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nirmala sitharaman

Nirmala Sitharaman

 

More Stories on Nirmala Sitharaman
What is ‘floccinaucinihilipilification’? Word used by Delhi court while dismissing defamation case against Sitharaman

What is ‘floccinaucinihilipilification’? Word used by Delhi court while dismissing defamation case against Sitharaman

Apr 02, 2026, 05:15 PM IST

ACJM Paras Dalal of Rouse Avenue Courts dismissed a criminal defamation complaint filed by Lipika Mitra — wife of AAP leader Somnath Bharti — against Sitharaman.

Nirmala Sitharaman Highlights IBC Boost For MSMEs, Eases Rules For Promoters

Nirmala Sitharaman Highlights IBC Boost For MSMEs, Eases Rules For Promoters

Apr 02, 2026, 05:14 PM IST

Finance Minister Nirmala Sitharaman has clarified in the Rajya Sabha that Micro, Small and Medium Enterprises (MSMEs) are exempt from disqualification under key provisions of the Insolvency and Bankruptcy Code (IBC). The exemption under Sections 29A, 29AC, and 29AH allows existing promoters of MSMEs to participate in the resolution process. This ensures that small business owners do not lose control of their enterprises during insolvency proceedings. The move is aimed at protecting smaller businesses, enabling smoother resolution, and supporting continuity in the MSME sector—considered the backbone of India’s economy.

Nirmala Sitharaman Highlights Assam Growth: GSDP Jumps 3.3x In 10 Years, Income Up 54%

Nirmala Sitharaman Highlights Assam Growth: GSDP Jumps 3.3x In 10 Years, Income Up 54%

Mar 31, 2026, 12:54 PM IST

Union Finance Minister Nirmala Sitharaman highlighted Assam’s strong economic growth, noting that the state’s GSDP has risen from ₹2.24 lakh crore in 2015–16 to ₹7.41 lakh crore in 2025–26, marking a 3.3-fold increase in a decade. She described Assam as one of the fastest-growing state economies in India. Sitharaman also pointed to a sharp rise in per capita income, which increased from ₹1.03 lakh in 2020–21 to ₹1.59 lakh in 2024–25—an increase of 54% in just four years. The data reflects improving economic conditions and rising incomes, indicating that growth is gradually translating into benefits for individuals across the state.

Nirmala Sitharaman Backs ₹27,000 Cr Tata Semiconductor Plant, Hits Out At Congress Opposition

Nirmala Sitharaman Backs ₹27,000 Cr Tata Semiconductor Plant, Hits Out At Congress Opposition

Mar 31, 2026, 12:50 PM IST

Union Finance Minister Nirmala Sitharaman highlighted the scale of India’s semiconductor push, citing the ₹27,000 crore Tata Electronics plant in Jagiroad, Assam. The facility, India’s first indigenous semiconductor assembly and testing unit, is expected to produce up to 48 million chips per day and generate 25,000–27,000 jobs. Sitharaman said the project reflects 21st-century industrialisation and will boost local employment and economic growth. She also criticised the Congress party for opposing the project, accusing it of ignoring long-term development priorities. The plant is seen as a key step in India’s ambition to build a domestic semiconductor ecosystem and reduce reliance on imports

Fugitive Economic Offenders Act: Massive Recovery Of ₹15,000 Cr, Says FM Nirmala Sitharaman

Fugitive Economic Offenders Act: Massive Recovery Of ₹15,000 Cr, Says FM Nirmala Sitharaman

Mar 31, 2026, 11:46 AM IST

Fugitive Economic Offenders Act: Massive Recovery Of ₹15,000 Cr, Says FM Nirmala Sitharaman

UCC implementation, flood-free Assam in 2 years: Key promises in BJP's manifesto for 2026 Assam assembly polls

UCC implementation, flood-free Assam in 2 years: Key promises in BJP's manifesto for 2026 Assam assembly polls

Mar 31, 2026, 10:48 AM IST

Union Ministers Nirmala Sitharaman and Sarbananda Sonowal, Chief Minister Himanta Biswa Sarma, State BKP president Dilip Saikia and others were present at the ceremony.

FM Defends Rupee In Parliament, Says “Rupee Is Fine” Despite Global Pressure

FM Defends Rupee In Parliament, Says “Rupee Is Fine” Despite Global Pressure

Mar 31, 2026, 09:46 AM IST

FM Defends Rupee In Parliament, Says “Rupee Is Fine” Despite Global Pressure

Lok Sabha clears IBC amendment Bill, govt pushes faster insolvency fixes

Lok Sabha clears IBC amendment Bill, govt pushes faster insolvency fixes

Mar 30, 2026, 10:31 PM IST

Introducing the Bill, Finance Minister Nirmala Sitharaman said the amendments aim to address practical challenges and align the Insolvency and Bankruptcy Code (IBC), 2016, with evolving global practices, drawing from implementation experience and judicial interpretations. 

Why Banks Pay Only 100x Rent For Locker Loss? Finance Minister Clarifies In Parliament

Why Banks Pay Only 100x Rent For Locker Loss? Finance Minister Clarifies In Parliament

Mar 30, 2026, 02:55 PM IST

Why Banks Pay Only 100x Rent For Locker Loss? Finance Minister Clarifies In Parliament

Nirmala Sitharaman Defends India’s Economy, Slams Opposition Over Rupee & Growth Debate

Nirmala Sitharaman Defends India’s Economy, Slams Opposition Over Rupee & Growth Debate

Mar 30, 2026, 02:40 PM IST

Finance Minister Nirmala Sitharaman delivers a strong and detailed defence of India’s economic position, highlighting robust fiscal discipline, stable foreign exchange reserves, and the resilience of the Indian rupee compared to other emerging markets. Responding sharply to repeated opposition questions, she emphasises that India’s macroeconomic fundamentals remain strong and globally appreciated. Referring to a recent international survey, she also points out the high global popularity of Prime Minister Narendra Modi, stating that such recognition reflects confidence in India’s leadership. Sitharaman criticises attempts to undermine the country’s progress by focusing narrowly on currency fluctuations, reminding critics of the “fragile five” period when concerns were valid. She calls for acknowledging the hard work of India’s citizens, farmers, and economy, urging that national interest should come before political narratives.

Rising Bank Frauds: Will Banks Send Alerts On Data Access? Govt Responds

Rising Bank Frauds: Will Banks Send Alerts On Data Access? Govt Responds

Mar 30, 2026, 01:51 PM IST

Responding to concerns over rising banking frauds, Nirmala Sitharaman addressed a query on whether customers will receive alerts for every instance of data access. She highlighted that banks already operate under a robust regulatory framework, including RBI’s KYC norms, data privacy rules, and multiple legislations governing customer information security. These frameworks mandate strict confidentiality and controlled data sharing. While no specific system for real-time SMS or email alerts on each data access was announced, the government emphasised that digital fraud risks are being closely monitored. The Finance Minister assured that existing safeguards are strong, while also acknowledging the need to remain vigilant as digital banking expands.

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