Nirmala Sitharaman – Who She Is and What She Does

If you hear the name Nirmala Sitharaman, you probably think of India’s finance minister. She’s the first woman to hold the post and has been steering the country’s budget and economic plans since 2019. In plain terms, she decides how the government spends money, what taxes look like, and which sectors get a boost.

Career Highlights in a Nutshell

Born in 1959, Nirmala started as an IAS officer before jumping into politics. She joined the BJP and quickly rose through the ranks. By 2014 she was the Minister of State for Defence and later taken over as Defence Minister – a rare move for a woman in a male‑dominated field.

When the economy needed a steady hand, Prime Minister Narendra Modi appointed her as Finance Minister. Her first budget in 2020 focused on a post‑COVID recovery, pushing for health spending and a push for manufacturing under the "Make in India" banner. She also introduced the "PM‑Kisan" scheme to give farmers direct cash transfers.

Key Policies That Shaped the Economy

One of her most talked‑about moves was the rollout of the Goods and Services Tax (GST) simplification. Though GST was already in place, Sitharaman’s team cut down the number of tax slabs, making compliance easier for small businesses.

She championed the “Production‑Linked Incentive” (PLI) scheme, which offers financial incentives to companies that boost local manufacturing. This has led to higher foreign investment in electronics, pharmaceuticals, and automotive sectors.

On the fiscal side, Sitharaman pledged to keep the fiscal deficit below 6% of GDP. In practice, this meant careful balancing – cutting some subsidies while increasing spending on infrastructure like highways and railways.

Her recent budget (2025) put a spotlight on green energy. She announced higher allocations for solar and wind projects and introduced tax breaks for electric vehicle manufacturers. The idea is to create jobs while meeting climate goals.

Beyond numbers, Sitharaman is known for clear communication. She often explains complex budget items in simple Hindi and English, helping the public understand where their money goes. This transparency has earned her both praise and criticism, but it sure makes the news more accessible.

In sum, Nirmala Sitharaman blends administrative experience with political savvy. Whether you’re a student, entrepreneur, or just curious about Indian politics, knowing her main initiatives – GST simplification, PLI schemes, fiscal discipline, and green energy pushes – gives a solid picture of how she’s shaping India’s economic future.

Crispin Hawthorne 1 February 2025 0

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