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Sunday, April 28, 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.

No populism, no tax cuts, only capex & focus on infrastructure, growth in Modi govt’s Budget

Shubham Batra -
The government will spend a total of Rs 39.45 lakh crore in FY23, a rise of 4.6% from the revised spending target of 2021-22 at Rs 37.7 lakh crore.

Modi govt continues infra push, Budget shows big jumps for highways, transport & tap water

Moushumi Das Gupta -
Finance Minister says Gati Shakti Master Plan for expressways will be formulated to facilitate faster movement of people & goods. It will build 25,000 km of expressways in 2022-23.

Green bonds, push for indigenous solar panels, EVs: Spotlight on climate change in Budget 2022

Simrin Sirur -
FM Nirmala Sitharaman calls climate change ‘strongest negative externalities that affect India, other countries’, says focus is on reducing dependence on non-renewable energy.

Defence procurement gets Budget boost, Modi govt hikes capital outlay to Rs 1.52 lakh crore

Snehesh Alex Philip -
Overall defence budget for 2022-23 stands at Rs 5.25 lakh crore, up from Rs 4.78 lakh crore in 2021-22. Defence budget is 13.3% of total expenditure planned by Centre for 2022-23.

Mental and digital wellbeing focus of FM Sitharaman’s Budget as health spend gets 16% boost

Abantika Ghosh -
FM announces setting up of national telemental health network. NIMHANS will be nodal centre, and International Institute of Information Technology, Bengaluru, will provide tech support.

No changes in tax slabs, deductions — FM Sitharaman gives middle class a skip in Budget 2022

Shubham Batra -
It was widely expected that Sitharaman would announce higher deductions under Section 80C of the Income Tax Act. However, no such move was forthcoming.

Budget 2022 LIVE: Sure to achieve tax numbers, LIC IPO likely in FY22 says FM Sitharaman

ThePrint Team -
Digital rupee, incentives for start-ups, increase in capital expenditure —these are some of the highlights of Budget 2022-23 announced by FM Sitharaman. Follow live updates here

Indians want agriculture, roads infra as top focus in FM Sitharaman’s FY23 Budget, survey shows

Raghav Bikhchandani -
On development front, 33% Indians want agriculture to be top focus while 31% prefer roads & highways to be the key area, the survey says, adding 47% seek health focus on social front.

Why 20 crore missing jobs are the biggest challenge for FM Sitharaman in Budget 2022 math

Andy Mukherjee -
For India’s employment-to-population ratio to be at the global average, nearly 60 crore people need to be at work. Currently, only a little more than 40 crore are.

FM Sitharaman accuses Congress-led UPA govt of ‘fraud’ in entering into 2005 Antrix-Devas deal

PTI -
Sitharaman's comments came as Devas shareholders pursue Indian assets abroad to recover $1.29 billion that international arbitration tribunals awarded over the contract cancelled in 2011.
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Defence

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Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

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A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.

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