Nirmala Sitharaman Biography: Birth, Age, Family, Education, Political Career, Recognitions, and More About Finance Minister of India

Nirmala Sitharaman Biography: Finance Minister Nirmala Sitharaman will deliver the Union Budget on February 1 for the fifth time. The Finance Minister’s 2022 budget speech lasted about 1.5 hours, while the 2021 budget speech lasted 2 hours and 40 minutes and was the longest in Indian history.

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Nirmala Sitharaman Biography

Birth August 18, 1959
Age 62 years
Family

Narayanan Sitaraman (father)

Savitri (Mother)

Education

Seethalakshmi Ramaswami College, Tiruchirapalli (BSc Economics)

Jawaharlal Nehru University (JNU) (MA and M. Phil. in Economics)

Profession Politician (Bharatiya Janata Party)
Husband Parakala Prabhakar
Children Parakala Vangmayi (daughter)
Twitter @nsitharaman

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The current Finance Minister, Nirmala Sitharaman, is an Indian politician who also serves as the Minister of Corporate Affairs of India. Nirmala Sithraman has been a Rajya Sabha MP since 2014. Previously, she served as Defense Minister of India, Minister of State for 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 hailed from Musiri, Tiruchirappalli, and her mother’s family had its roots in Thiruvenkadu and Thanjavur and Salem districts of Tamil Nadu. Nirmala Sitharaman was born in a Tamil Iyengar Brahmin family and her father was an employee of the Indian Railways.

Nirmala Sitharaman completed her studies in Madras and Tiruchirappalli. She completed a 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 from Jawaharlal Nehru University (JNU).

Nirmala Sitharaman met her husband Parakala Prabhakar while she was studying at JNU. Despite having different political ideologies, the couple married in 1986 and have a daughter named Parakala Vangmayi. Parakala Prabhakar was of the Congress ideology, while Sitharaman leaned towards the BJP. Her husband, Parakala Prabhakar, served as communications advisor to then CM Chandrababu Naidu of Andhra Pradesh.

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Nirmala Sitharaman: political career

Political rise

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 elections, Nirmala Sitharaman was appointed as a junior minister in Narendra Modi’s cabinet. 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 September 3, 2017, Nirmala Sitharaman was appointed as the Defense Minister. She is the second woman to hold this position after Indira Gandhi and the first to hold it full time.

India’s first full-time Finance Minister

On 31 May 2019, Sitharaman joined the post of Minister of Finance and Corporate Affairs and is India’s first full-time Finance Minister. On July 5, Sitharaman presented her first budget in Parliament. On February 1, 2020, she presented the Union Budget 2020-21.

Aid packages amid the COVID-19 pandemic

After the COVID-19 crisis, Sitharaman became the head of the COVID-19 Economic Response Task Force.

She unveiled the Rs 20 crore relief package ‘Aatma Nirbhar Bharat Abhiyan’ through a press conference at the National Media Centre. The Rs 20 lakh crore relief package includes the earlier packages announced by the Government of India and the central bank, i.e. the RBI, to deal with the coronavirus crisis.

On Tuesday, Prime Minister Modi, in his fifth address to the nation, since the nationwide lockdown, announced this package to make India self-reliant and urged people to voice their opinion on local products i.e. use of swadeshi. Finance Minister Nirmala Sitharaman tweeted: “This will not just be a financial package, but a reformist stimulus, a mindset overhaul and a boost to governance.”

Both the Prime Minister and the Finance Minister indicated that this huge package will revive the Indian economy and support people from all walks of life amid the pandemic.

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Nirmala Sitharaman: career before entering politics

Nirmala Sitharaman worked as a salesperson at Habitat (a home decor store in London). She also served as an assistant economist for the Association of Agricultural Engineers (UK). She has also worked as Senior Manager (Research and Development department) for PWC (PricewaterhouseCoopers) and at BBC World Service. She was also a member of the National Women’s Commission.

Nirmala Sitharaman: Recognitions

1- Nirmala Sitharaman received the Distinguished Alumna Award in 2019 from JNU.

2- She was also ranked as the 34th most powerful woman in the world in 2019 by Forbes magazine.

Nirmala Sitharaman is one of the most powerful women India has ever witnessed. From the first full-time Finance Minister to holding various positions in the Union Cabinet, Sitharaman is an inspiration to all women in the country.

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Source: sef.edu.vn

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