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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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NEWS

Upcoming budget will have plan of action on economy, says Prakash Javadekar

Upcoming budget will have plan of action on economy, says Prakash Javadekar

Business | Jan 27, 2020, 03:42 PM IST

Union Minister Prakash Javadekar on Wednesday announced that the central government will have a 'plan of action' to boost the economy with the upcoming budget to be presented on February 1.

Union Budget 2020: Railways again expecting highest capex outlay

Budget 2020: Indian Railways again expecting highest capex outlay

Business | Jan 21, 2020, 09:20 PM IST

The Indian Railways is yet again expecting the highest-ever outlay for capital expenditure of over Rs 1.70 lakh crore from Union Finance Minister Nirmala Sitharaman, who is set to present the Budget on February 1.

Finance Minister, Nirmala Sitharaman, Economy, Indian Economy

'Kind of system cleaning BJP govt did after assuming office in 2014 unbelievable': Sitharaman

India | Jan 20, 2020, 12:21 PM IST

Union Finance Minister Nirmala Sitharaman has said the kind of cleaning in the system that the BJP-led government had to carry out after coming to power in 2014 was "unbelievable".

2,838 persons from Pakistan given Indian citizenship in the last six years: FM Sitharaman

2,838 persons from Pakistan given Indian citizenship in the last six years: FM Sitharaman

India | Jan 19, 2020, 04:31 PM IST

Union Finance Minister Nirmala Sitharaman on Sunday said during the past six years 2,838 persons from Pakistan, 914 persons from Afghanistan and 172 persons from Bangladesh have been conferred Indian citizenship. 

Nirmala Sitharaman 

FM may announce second round of capital infusion for non-life insurers in Budget

Business | Jan 17, 2020, 11:40 AM IST

Finance Minister Nirmala Sitharaman may announce second-round capital infusion for public sector general insurance companies in the upcoming Budget to improve their financial health.

Budgetary provisions for mid-day meal in madrasas among

Budgetary provisions for mid-day meal in madrasas among BJP's wishlist to Nirmala

Business | Jan 10, 2020, 09:29 PM IST

​Finance Minister Nirmala Sitharaman received an unusual suggestion from the BJP - to consider making budgetary provisions to start mid-day meals in madrasas across India following modernising them.

Budget, Budget session, Union Budget 2020, Nirmala Sitharaman, PM Modi, Amit Shah, BJP

Union Budget to be presented on Feb 1, Parliament session to commence from Jan 31

Business | Jan 09, 2020, 10:53 AM IST

Union Budget 2020-2021 will be presented by Finance Minister Nirmala Sitharaman on February 1 as the first phase of budget session will commence from January 31 and remain effective till February 11

Govt has taken steps to address issues without waiting for Budget, says Sitharaman

Govt has taken steps to address issues without waiting for Budget, says Sitharaman

Business | Jan 05, 2020, 06:00 PM IST

Finance Minister Nirmala Sitharaman on Sunday said the Centre has taken steps to address the challenges faced by various sectors without waiting for the Budget. She also said that GST collection, which crossed Rs 1 lakh crore per month mark during the last two months, will remain "good" in coming days.

Nobel laureate Abhijit Banerjee

Nobel laureate Abhijit Banerjee on why there shouldn't be anymore cuts in corporate tax & more

Business | Jan 04, 2020, 02:02 PM IST

Talking about the economic slowdown in India, Nobel laureates Abhijit Banerjee said that it was important that there were no more cuts in corporate taxes.

Sitharaman unveils Rs 102 lakh crore infrastructure plan to

Sitharaman unveils Rs 102 lakh crore infrastructure plan to achieve $5 trillion target

India | Dec 31, 2019, 04:11 PM IST

Finance Minister Nirmala Sitharaman on Tuesday unveiled Rs 102 lakh crore of infrastructure projects that will be implemented in the next five years as part of the government's spending push in the infrastructure sector. 

No MDR charges applicable on payment via RuPay, UPI from Jan 1, says Nirmala Sitharaman

No MDR charges applicable on payment via RuPay, UPI from Jan 1, says Nirmala Sitharaman

Business | Dec 28, 2019, 06:34 PM IST

In a bid to promote digital payments, Finance Minister Nirmala Sitharaman on Saturday said no MDR charges will be applicable on transactions through homegrown RuPay and UPI platforms beginning January 1, 2020.

Banks instructed to clear pending vigilance cases against officials: Sitharaman

Banks instructed to clear pending vigilance cases against officials: Nirmala Sitharaman

Business | Dec 28, 2019, 02:53 PM IST

Finance Minister Nirmala Sitharaman on Saturday instructed public sector banks to clear pending vigilance cases against their officials for alleged malpractices. The minister also said no Merchant Discount Rate (MDR) charges will be applicable on select modes of payment from January 1.

Sitharaman to meet heads of PSBs to discuss credit situation, economy on Saturday

Sitharaman to meet heads of PSBs to discuss credit situation, economy on Saturday

India | Dec 27, 2019, 05:10 PM IST

Finance Minister Nirmala Sitharaman on Saturday will hold a meeting with heads of public sector banks to discuss various issues including the recently announced government measures to prop up the economy

From 49% to 100%, Govt may hike FDI in aviation in upcoming Budget

From 49% to 100%, Govt may hike FDI in aviation in upcoming Budget

Business | Dec 26, 2019, 10:22 PM IST

The government is contemplating a budget announcement to hike the foreign direct investment (FDI) limit in the aviation sector from 49 percent to 100 percent to attract international bids for Air India, slated for sale this financial year.

FM Sitharman releases postage stamp to commemorate contribution of DRI

FM Sitharman releases postage stamp to commemorate contribution of DRI

India | Dec 26, 2019, 09:35 PM IST

  Finance Minister Nirmala Sitharaman on Thursday released a postage stamp to commemorate distinguished service and glorious contribution of Directorate of Revenue Intelligence (DRI) in protecting the nation.  

TUs urges FM to hike income tax ceiling, minimum wages, pension.

Trade unions urges Nirmala Sitharaman to hike income tax ceiling, minimum wages, pension

India | Dec 19, 2019, 07:14 PM IST

Trade unions urged the government to provide a minimum wage of Rs 21,000, a minimum pension of Rs 6,000 under Employees' Pension Scheme and tax exemption on the annual income of up to Rs 10 lakh in a pre-budget meeting with Finance Minister Nirmala Sitharaman on Thursday.

Sonia Gandhi shedding crocodile tears; Indira Gandhi had

Sonia Gandhi shedding crocodile tears; Indira Gandhi had sent students to Tihar: BJP

India | Dec 17, 2019, 06:56 AM IST

Hitting back at Sonia Gandhi for her remark that the Modi government has "declared war on its own people", Union minister Nirmala Sitharaman on Monday said the Congress president was shedding "crocodile tears" for political gains.

Nirmala Sitharaman

Nirmala Sitharaman to hold pre-Budget consultations with stakeholders from Monday

Business | Dec 15, 2019, 03:48 PM IST

Beginning the customary pre-Budget consultation exercise from Monday, Finance Minister Nirmala Sitharaman will seek inputs from various stakeholders including industry bodies, farmer organisations and economists for reviving consumption and boosting growth.

Nirmala Sitharaman/File

Buzz of increasing GST rates everywhere except my office, says Nirmala Sitharaman

India | Dec 13, 2019, 05:19 PM IST

Ahead of the crucial meeting of the GST Council, Finance Minister Nirmala Sitharaman on Friday said the buzz of an increase in GST rates is everywhere other than her office. 

Finance Minister Nirmala Sitharaman among world's 100 most

Nirmala Sitharaman among world's 100 most powerful women: Forbes

India | Dec 13, 2019, 11:46 AM IST

Finance Minister Nirmala Sitharaman, HCL Corporation CEO and Executive Director Roshni Nadar Malhotra and Biocon Founder Kiran Mazumdar-Shaw have been named among the world's 100 most powerful women by Forbes.