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Tuesday, May 21, 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.

Finance Minister Nirmala Sitharaman to address a press conference at 4pm today

ANI -
Sitharaman's press conference comes a day after Prime Minister Narendra Modi announced a Rs 20 lakh crore fiscal stimulus to deal with Covid-19 situation in the country.

Tax China for Covid, charging cess from India’s rich ‘absurd’ idea: BJP MP to Sitharaman

Shanker Arnimesh -
In a letter to Finance Minister Nirmala Sitharaman, MP and Bihar BJP chief Sanjay Jaiswal has said Modi govt should junk proposals to raise taxes in India.

Swamy questions Tarun Bajaj appointment as DEA secretary, calls him Robert Vadra’s ‘chela’

Remya Nair -
In a tweet, BJP MP Subramanian Swamy questions if civil servants are taking advantage of the PM’s ‘total engrossment’ with the Covid-19 pandemic.

Economists expect RBI will print money as India battles Covid-19. Here’s what it means

Remya Nair -
The FRBM Act of 2003 specifically barred the government from directly borrowing from RBI to monetise the deficit. But an escape clause will enable it to do so.

It took a pandemic to make millennials save money. Hope Nirmala Sitharaman doesn’t blame us

Fiza Jha -
At the start of Covid-19 pandemic, millennials were criticised for crowding bars, holding corona house parties or sensing an opportunity for cheap vacations. Not anymore.

Govt package a relief measure, tax-break stimulus ideal to fight Covid: RBI panel member

Remya Nair -
Tax breaks may have a greater multiplier effect on the economy than govt spending, says RBI's monetary policy committee independent member Chetan Ghate.

‘Solely dependent on ration’ but Lucknow’s poor yet to get the promised free grains, pulses

Samyak Pandey -
Free ration of 5 kg rice or wheat & 1 kg pulses promised by Modi govt for PDS beneficiaries after lockdown still not available in Lucknow.

Incentives and infrastructure — what govt can do to boost data centres in India

Aayush Soni -
The Centre plans to make India a $1 trillion digital economy by 2025, which will attract countries wanting to set up data centres in India.

Asian Development Bank assures India of 2.2 billion dollars in Covid-19 response aid

PTI -
Commending India's pandemic response, ADB President Masatsugu Asakawa assured immediate assistance to the health sector and help to alleviate the pandemic's economic impact on the poor.

Covid-19 crisis is choking India’s MSME sector. Business won’t pick up even after lockdown

Ashutosh Sinha -
Countries such as US, UK, Germany and China have announced quick relief for small companies. Perhaps finance minister Nirmala Sitharaman missed a trick or two.
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