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Who is Nirmala Sitharaman

Nirmala Sitharaman

About Nirmala Sitharaman

Who is Nirmala Sitharaman

Nirmala Sitharaman is a prominent Indian politician and a senior leader in the Bharatiya Janata Party (BJP), currently holding the portfolios of the Ministry of Finance and the Ministry of Corporate Affairs in the Prime Minister Narendra Modi-led government. She is also a Member of Parliament in Rajya Sabha from Karnataka constituency. She is the first full-time woman Finance Minister of India, a position she assumed in May 2019. Earlier, Indira Gandhi had briefly held the finance portfolio as an additional charge while serving as Prime Minister. Sitharaman presented the government's first Budget of its second term on July 5,
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Latest Updates on Nirmala Sitharaman

States not in favour of bringing aviation turbine fuel under GST: FM

She further said that the GST Council has also deferred the decision with regard to rate rationalisation as more time is required by the GoM for a comprehensive study

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Updated On : 21 Dec 2024 | 8:02 PM IST

States seek higher interest-free capex loans, increased borrowing limit

Infrastructure development emerged as a key focus area, with states calling for dedicated funding for state-specific road and railway projects

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Updated On : 21 Dec 2024 | 12:01 AM IST

Funds devolved to states under 15th Finance Commission higher: FM

In addition to this, the Union finance minister stated that the Centre has created an additional dispensation under SASCI for the states affected by disaster of a severe nature as assessed by the Inte

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Updated On : 20 Dec 2024 | 11:28 PM IST

States ask FM for more funds under loan scheme, higher borrowing cap

In the Budget for 2024-25, Sitharaman had hiked the allocations for interest-free loans to states for capital expenditure, enabling states to spend more on infrastructure and specified reforms

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Updated On : 20 Dec 2024 | 8:20 PM IST

Sitharaman to hold pre-Budget talks with state finance ministers on Friday

The official further noted that this year's Budget consultations are particularly significant due to the political outcomes of recent state elections

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Updated On : 19 Dec 2024 | 11:32 PM IST

Tourism minister to meet FM seeking 'infrastructure' status for his sector

The sector has long been demanding infrastructure status, which will help it avail debt at a lower cost and boost reinvestment of profits within the industry

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Updated On : 18 Dec 2024 | 8:44 PM IST

Rs 14,131.6 crore recovered from Vijay Mallya's asset sales: FM Sitharaman

The Enforcement Directorate has restored assets worth Rs 22,280 crore to victims or rightful claimants from cases involving economic offences, the finance minister informed Lok Sabha

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Updated On : 18 Dec 2024 | 1:41 PM IST

ED restored properties worth Rs 22,280 cr to legitimate claimants: FM

She said Rs 14,131.6 crore worth properties belonging to fugitive Vijay Mallya have been restored to public sector banks

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Updated On : 17 Dec 2024 | 7:33 PM IST

Q2 growth a temporary blip, economy to see better growth: FM Sitharaman

The Indian economy grew 6.7 per cent in the April-June quarter and 5.4 per cent in the July-September period of FY2024-25

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Updated On : 17 Dec 2024 | 6:53 PM IST

Nehru, Indira's policies hurt Indian economy for first five decades: FM

In her nearly 80-minute speech, Sitharaman said the Congress keeps questioning the Sangh Parivar about its role during the freedom movement

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Updated On : 16 Dec 2024 | 11:43 PM IST

Cong anti-women, amended Constitution to help dynasty: FM Sitharaman in RS

She also alleged that it was "anti-woman" for failing to get the women's reservation bill passed when it was in power

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Updated On : 16 Dec 2024 | 7:55 PM IST

BJP prioritises electoral politics over governance: Kharge in RS debate

Congress President and Rajya Sabha Leader of Opposition Mallikarjun Kharge accused BJP of twisting and distorting facts, as well as being against reservation

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Updated On : 16 Dec 2024 | 3:58 PM IST

Cong 'anti-women', amended Constitution to help family: Sitharaman in RS

She said the amendments were not to strengthen democracy but to protect those in power and strengthen the family

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Updated On : 16 Dec 2024 | 2:45 PM IST

Congress govt prioritised dynasty over democracy: Sitharaman in RS debate

Opening the Rajya Sabha debate on Monday, Union Finance Minister Nirmala Sitharaman accused previous Congress-led central governments of suppressing freedom of speech

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Updated On : 16 Dec 2024 | 12:36 PM IST

Sri Lankan prez Dissanayake meets FM Sitharaman to discuss economic ties

Earlier on Sunday, Dissanayake also met External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval

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Updated On : 16 Dec 2024 | 7:13 AM IST

FinMin asks banks to closely monitor NCLT, NARCL cases to reduce delays

The discussion on cases at NARCL centred on expediting timelines for the resolution of accounts

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Updated On : 12 Dec 2024 | 9:32 PM IST

GNPA of PSBs declines to 3.12% in Sep from 14.58% in March 2018: FinMin

During 2023-24, PSBs recorded the highest-ever aggregate net profit of Rs 1.41 lakh crore against Rs 1.05 lakh crore in 2022-23

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Updated On : 12 Dec 2024 | 6:44 PM IST

Centre seeks Parliament approval for extra Rs 86,730 crore spending in FY25

The net additional spending, as stated by the government, amounts to Rs 44,183 crore for the financial year ending March 31

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Updated On : 12 Dec 2024 | 3:02 PM IST

Retailers urge FinMin and GST Council not to go for higher 35% tax rate

All the gains of the GST regime will be wiped out, with permanent damage to the vast age-old retailer network of India

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Updated On : 12 Dec 2024 | 2:56 PM IST

PSBs were UPA's ATM for cronies: FM Sitharaman hits out at Rahul Gandhi

Banking sector, especially Public Sector Banks (PSBs), have seen a remarkable turnaround under the leadership of Prime Minister Narendra Modi, she said

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Updated On : 11 Dec 2024 | 10:41 PM IST