Nirmala Sitharaman Biography: Finance Minister Nirmala Sitharaman will deliver the fifth Union Budget on February 1. The Finance Minister’s 2022 budget presentation speech is about 1.5 hours long while the The 2021 budget speech lasted 2 hours and 40 minutes and was the longest speech in India’s history.
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Biography of Nirmala Sitharaman
| Born | August 18, 1959 |
| Year old | 62 years |
| Family |
Narayanan Sitaraman (Father) Savitri (Mother) |
| Education |
Seethalakshmi Ramaswami College, Tiruchirapalli (Bachelor of Economics) Jawaharlal Nehru University (JNU) (MA and M.Phil. in Economics) |
| Job | Politician (Bharatiya Janata Party) |
| Husband | Parakala Prabhakar |
| Children | Parakala Vangmayi (daughter) |
| @nsitharaman |
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Current Finance Minister Nirmala Sitharaman is an Indian politician who also holds the position of Minister of Corporate Affairs of India. Nirmala Sithraman has been a Rajya Sabha MP since 2014. Previously, she served as India’s Defense Minister, Minister of Finance and Corporate Affairs (Ministry of Finance) and Minister of Commerce and Industry.
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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 was from Musiri, Tiruchirappalli, and her mother’s family originated from Thiruvenkadu, and in Thanjavur and Salem districts of Tamil Nadu. Nirmala Sitharaman was born into a Tamil Iyengar Brahmin family and her father was an Indian Railways employee.
Nirmala Sitharaman completed her studies in Madras and Tiruchirappalli. She completed her Bachelor’s degree in Economics from Seethalakshmi Ramaswami College, Tiruchirapalli. In 1984, she moved to Delhi to complete her Master of Arts and Master of Economics degrees at Jawaharlal Nehru University (JNU).
Nirmala Sitharaman met her husband Parakala Prabhakar while studying at JNU. Despite their different political ideologies, the couple married in 1986 and have a daughter named Parakala Vangmayi. Parakala Prabhakar follows the Congress ideology while Sitharaman leans towards the BJP. Her husband, Parakala Prabhakar, worked as media advisor to Andhra Pradesh CM Chandrababu Naidu.
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Nirmala Sitharaman: Political career
Political resurgence
In 2006, Nirmala Sitharaman joined the Bhartiya Janata Party (BJP) and became the national spokesperson of the BJP in 2010. In 2014, after the BJP won the election, Nirmala Sitharaman was appointed as a Junior Minister in the cabinet of the Narendra Modi. 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 Defense Minister
On 3 September 2017, Nirmala Sitharaman was appointed as the Minister of Defense. She was the second woman to hold the position after Indira Gandhi and the first to hold the position full-time.
India’s first full-time Finance Minister
On 31 May 2019, Sitharaman assumed office as the Minister of Finance and Corporate Affairs and India’s first full-time female Finance Minister. On 5 July, Sitharaman presented his first budget in parliament. On February 1, 2020, she presented the Union Budget 2020-21.
Relief package amid the Covid-19 pandemic
After the COVID-19 crisis, Sitharaman became the person in charge of the COVID-19 Economic Response Task Force.
She unveiled the 20 lakh crore relief package ‘Aatma Nirbhar Bharat Abhiyan’ through a press conference at the National Media Center. The Rs 20 lakh crore relief package includes previous packages announced by the GOI and the central bank (i.e. RBI) to deal with the coronavirus hardship.
On Tuesday, Prime Minister Modi, in his fifth address to the nation since the nationwide lockdown, announced a package aimed at making India self-reliant and urged people to raise their voices in support of local products. method, i.e. using swadeshi. Finance Minister Nirmala Sitharaman tweeted: “This will not just be a fiscal package but also a reform stimulus, a mindset overhaul and a governance boost.”
Both the Prime Minister and the Finance Minister pointed out that this huge package will revive the Indian economy and will support people from all walks of life amid the pandemic.
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Nirmala Sitharaman: Career before entering Politics
Nirmala Sitharaman works as a salesperson at Habitat (A home decor store in London). She also worked as an assistant economist for the Association of Agricultural Engineers (UK). She has also held the position of Senior Manager (Research and Development) for PWC (PricewaterhouseCoopers) and at BBC World Service. She is also a member of the National Commission for Women.
Nirmala Sitharaman: Recognition
1- Nirmala Sitharaman was awarded the 2019 Distinguished Alumni Award by JNU.
2- She was also ranked by Forbes Magazine as the 34th most powerful woman in the world in 2019.
Nirmala Sitharaman is one of the most powerful women India has ever seen. From being the first full-time female Finance Minister to holding several positions in the Union Cabinet, Sitharaman is an inspiration to all women in the country.
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