Nirmala Sitharaman has resumed her role as Union Finance Minister in the Modi 3.0 government, marking her second consecutive term in the position. Previously, she served as Minister of State during the first term of the Modi Government from 2014 to 2019.
Expressing gratitude to Prime Minister Narendra Modi for entrusting her with the responsibility once again, Sitharaman emphasized her commitment to serving India and its people under his guidance. Upon assuming office, she received briefings on ongoing policy matters from the Secretaries of various departments within the Ministry of Finance & Corporate Affairs.
Sitharaman reaffirmed the government’s dedication to ensuring ‘Ease of Living’ for citizens and pledged to continue implementing reforms initiated since 2014, aimed at fostering macroeconomic stability and growth. Despite global challenges, she highlighted India’s impressive growth trajectory in recent years and expressed optimism regarding the economic outlook for the future.
Encouraging departments to actively pursue the NDA government’s development agenda, Sitharaman emphasized the importance of responsive policymaking to realize Prime Minister Modi’s vision of a ‘Viksit Bharat’ (Developed India). She reiterated the government’s commitment to inclusive development, encapsulated in the principle of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas’ (Together with All, Development for All, Trust of All, Efforts of All).
Born on August 18, 1959, in Madurai, Tamil Nadu, Nirmala Sitharaman completed her undergraduate studies in economics at Seethalakshmi Ramaswami College in Tiruchirapalli. She furthered her education in New Delhi, earning both a Master’s and a Master of Philosophy degree in Economics from Jawaharlal Nehru University (JNU). Prior to her political career, Sitharaman had a successful stint in the corporate sector in the United Kingdom.
