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 MoreOut 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.
Here are the reactions of some of the Tech MSME’s on the Finance MinisterNirmala Sitharaman’s announcement she made on Wednesday.
Union Finance Minister Nirmala Sitharaman on Wednesday announced a series of relief measures spanning across the micro small and medium enterprise (MSME), power, real estate sectors, besides providing a slew of temporary changes to the direct tax collection rules.
Former finance minister and Congress leader P Chidambaram on Wednesday expressed disappointment over the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi and elaborated by Union Finance Minister Nirmala Sitharaman.
In a major relief to contractors, Union Finance Minister Nirmala Sitharaman on Wednesday said all central agencies will provide an extension of up to six months, without costs to the contractor. These central agencies include Railways, Ministry of Road Transport and Highways, Central Public Works Department, etc.
As per the announcement made by Finance Minister Nirmala Sitharaman, to provide more funds to taxpayers, TDS for non-salaried specified payments made to residents and rates of TCS for specified receipts shall be reduced by 25%. The reduction will remain valid till March 31, 2021.
Finance Minister Nirmala Sitharaman on Wednesday announced an economic relief package amid nationwide coronavirus lockdown in which her prime focus was on to save jobs in the MSME sector and help it to get back on track.
Finance Minister Nirmala Sitharaman came to the aid of Non-Banking Financial Companies (NBFC) as she declared liquidity infusion of Rs 45 thousand crore for them.
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