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Nirmala Sitharaman 260x260 image

Nirmala Sitharaman

Nirmala Sitharaman

DOB: August 18, 1959

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.

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Union Budget 2020: Govt cuts allocation for PM-Kisan by 27.5 pc; Tomar hails PM, FM

Business | Feb 01, 2020, 06:38 PM IST

Amid concerns that lower funds had been earmarked for the PM-Kisan scheme, Union Agriculture Minister Narendra Singh Tomar hailed the Budget 2020 saying adequate fund to the tune of Rs 1.60 lakh crore has been allocated for agriculture and its allied sector

Budget 2020, Electric Vehicles, Electric Vehicles Budget 2020

What's for Electric Vehicles segment in Budget 2020

Business | Feb 01, 2020, 05:54 PM IST

Finance Minister Nirmala Sitharaman presented her second union budget with an aim to revive the economy and speed up growth amid global slowdown. Here's a quick guide as to what Budget has brought for the Electric Vehicles makers and consumers.

Budget 2020: Who got what | Full list

Budget 2020: Who got what | Full list

Business | Feb 01, 2020, 05:19 PM IST

Finance Minister Nirmala Sitharaman today presented the Budget for financial year 2020-21 in Lok Sabha. Sitharaman announced cuts in personal income tax, extended tax benefits for affordable housing and gave relief to companies on payment of dividend in the Union Budget as the government looked to boost consumption to bring the economy out of the slowdown. 

Sitharaman stresses upon improved flow of funds to northeast

Budget 2020: Sitharaman stresses upon improved flow of funds to northeast

Business | Feb 01, 2020, 05:04 PM IST

The northeast region has a very high priority in government's developmental agenda, said the Union Finance Minister Nirmala Sitharaman on Saturday, stressing upon that the government will to ensure smooth access to financial assistance from funding agencies.  

FM introduces mega reforms with capital push

Banking sector: FM introduces mega reforms with capital push

Business | Feb 01, 2020, 04:56 PM IST

Finance Minister Nirmala Sitharaman on Saturday unveiled several reforms across the banking sector, financial markets and infrastructure financing. 

union budget, budget 2020, nirmala sitharaman,

Budget 2020: ₹ 28,600 cr earmarked for women-related program

Business | Feb 01, 2020, 04:52 PM IST

The first full-time woman Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament on Saturday. In this budget, the Finance Minister proposed ₹ 28,600 allocation for programs that were specific to women.

Govt intends to remove all income tax exemptions in long

Govt intends to remove all income tax exemptions in long run: Sitharaman

Business | Feb 01, 2020, 04:35 PM IST

After slashing income tax rates for individuals on condition that they give up exemptions and deductions, Finance Minister Nirmala Sitharaman on Saturday said the government intends to remove all I-T exemptions in the long run.

Budget 2020, Nirmala Sitharaman, Finance Minister, Budget, Farmers, Shiv Sena

Sitharaman's 16-point plan for agriculture just an eyewash: Shiv Sena

Business | Feb 01, 2020, 04:28 PM IST

Slamming budget 2020, Shiv Sena leader Kishore Tiwari termed finance minister Nirmala Sitharaman's 16-point action plan for agriculture in Budget just an eyewash.

Scotsman James Wilson

Meet James Wilson - Economist who introduced first Budget, Income Tax in India

Business | Feb 01, 2020, 04:36 PM IST

Remembered as Scotsman James Wilson, the popular economist introduced the first Budget of Independent India in 1860, and it looked very different then. In 2020 now, Finance Minister Nirmala Sitharaman presented the Budget 2020 in Lok Sabha.

Nirmala Sitharaman lays budget documents in Rajya Sabha; demands grants for next financial year

Nirmala Sitharaman lays budget documents in Rajya Sabha; demands grants for next financial year

Business | Feb 01, 2020, 02:40 PM IST

Union Finance Minister Nirmala Sitharaman on Saturday laid budget documents and demand for grants for the next financial year in Rajya Sabha. As the House met after the presentation of the budget in Lok Sabha, Sitharaman laid a statement of the estimated receipts and expenditure of the Government for the year 2020-21.  

Budget 2020: What gets cheaper

Budget 2020: Microphones, sports goods to now cost less. Full list of what gets cheaper

Business | Feb 01, 2020, 05:24 PM IST

As the Budget presentation advanced, Finance Minister Nirmala Sitharaman threw light on products and commodities that will now cost less. As finance minister, this was the second budget presentation by Sitharaman and this was also the second budget since Prime Minister Narendra Modi came to power for a second term.

Budget 2020: What gets costly

Budget 2020: Butter, combs, stationaries to cost more. Detailed list of what gets costly

Business | Feb 01, 2020, 05:08 PM IST

As the Budget presentation advanced, Finance Minister Nirmala Sitharaman threw light on things that will now be costlier. As finance minister, this was the second budget presentation by Sitharaman and this was also the second budget since Prime Minister Narendra Modi came to power for a second term.

Breaking: Sitharaman cuts short Budget speech after feeling

Sitharaman cuts short Budget speech after feeling unwell

Business | Feb 01, 2020, 03:54 PM IST

Finance Minister Sitharaman cuts her Union Budget 2020 after feeling unwell towards fag end, reports PTI. Sitharaman was presenting her second Budget for FY 2020-2021 in Parliament. Her blood pressure reportedly fell and she was advised to sit.

Budget 2020: BIG announcement! Govt to sell part holding in

Budget 2020: BIG announcement! Govt to sell part holding in LIC through IPO

Business | Feb 01, 2020, 02:05 PM IST

Budget 2020: Making a big announcement in her Budget speech, Finance Minister Nirmala Sitharaman said the government will sell a part of its stake in Life Insurance Corporation (LIC) through an Initial Public Offering (IPO). At present, the government owns the entire 100 per cent stake in Life Insurance Corporation of India (LIC).

Union Budget 2020

Union Budget 2020: Concessional withholding rate on interest payment extended up to June 30

Business | Feb 01, 2020, 01:29 PM IST

Finance Minister Nirmala Sitharaman on Saturday said that concessional withholding rate of 5 percent on interest payment to non-residents extended up to June 30, 2022. 

Nirmala Sitharaman, Bullet train, union Budget, Budget 2020

Bullet train project to be actively pursued: FM Sitharaman

Business | Feb 01, 2020, 01:23 PM IST

Union Finance Minister Nirmala Sitharaman on Saturday said that the work on Prime Minister Narendra Modi's ambitious 508-km Ahmedabad-Mumbai High Speed train project will be actively pursued and also said that it will set up 'Kisan Rail' through public private partnership (PPP) for transportation of perishable goods.

Finance Minister Nirmala Sitharaman

Budget proposal on climate change: Power plants with emissions above prescribed limits to be closed

Business | Feb 01, 2020, 01:17 PM IST

Power plants with emissions above prescribed limits will be asked to close down, Finance Minister Nirmala Sitharaman said on Saturday. Presenting the Budget for 2020-21, she said India's commitment towards tackling climate change made at Paris conference kick starts from January 1, 2021.

Fiscal deficit pegged at 3.8% in current fiscal, 3.5% in

Fiscal deficit pegged at 3.8% in current fiscal, 3.5% in next: Sitharaman

Business | Feb 01, 2020, 01:14 PM IST

Fiscal deficit is pegged at 3.8 percent in current fiscal and 3.5 percent in the next, Union Finance Minister Nirmala Sitharaman said as she presented Budget 2020 in Parliament. 

Task force to be set up for recommending marriageable age for women: Nirmala Sitharaman

Task force to be set up for recommending marriageable age for women: Nirmala Sitharaman

Business | Feb 01, 2020, 01:08 PM IST

Presenting the Budget for 2020-21, Sitharaman said Rs 9,500 crore has been provided for senior citizens and Divyangs, while Rs 35,600 crore has been allocated for nutrition related programme in FY21.

Budget 2020: FM introduces campaign against tuberculosis, announces Rs. 69,000 for Health sector

Budget 2020: FM introduces campaign against tuberculosis, announces Rs. 69,000 for Health sector

Business | Feb 01, 2020, 01:02 PM IST

Health Budget 2020: Finanace Minister Nirmala Sitharaman said that the government has allocated Rs. 69,000 crore to give a boost to the Health sector. Presenting the Budget in the Lok sabha, Sitharaman proposed to expand Jan Aushadhi Kendras in all districts of the country to provide medicines at affordable rates.

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