi's cabinet as a junior minister and in June 2014, she elected as a Rajya Sabha Member from Andhra Pradesh. In May 2016, she was one of the 12 candidates nominated by the BJP to contest the Rajya Sabha elections due on 11 June 2016. She successfully contested her seat from Karnataka. On 3 September 2017, she was elevated to Defence Minister. After Narendra Modi was re-elected in 2019 she became the first full time woman after Indira Gandhi to hold the Finance Minister post.
Read MoreSpeaking at the sixth annual meeting of the Board of Governors of New Development Bank(NDB) through video-conference, Sitharaman highlighted that India's COVID-19 vaccination drive, the largest in the world, is underway and to date, 63.9 million doses of made-in-India COVID vaccine have been supplied to 80 countries including 10.4 million doses of the vaccine as grants.
Finance Minister Nirmala Sitharaman on Wednesday said India enjoys an investment grade rating and she does not see a rating downgrade because of higher spending.
Union Finance Minister Nirmala Sitharaman on Tuesday said she was ready to discuss bringing petrol and diesel under GST in the next council meet.
Finance Minister Nirmala Sitharaman on Thursday said that fugitive businessmen Vijaya Mallya, Nirav Modi and Mehul Choksi are "coming back" to India" to face the law. The government is persuing extradition of Mallya and Modi from the UK while Choksi is believed to be in Antigua.
Amid bank strike over the proposed privatisation of the public sector banks, Union Minister Nirmala Sitharaman on Tuesday said not all banks are going to be privatised adding the interests of the employees will be taken care of.
The government has listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 for introduction, consideration and passing in the current session of Parliament.
Union Finance Minister Nirmala Sitharaman on Monday said that there is no proposal to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST).
Sitharaman, who had increased central excise duty on petrol and diesel by a record margin last year to mop up gains arising from international oil prices plunging to a two-decade low, remained non-committal on taking the first step to cut central taxes to give relief to consumers.
Petrol and diesel prices have increased sharply in the country over a period of time. In some cities, the price has reached Rs 100 per litre.
Union Finance Minister Nirmala Sitharaman on Sunday got candid about her life, at an interactive session hosted by Bangalore Chamber of Industry and Commerce (BCIC).
As petrol price in some cities in India crosses Rs 100 per litre, Finance Minister Nirmala Sitharaman on Saturday while responding to rising fuel prices in the country said it is an issue in which no answer except for fall in fuel price will convince anyone.
Sitharaman said that she has provided long-term certainty with the short-term stimulus in her budget.
Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.
Fiscal deficit -- the excess of government expenditure over its revenues -- is estimated to hit a record high of 9.5 per cent of the gross domestic product (GDP) in the current fiscal ending March 31 due to the COVID-19 pandemic.
Responding to Rahul Gandhi's speech on Thursday, during which he talked about farm laws but declined to speak on the Budget, Finance Minister Nirmala Sitharaman said, "he is probably becoming a doomsday man for India."
Finance Minister Nirmala Sitharaman reiterated that India's approach to the COVID-19 resulted in a retraction in the pandemic.
Finance Minister Nirmala Sitharaman said a challenging situation like the pandemic didn't deter the government from taking up reforms that are going to be necessary for sustaining long term growth for the country to boost the economy.
For today's session, the ruling BJP had directed all its members to be present in the House on Saturday, party sources said.
Union Finance Minister Nirmala Sitharaman will reply to the Budget discussion in Lok Sabha (Lower House) of the Parliament at 10 am on Saturday. Earlier on Friday, the Finance Minister said Union Budget for FY21-22 attempts at providing stimulus to the economy.
Nirmala Sitharaman said that it has now become a habit for some in the opposition to create a false narrative that the government only works for cronies.
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