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Saturday, May 11, 2024
TopicNirmala Sitharaman

Topic: 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.

Keep calm & continue reform — mantra for Modi govt and RBI as Indian economy braces for 2022

Ila Patnaik -
The Modi government needs to keep pushing reforms as the Indian economy will be put to fresh tests in 2022 on several fronts amid a turbulent phase.

Singed by farm protests, Modi govt holds up privatisation of 2 PSU banks until state polls

Shubham Batra -
The government had listed the Banking Laws (Amendment) Bill, 2021 in the Winter Session of Parliament but it still awaits cabinet approval.

Increase capital spending, Centre tells states, Sitharaman to meet state FMs next week

Shubham Batra -
Efforts to ensure that states increase capital spending also come at a time when spending by the private sector has continued to be slow.

Modi govt expects better finances in second half of FY22 thanks to momentum of recovery

Shubham Batra -
Despite the harsh economic impact of the pandemic, there has been a definite uptick in the tax collections, a half-yearly review by the finance ministry says.

Controversial FRDI bill being ‘fine-tuned’, likely to make a comeback in 2022-23

Shubham Batra -
Finance ministry in process of finalising certain provisions like the ‘bail-in’ clause, which had triggered uproar that forced the legislation to be withdrawn in 2018.

E-retail firm Shopee is ‘Chinese, entered India illegally’: Traders’ body wants action from govt

Neelam Pandey -
In a letter to Nirmala Sitharaman and Piyush Goyal as well as Competition Commission of India, CAIT alleges Shopee came to India under complex structure to hoodwink govt. 

61 companies raised Rs 52,759 crore via IPOs till October this fiscal, says FM Sitharaman

PTI -
In a written reply in Lok Sabha, Nirmala Sitharaman said that among the 61 IPOs, 35 were below Rs 100 cr, while 4 were in the range of Rs 100 cr & less than Rs 500 crore.

Modi govt’s pandemic strategy focused on revival has worked. Economic indicators prove it

Ila Patnaik -
Modi government’s policy response to Covid — focusing on directed credit to the distressed — was prudent, even if unpopular.

Ban vs regulation, ‘misleading ads’: Crypto alarm reaches RS but Sitharaman keeps MPs guessing

Ishadrita Lahiri -
MPs raised a number of questions in the context of an upcoming Bill that aims to 'prohibit' private cryptocurrencies, but Finance Minister Nirmala Sitharaman offered few answers.

Modi govt committed to compensate state for 5 years for loss due to GST rollout: Sitharaman

PTI -
Sitharaman said Rs 37,134 crore and Rs 14,664 crore worth GST compensation is yet to be released to states for 2020-21 and 2021-22 fiscal years.
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