Nirmala Sitharaman, Finance Minister of India, has been making headlines not only for her policies but also for the poignant quotes and phrases she uses in her budget speeches, press conferences, and interviews. These are sometimes reflective of her vision about India's economic future and resonate well with the public and stakeholders. This article compiles notable quotes and phrases from her speeches over the years, including the context.
Key Quotes from Budget Speech 2025
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Nirmala Sitharaman Says 'Our Economy Is Fastest-Growing'
FM Sitharaman said, "Our economy is the fastest-growing among all major global economies. Our development track record of the past 10 years and structural reforms have drawn global attention. Confidence in India’s capability and potential has only grown in this period."
2. 'Next Five Years Unique Opportunity To Realise Sabka Vikas', Says FM
FM Nirmala Sitharaman said, "Next 5 years a unique opportunity to realise Sabka Vikas, and stimulate growth for all regions."
3. Finance Minister Nirmala Sitharaman says,
"In the budget of July 2024, the delay of the payments of the TDS up to the due date of filing statements was decriminalised; I propose the same from the TCS provisions as well..."
4. Govt to bring framework to unlock potential marine sector with focus on Andaman and Lakshadweep: FM Sitharaman
5. FM says, "....Inspired by the success, a modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations and carry 4 crore additional passengers in the next 10 years. The scheme will also support helipads and smaller airports in hilly, aspirational and northeast regional districts. Greenfield airports will be facilitated in Bihar to meet the future needs of the state. These will be in addition to the expansion of the capacity of Patna Airport and Brownfield Airport in Bihta. Financial support will be provided for the Western Kosi Canal ERM project in Mithilanchal, benefitting a large number of farmers in the Mithilanchal region of Bihar..."
Budget 2024
- Vision for 'Viksit Bharat':
"In the budget of July 2024, the delay of the payments of the TDS up to the due date of filing statements was decriminalised; I propose the same from the TCS provisions as well..." - This quote emphasized the government's commitment to simplifying tax compliance and reducing penalties for late payments.
- Marine Sector Development:
"The government will bring a framework to unlock potential in the marine sector with a focus on Andaman and Lakshadweep." - Here, Sitharaman highlighted plans to improve economic activities in coastal regions, promoting sustainable development.
- Regional Connectivity:
"Inspired by the success, a modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations." - This statement reflected her focus on improving transportation infrastructure, particularly in underserved areas.
- Economic Growth Assertion:
"Our economy is the fastest-growing among all major global economies." - This assertion underscored confidence in India’s growth journey and structural reforms over the past 10 years.
Budget 2023
- On India's Growth:
"The world has recognized India as a bright star; our growth for the current year is estimated at 7%." - This quote underscored India's rising global profile while facing challenges.
- Vision for 'Amrit Kaal':
"This Budget hopes to build on the foundation laid in the previous budget, envisioning a prosperous and inclusive India." - Sitharaman articulated a long-term vision for inclusive growth leading to India's centenary.
- Inclusive Development:
"Our focus on reforms and sound policies has resulted in Jan Bhagidari, helping us during trying times." - This quote emphasized the role of public participation in governance and development.
- G20 Presidency:
"India’s G20 presidency provides a unique opportunity to strengthen our role in the world economic order." - This statement highlighted India's growing influence on the global stage.
Budget 2022
- On Economic Recovery:
"We are on the path of recovery, and our economy is expected to grow at 8-8.5% in the coming fiscal year." - This statement emphasized the optimistic point of view for India's economic growth post-pandemic.
- Digital Transformation:
"Digital public infrastructure for agriculture will be built as an open source, open standard and inter-operable public good." - This reflected a commitment to leveraging technology for agricultural development.
- Focus on Infrastructure:
"Investment in infrastructure will be the cornerstone of our growth strategy." - Sitharaman highlighted the importance of infrastructure development in driving economic progress.
Nirmala Sitharaman's quotes and phrases encapsulate her vision for India's economic landscape. Through her speeches, she communicates not only policy intentions but also inspires confidence among citizens and stakeholders.
Her use of impactful language serves to connect with diverse audiences while reinforcing key themes of growth, inclusivity, and resilience. As India continues its journey towards becoming a developed nation by 2047, these words will likely remain significant markers of her tenure as Finance Minister.
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