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 MoreUnion Finance Minister Nirmala Sitharaman announced on Saturday that power departments and utilities in all the centrally-administered territories would be privatised
Finance Minister Nirmala Sitharaman and Minister of State (Finance) Anurag Thakur announced an increase in FDi in defence production from 49 to 74 per cent. However, Nirmala Sitharaman batted for Make In India in order to make the country self-reliant in defence sector.
In a major structural reform with potentially far-reaching implications, Union Finance Minister Nirmala Sitharaman on Saturday announced the opening up of the space exploration sector for private players
Among some big measures announced by the finance minister, was the decision to auction 6 more airports view a view to develop them on PPP (Public-Private Partnership) basis.
On Friday, Sitharaman announced a mix of financial, legislative and reform measures aimed largely at the agricultural sector. Sitharaman said that a central law will be formulated to provide ample choice to farmers to sell crops at an attractive price. The law will also enable barrier-free interstate trade and framework for the e-trading of agricultural produce.
Nirmala Sitharaman announced Rs 15,000 crore Animal Husbandry Infrastructure Development Fund. The fund has been announced with an aim to support private investment in dairy processing, value addition and cattle feed infrastructure.
In a major announcement, the government today extended Operation Green from tomatoes, onions, and potatoes (TOP) to all fruits and vegetables (TOTAL).
Out of 11 announcements made by Sitharaman, eight pertained to infrastructure and capacity building in the field of agriculture, while three related to governance and administration
Union Finance Minister Nirmala Sitharaman on Friday said that the government would amend the Essential Commodities Act to enable better price realization for farmers. Sitharaman said that there was a need to enable better price realization for farmers by attracting investments and making the agriculture sector competitive.
Finance Minister Nirmala Sitharaman addressed a press conference on Friday to announce the third tranche of government's economic stimulus package.
India Inc on Thursday said the second tranche of the stimulus package will provide relief to the most vulnerable sections of the society reeling under the impact of COVID-19 and boost the housing sector, aiding economic growth.
It was the second day of the press address of Finance Minister Nirmala Sitharaman who elaborated more on 20 lakh crore relief package announced by Prime Minister Narendra Modi some days ago.
Union Finance Minister Nirmala Sitharaman, who addressed a press conference to share details of the economic package, announced ₹30,000 crores Additional Emergency Working Capital Funding through NABARD.
Union Finance Minister Nirmala Sitharaman on Thursday announced a Rs 5000 crore Special Credit Facility for street vendors. The government will launch a special scheme within a month to facilitate easy access to credit to street vendors.
For middle-income group for people between the income of Rs 6 lakh to 18 lakh, the government has extended the credit-linked subsidy scheme up to March 2021; 2.5 lakhs middle income families to benefit during 2020-21, Finance Minister Nirmala Sitharaman said.
Union Finance Minister Nirmala Sitharaman on Thursday addressed the concerns of the migrant workers amid the ongoing coronavirus crisis in India. Announcing the second tranche of the Rs 20 lakh crore package, the finance minister said that the government will launch a scheme under PMAY for migrant workers, urban poor to provide ease of living at an affordable rent.
Finance Minister Nirmala Sitharaman on Thursday, declared a big push towards One Nation, One Ration Card.
Real Estate experts have called the Modi government's economic booster announced for the real estate sector on Wednesday as "much-needed" and hoped that this would provide the sector with more breathing space.
Earlier on Wednesday, Sitharaman laid out details of Modi government's Rs 20 lakh crore economic stimulus package which included Rs 30,000 crore Special Liquidity Scheme for non-banking financial companies, microfinance companies, housing finance companies; Rs 45,000 crore liquidity infusion through a Partial Credit Guarantee Scheme 2.0 for NBFCs.
Nirmala Sitharaman’s decision to extend RERA-imposed completion deadlines on real estate projects, has been hailed across the real estate sector.
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