Nirmala Sitharaman Biography: Birth, Age, Family, Education, Political Career, Recognitions, and More About Finance Minister of India
Nirmala Sitharaman Biography: Finance Minister Nirmala Sitharaman will deliver the Union Budget on February 1 for the fifth time. The 2022 Finance Minister's speech introducing the budget was about 1.5 hours long while the 2021 budget speech lasted 2 hours and 40 minutes, and was the longest in Indian history.
Also, Read |Budget 2023 Date, Time, Expectations, When and Where to Watch & More
What people are searching the most on Google regarding Budget 2023?
Nirmala Sitharaman Biography
|Birth||18 August 1959|
Narayanan Sitaraman (Father)
Seethalakshmi Ramaswami College, Tiruchirapalli (B. A. Economics)
Jawaharlal Nehru University (JNU) (M.A. and M.Phil. in Economics)
|Profession||Politician (Bharatiya Janata Party)|
|Children||Parakala Vangmayi (daughter)|
Also Read - Budget 2023 Highlights
The current Finance Minister Nirmala Sitharaman is an Indian politician who also serves as Minister of Corporate Affairs of India. Nirmala Sithraman is a Rajya Sabha MP since 2014. Previously, she has served as the Defence Minister of India, Minister of State for Finance and Corporate Affairs (Ministry of Finance), and Minister for Commerce and Industry.
Arnab Goswami Biography: Early Life, Education, Career, Controversies and Achievements
Nirmala Sitharaman: Personal life, Family and Education
Nirmala Sitharaman was born on August 18, 1959, to Savitri and Narayanan Sitharaman in Madurai. Sitharaman's father hailed from Musiri, Tiruchirappalli, and her mother's family had its roots in Thiruvenkadu, and in the Thanjavur and Salem districts of Tamil Nadu. Nirmala Sitharaman was born in a Tamil Iyengar Brahmin family and her father was an Indian Railways employee.
Nirmala Sitharaman completed her schooling from Madras and Tiruchirappalli. She completed a Bachelor of Arts degree in economics from Seethalakshmi Ramaswami College, Tiruchirapalli. In 1984, she moved to Delhi to complete her Master of Arts and M.Phil in economics from Jawaharlal Nehru University (JNU).
Nirmala Sitharaman met her husband Parakala Prabhakar while studying at JNU. Despite having different political ideologies, the couple married in the year 1986 and have a daughter named Parakala Vangmayi. Parakala Prabhakar was of Congress ideology while Sitharaman was leaned towards BJP. Her husband Parakala Prabhakar served as a communications advisor to the then Andhra Pradesh CM Chandrababu Naidu.
Imran Khan Biography: Early Life, Education, Net Worth, Assets, Controversies, Cricket and Political Career
Nirmala Sitharaman: Political Career
In 2006, Nirmala Sitharaman joined Bhartiya Janata Party (BJP) and became the national spokesperson of BJP in 2010. In 2014, after BJP won the elections, Nirmala Sitharaman was appointed as a Junior Minister in Narendra Modi's cabinet. In June 2014, Sitharaman was elected as a Rajya Sabha MP from Andhra Pradesh. In May 2016, she contested and won the Karnataka seat in the Rajya Sabha elections.
India's first full-time Minister of Defence
On September 3, 2017, Nirmala Sitharaman was appointed as the Minister of Defence. She is the second female to hold this post after Indira Gandhi and the first one to hold it full-time.
India's first full-time Finance Minister
On May 31, 2019, Sitharaman joined the office as the Finance and Corporate Affairs Minister and is India's first full-time female Finance Minister. On July 5, Sitharaman presented her maiden budget in the parliament. On February 1, 2020, she presented Union Budget 2020-21.
Relief packages amid the COVID-19 pandemic
After the COVID-19 crisis, Sitharaman became the in-charge of the COVID-19 Economic Response Task Force.
She unveiled 'Aatma Nirbhar Bharat Abhiyan' 20 lakh crore relief package via a press conference at the National Media Centre. The Rs 20 lakh crore relief package includes the previous packages announced by the GOI and the central bank i.e. RBI to deal with the coronavirus distress.
On Tuesday, PM Modi in his fifth address to the nation, since the countrywide lockdown, announced this package to make India self-reliant and urged the people to become vocal for local products, i.e., use of swadeshi. Finance Minister Nirmala Sitharaman tweeted, "This shall not be just a financial package, but a reform stimulus, a mindset overhaul, and a thrust in governance."
Both Prime Minister and Finance Minister indicated that this huge package will revive the Indian economy and will support people from all walks of life amidst the pandemic.
Aatma Nirbhar Bharat Abhiyan: All you need to know about the package announced by Prime Minister Modi
Nirmala Sitharaman: Career before entering Politics
Nirmala Sitharaman worked as a salesperson at Habitat (A home decor store in London). She also served as an assistant to an Economist of the Agricultural Engineers Association (UK). She has also worked as a Senior Manager (Research and Development department) for PWC (PricewaterhouseCoopers) and at the BBC World Service. She was also a member of the National Commission for Women.
Nirmala Sitharaman: Recognitions
1- Nirmala Sitharaman was conferred with the Distinguished Alumni Award in 2019 by JNU.
2- She was also ranked as the 34th most powerful woman in the world in 2019 by Forbes Magazine.
Nirmala Sitharaman is one of the most powerful women that India has witnessed. From the first full-time female Finance Minister to holding several positions in the Union Cabinet, Sitharaman is an inspiration to all the females of the country.
Sonia Gandhi Biography: Early Life, Education, Political Career, Net Worth, Recognitions, and more