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Thursday, August 14, 2025
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.

Modi govt’s Budget 2024 plays unabashed appeasement politics—after borrowing Congress ideas

Praveen Chakravarty -
Nirmala Sitharaman finally acknowledged the jobs emergency in her Budget 2024 speech, but the plans to provide employment for four crore youth over five years is characteristic Modi govt bombast.

‘Kursi-bachao’ budget of Modi govt ‘copied’ ideas from our Lok Sabha manifesto, says Congress

Neelam Pandey -
Congress highlighted internship programme, employment-linked incentive scheme and abolition of angel tax as examples of ideas Modi govt ‘copied’ from its Lok Sabha polls manifesto.

Budget 2024-25: FM announces Rs 10 lakh-cr for housing for poor & middle-class families in urban areas

Sampurna Panigrahi -
Sitharaman also announced an initiative for increased connectivity to rural habitations, and introduced an interest subsidy to facilitate affordable housing loans.

Budget proposes reforms for insolvency regime. Tech platform, more tribunals & bolstering existing ones

Akshat Jain -
It was NDA that introduced Insolvency and Bankruptcy Code in 2016. IBC replaced earlier framework which was governed by various laws that made the process cumbersome.

In Budget 2024-25, focus on development of cities as ‘growth hubs’, land reforms in urban areas

Risha Chitlangia -
Urban development among nine priority areas in this year’s budget. Since 2014, Centre has been implementing land reforms in rural areas. Now, it aims to do so in urban areas.

Relief for salaried class under new tax regime; 50% hike in standard deduction in Budget 2024

ANI -
The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually.

Budget 2024: Govt to provide Rs 11.11 lakh cr towards capex in boost for infra

PTI -
Sitharaman also said the government would facilitate investment-grade energy audit of micro and small industries in 60 clusters.

Union Budget 2024 highlights: Modi says budget will take villages, poor & farmers on path of prosperity

ThePrint Team -
Budget 2024: Apart from revising income tax rate structure, FM also proposed the abolishment of angel tax for start-ups, and unveiled big sops for Bihar and Andhra Pradesh.

‘Harbinger of instability’, losses to investors — Economic Survey warns about stock market overvaluation

TCA Sharad Raghavan -
Economic Survey 2023-24, tabled in Parliament Monday, says derivatives investors could see greater losses during market crashes, inducing them to stay away and hurting the economy.

In tradeoff between fiscal prudence & boosting economy, budget should focus more on demand & jobs

Radhika Pandey -
With a favourable macro-fiscal backdrop, the finance minister can use the additional fiscal space to either hasten the path to consolidation or support the sectors with subdued growth.
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Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.

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