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 MoreRailway Budget 2020: Indian Railways, the lifeline of the country and the common man, is expecting big announcements from the Railway Budget 2020. Will trains fare hike? Is one of the biggest questions raised ahead of Budget. Railway Budget 2020 is expected to lay out the roadmap for an investment of Rs 50 lakh crore by 2030 in the Indian Railways network.
Union Finance Minister Nirmala Sitharaman carried documents in a traditional 'Bahi-Khata' (ledger) wrapped in a red cloth for Budget 2020. This is Sitharaman's second budget presentation.
Budget 2020: Finance Minister Nirmala Sitharaman presented Budget 2020 in Lok Sabha on February 1. During her speech, Sitharaman announced major reforms for agriculture and education sector including a simplification of GST system. Here are the BIG Highlights from Budget 2020:
Budget 2020 updates: Finance Minister Nirmala Sitharaman on Saturday presented her second union budget with a vision to revive the economy. The biggest take away from her budget speech is the introduction of new income tax regime which will be a major relief for the middle class.
The reason for this is not to implement the scheme by some states like West Bengal. Also, many states do not have proper data of farmers. The target of farmers availing this scheme has been reduced from 14.5 crore to 14 crores which will mean lower spending and allocation under the scheme.
The import duty hike on footwear is a move to thwart the increase in imports of undervalued and cheap footwear. While the majority of imports are coming from ASEAN countries, with which India has a free trade agreement, it is suspected that China is re-routing large quantities of footwear through these countries.
Budget 2020: There's bad news for taxpayers as Economic Survey 2019-2020 report makes an alarming revelation. According to the Economic Survey, in 2019, taxpayers' total money invested in public Sector Banks (Sarkari banks) by the government has suffered a massive loss.
Budget 2020: The last budget, presented in July, emphasised on self-help groups (SGHS) and announced that every woman member of SGHS, holding a Jan Dhan account will be allowed an overdraft of ₹ 5,000.
As Nirmala Sitharaman presents Union Budget 2020, all eyes are on the big announcements by the Finance Minister.
Defence of India's territory and interests is of foremost importance. There is no space for any laxity when it comes to keeping our armed forces in top condition. We are a unique country that has battlefields in hilly regions, snow-capped mountains as well as in forests and a variety of other geographical conditions. The challenges around us are many and we have some of the finest armed forces in the world.
Budget 2020: As the Budget presentation comes amid an economic slowdown, expectations are high that the Union budget could provide the much-needed boost or balm-propel investments and demand and, most importantly, lift sentiment.
Union Budget 2020: Are you Mutual fund investor? Then this news is very for you as the Union Budget for FY 2020-21 will be presented today. Finance Minister Nirmala Sitharaman will be presenting the Budget in Parliament. So, Mutual funds investors will not be able to make a fresh investment or sell their units on the Budget day
Budget 2020: Finance Minister Nirmala Sitharaman will table her second union budget with a vision to revive the economy. Catch all the live updates here.
As Finance Minister Nirmala Sitharaman gets ready to present the Union Budget 2020, the whole country is waiting to see whether the government will also focus on the common good in addition to improving the fiscal situation.
India's civil aviation sector has emerged as one of the fastest-growing industries in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. However, it’s been a difficult time for India’s aviation sector
Budget 2020-21 will show buoyancy in revenue realisation and propose to make heavy investment in infrastructure, agriculture, rural development, education and health sectors said Dr. Agarwal.
Union Budget 2020: Finance Minister Nirmala Sitharaman has quite a task ahead of her as she prepares to present Union Budget 2020 in the Lok Sabha on Saturday (February 1). The economy is not in the best of shapes. International Monetary Fund (IMF) has already slashed India's growth forecast from 6.1 per cent to 4.8 per cent. Prices of goods are high and the common man is looking at Budget 2020 just as he is at his own pocket.
Live Streaming, Budget 2020: Finance Minister Nirmala Sitharaman is presenting Budget 2020 in Parliament. To watch Live Streaming of Budget 2020, Budget 2020 Live Coverage, Budget 2020 Live Telecast, Nirmala Sitharaman's Budget Speech - tune into India TV. India TV has the most articulate analysis of Budget 2020. You can also get Live Updates of Budget 2020 on Twitter and Facebook.
Union Budget 2020 is being billed as one of the toughest in decades for a finance minister. Nirmala Sitharaman has a mountain to climb with different wheels of economy signalling stress. Common man is looking forward to the budget speech with hopes like more job creation, adjustments in personal income tax slabs and bringing the different sectors back on growth path.
The Economic Survey 2019-2020 has pointed out high drop out rates at various levels of schooling and lack of affordability in higher education as areas of concern.
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