Nirmala Sitharaman is an Indian politician with the Bharatiya Janta Party (BJP), and has served as Minister of Finance and Minister of Corporate Affairs since 2019 (this is as of March 2024). In the first Modi government, Sitharaman served as the Minister of Defence between 2017 and 2019, thereby becoming India’s second female defence minister and the second female finance minister after Indira Gandhi, and the first full-time female minister to hold each of those portfolios.
Sitharaman first joined the BJP in 2004 and was appointed party spokesperson six years later. She was first elected to the Rajya Sabha in 2014. While presenting her first budget, she made a statement by replacing the traditional budget briefcase with a ‘bahi-khata’ with the National Emblem to carry the speech and other documents.
I read only the headlines of this story…but glad and also surprised that the complexity (needless) of the GSR regime has been acknowledged.
I’d like to ask if indeed any estimations have been made by the govt on the average savings of the common household which’s likely to spend mostly on FMCG goods. And to what extent that will move the GDP needle.
Socialist Modi overtaxed Indians with GST 1.0 to fund his freebies, subsidies, reservations, loan waivers, ‘protect farmers’, and to torture non farmers.