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Sunday, October 12, 2025
TopicFinance Minister Nirmala Sitharaman

Topic: Finance Minister Nirmala Sitharaman

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.

More Indians filing tax returns but only 1-2% of population actually pays income tax, shows govt data

TCA Sharad Raghavan -
Data presented in Parliament shows income tax compliance is increasing due to govt making better use of GST data & TDS mechanism, but bulk of tax filers have 0 tax incidence.

Nirmala Sitharaman attacks Obama over comment on Modi — ‘ex-US president bombed 6 Muslim countries’

Pia Krishnankutty -
Before the finance minister, Assam CM Himanta Biswa Sarma, too, had criticised former US president Barack Obama's remarks on protection of ethnic minorities & Muslims in India.

Finance Ministry working to clamp down ‘like never before’ on bogus financial apps, says Sitharaman

TCA Sharad Raghavan -
The FM urges people to be cautious when following the advice of ‘finfluencers’ or investing through financial apps without doing due diligence, likening these to Ponzi schemes.

ED seize assets worth Rs 1,243 crore in cryptocurrency criminal cases, says Sitharaman

TCA Sharad Raghavan -
The investigative body has taken action under the Prevention of Money Laundering Act and the Foreign Exchange Management Act.

GDP data shows how well Nirmala Sitharaman handled pandemic economy. Critics judged too soon

+TFP TCA Sharad Raghavan -
The impact of pandemic meant that the revisions made to the data for 2020-21 and 2021-22, in particular, are even more significant than usual.

RBI will take action as required to keep inflation within expected limits, says Finance Minister Sitharaman

Nikunj Ohri -
At a post budget industry event in Jaipur Monday, the Finance Minister noted that inflation is unique to each country in the emerging markets & the RBI will take the required steps.

Where Budget 2023 excels—fiscal prudence to reviewing ‘Covid spending’

Madan Sabnavis -
The sanctity of budgeting has been preserved amid a lot of expectations, given that this is a pre-election year budget.

How to do Bharat Jodo on a Budget & Hindenburg underestimates nationalists, again

Karthika Hariharan -
The best cartoons of the day, chosen by the editors at ThePrint.

How Sitharaman can live up to her Budget promise of KYC simplification

Renuka Sane -
Our response to KYC problems has been to bring technology to streamline processes. The problem is that they often don’t work as well as one would have hoped.

Budget 2023: Fiscal deficit to meet 6.4% target in FY23, aim for 5.9% in FY24, says Sitharaman

TCA Sharad Raghavan -
In her budget speech, Sitharaman said her govt was committed to bringing down fiscal deficit to 4.5% by 2025-26 and pegged economic growth at 7% in the current fiscal.
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