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Nirmala Sitharaman

Indian economist and politician (born 1959)

Nirmala Sitharaman

Indian economist and politician (born 1959)

FieldValue
nameNirmala Sitharaman
imageAm 11. April 2025 empfing Außenministerin Beate Meinl-Reisinger die indische Finanzministerin Nirmala Sitharaman in Wien (54445397025) (cropped).jpg
captionSitharaman in April 2025
office30th Union Minister of Finance
presidentRamnath Kovind
Droupadi Murmu
primeministerNarendra Modi
term_start30 May 2019
predecessorArun Jaitley
office132nd Union Minister of Corporate Affairs
primeminister1Narendra Modi
term_start130 May 2019
predecessor1Arun Jaitley
office2Union Minister of Defence
primeminister2Narendra Modi
term_start23 September 2017
term_end230 May 2019
predecessor2Arun Jaitley
successor2Rajnath Singh
office3Union Minister of State (Independent Charge) for Commerce and Industry
primeminister3Narendra Modi
term_start326 May 2014
term_end33 September 2017
predecessor3Anand Sharma
successor3Suresh Prabhu
office4Union Minister of State for Finance and Corporate Affairs
primeminister4Narendra Modi
term_start426 May 2014
term_end49 November 2014
predecessor4Shripad Naik (Finance)
Office established (Corporate Affairs)
successor4Jayant Sinha (Finance)
Arjun Ram Meghwal (Corporate Affairs)
office5Member of Parliament, Rajya Sabha
term_start51 July 2016
predecessor5M. Venkaiah Naidu (BJP)
constituency5Karnataka
term_start626 June 2014
term_end621 June 2016
predecessor6N. Janardhana Reddy (INC)
successor6Suresh Prabhu (BJP)
constituency6Andhra Pradesh
birth_date
birth_placeMadurai, Madras State, India
(present-day Tamil Nadu)
partyBharatiya Janata Party
spouse
children1
alma_materSeethalakshmi Ramaswami College (BA)
Jawaharlal Nehru University (MA, MPhil)
residence

Droupadi Murmu Office established (Corporate Affairs) Arjun Ram Meghwal (Corporate Affairs) (present-day Tamil Nadu) Jawaharlal Nehru University (MA, MPhil) Nirmala Sitharaman (born 18 August 1959) is an Indian economist and politician who is serving as the 30th Minister of Finance and 32nd Minister of Corporate Affairs since 2019. A senior leader of the Bharatiya Janata Party (BJP). She has represented Karnataka as a member of the Rajya Sabha, the upper house of the Indian Parliament, since 2016, prior to representing Andhra Pradesh from 2014 to 2016. In 2026, she became the first person to table the Union Budget 9 consecutive times. She is second only to Morarji Desai to present the most number of budgets.

She served as a junior minister in the First Modi ministry between 2014 and 2017, holding successive positions, first for her dual appointment as the Minister of State in the Ministry of Finance and the Minister of State in the Ministry of Corporate Affairs from May to November 2014, and then as the Minister of State (Independent Charge) for the Ministry of Commerce and Industry from May 2014 to September 2017, before being elevated to senior posts within the Union Cabinet. Sitharaman previously served as the 28th Defence Minister from 2017 to 2019, becoming India's second female defence minister and the second female finance minister after Indira Gandhi, and the first full-time female minister to hold each of those portfolios. In July 2025, she became the longest continuous serving finance minister in Indian history, by surpassing C.D. Deshmukh.

Early life and education

Nirmala Sitharaman was born into a Tamil Iyengar family in Madurai, Tamil Nadu, to Savitri and Narayanan Sitharaman. She did her schooling at the Sacred Heart Convent Anglo-Indian School, Villupuram, till the primary level and thereafter at Vidyodaya School in Chennai. She then studied at St. Philomena’s School and at Holy Cross School in Tiruchirappalli.

Sitharaman obtained a Bachelor of Arts degree in Economics from Seethalakshmi Ramaswami College, Tiruchirapalli, in 1980, and a Master of Arts degree in Economics and M.Phil. from Jawaharlal Nehru University, Delhi, in 1984. She then enrolled in a Ph.D. program in Economics with a focus on Indo-European trade but later left this program and moved to London when her husband secured a scholarship at the London School of Economics.

Non-political career

Nirmala Sitharaman worked as a salesperson at Habitat, a home decor store in London's Regent Street. She has served as an assistant to Economist in the Agricultural Engineers Association in the UK. During her stay in the UK, she has also served as a Senior Manager (R&D) for PwC and briefly at the BBC World Service. In 2017, she was one of the founding directors of Pranava The School, a private co-educational school in Hyderabad.

Early political career

Nirmala Sitharaman served as a member of the National Commission for Women from 2003 to 2005. She then joined the Bharatiya Janata Party in 2008 as a national spokesperson until 2014. In 2014, she was inducted into Narendra Modi's first cabinet as the Union Minister of State for Commerce and Industry and was elected in June of that year as a Rajya Sabha Member from Andhra Pradesh. In May 2016, she was one of the 12 candidates nominated by the BJP to contest the Rajya Sabha elections due on 11 June. She successfully contested her seat from Karnataka.

Union Cabinet Minister

Union Defence Minister

Sitharaman as the Union Minister of Defence in New Delhi, 7 September 2017
Sitharaman pictured during her tenure as Union Minister of Defence, January 2018

On 3 September 2017, she was appointed as Minister of Defence, being only the second woman after Indira Gandhi to hold the post, but the first full-time female defence minister. Under her tenure, the army conducted the Balakot airstrike in retaliation to the 2019 Pulwama attack. The Government of India did not give a figure of the number of deaths caused by the strikes.

Union Finance Minister

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On 31 May 2019, Nirmala Sitharaman was appointed as the finance and corporate affairs minister. She is India's first full-time female finance minister. She presented her maiden budget in the Indian parliament on 5 July 2019. During the COVID-19 pandemic in India she was made in-charge of the COVID-19 Economic Response Task Force. Under her tenure as the finance minister in 2022, India became the fifth largest economy in the world, and the GDP of the country was said to have seen massive growth positively with historical context.

She was given the same cabinet posts after the Indian general election in June 2024. In February 2026, she introduced the Union Budget for the ninth consecutive year, becoming the first person to do so. Overall, she has presented the budget the second-most times after Morarji Desai, who delivered it ten times across different time periods. She also became the first minister to present the budget in the New Parliament building of India.

Electoral history

PositionPartyConstituencyFromToTenure
Member of Parliament, Rajya Sabha
(1st Term)Andhra Pradesh26 June
201417 June
2016****
Member of Parliament, Rajya Sabha
(2nd Term)Karnataka1 July
201630 June
2022****
Member of Parliament, Rajya Sabha
(3rd Term)1 July
202230 June
2028

Awards and honours

The Jawaharlal Nehru University conferred her the Distinguished Alumni Award in 2019. Forbes Magazine has ranked her 24th among the 100 most powerful women in the world in 2025. This was her seventh consecutive time on the illustrious list. Previously she came in at number 34 in 2019, 41st in 2020, 37th on the list in 2021, 36th in 2022, 32nd in 2023 and 28th in 2024. She was also awarded the Business Reformer of the Year 2021 at the Economic Times Awards for Corporate Excellence.

Controversies

In June 2025, a Delhi court issued a notice to her in connection with a criminal defamation plea filed by Lipika Mitra, the wife of former AAP minister Somnath Bharti.

Personal life

Sitharaman met her husband, economist and commentator Parakala Prabhakar, who is from Narsapuram, Andhra Pradesh, while studying at the Jawaharlal Nehru University. They married in 1986 and have a daughter who previously worked for The Hindu and currently works for Mint Lounge. Prabhakar served as the communications advisor to the Government of Andhra Pradesh from 2014 to 2018.

References

References

  1. (2019-07-05). "Nirmala Sitharaman’s parents watch her first budget speech in Parliament".
  2. (1 February 2026). "Nirmala Sitharaman Biography: Age, Family, Education, Political Career, Recognitions". Jagranjosh.com.
  3. "Nirmala Sitharaman: Latest News, Photos, Videos & Updates".
  4. "Smt. Nirmala Sitharaman {{!}} Department of Financial Services {{!}} Ministry of Finance {{!}} Government of India".
  5. (2025-02-20). "Budget 2025: FM Nirmala Sitharaman educational qualification - Impressive journey from academics to politics".
  6. (4 September 2017). "The rise and rise of Nirmala Sitharaman: From spokesperson to defence minister". [[Business Standard]].
  7. Sitharaman, Nirmala. (30 May 2016). "Rajya Sabha Affidavits".
  8. (31 May 2019). "Nirmala Sitharaman appointed Finance Minister in Modi govt 2.0 as Arun Jaitley retreats". The Financial Express.
  9. (4 September 2017). "The rise and rise of Nirmala Sitharaman: From spokesperson to defence minister". Business Standard.
  10. (2014-05-26). "Nirmala has her roots in Tiruchi". The Hindu.
  11. Phadnis, Aditi. (4 September 2017). "The rise and rise of Nirmala Sitharaman: From spokesperson to defence minister". Business Standard India.
  12. (3 September 2017). "In Nirmala Sitharaman, India Gets Its Second Woman Defence Minister After Indira Gandhi". Huffington Post India.
  13. Mohua Chatterjee, TNN. (21 March 2010). "BJP gets a JNU product as its woman spokesperson".
  14. Chaudhuri, Shatarupa. (2025-09-24). "Nirmala Sitharaman".
  15. Menon, Amarnath K.. (2017-09-05). "Nirmala Sitharaman's rise from activist to Defence Minister".
  16. (1 February 2020). "Nirmala Sitharaman and the Budget: A lady's day out". [[The Economic Times]].
  17. (27 June 2014). "Nirmala elected to Rajya Sabha". The Hindu.
  18. (29 May 2016). "Naidu, Naqvi, Goyal among 12 in BJP's RS list". ABP Live.
  19. "Nirmala Sitharaman Wins Rajya Sabha Seat From Karnataka, Congress Gets 3".
  20. (2017-09-04). "India new defence minister hails progress for women". [[BBC News]].
  21. Peri, Suhasini Haidar & Dinakar. (2019-02-26). "India bombs Jaish camp in Pakistan’s Balakot". The Hindu.
  22. Rohit, T. K.. (2019-03-05). "Govt stand on death toll in IAF Pak. strike same as one given by Foreign Secretary: Nirmala Sitharaman". The Hindu.
  23. "Nirmala Sitharaman's 'Dahi-Cheeni' Moment With President Ahead Of Budget".
  24. (31 May 2019). "PM Modi allocates portfolios. Full list of new ministers". [[Live Mint]].
  25. (31 May 2019). "Narendra Modi Cabinet: Amit Shah gets Home and Nirmala Sitharaman is India's first full-time woman Finance Minister". The Hindu.
  26. (5 July 2019). "Key Highlights of Union Budget 2019–20". PIB.
  27. (2019-07-05). "Nirmala’s maiden Budget is all about incremental measures". The Hindu.
  28. (20 March 2020). "Coronavirus in India: Economic task force yet to be formed; no decision on relief package".
  29. (19 March 2020). "Covid 19 Economic Task Force: Government forms Covid-19 economic response task force, says PM Modi".
  30. (26 September 2022). "This chart shows the growth of India's economy".
  31. (29 May 2023). "All promises made in 2014, 2019 enforced: Nirmala Sitharaman on nine years of NDA".
  32. (10 June 2024). "Press Communique".
  33. (9 June 2024). "Modi 3.0: Amit Shah, Rajnath Singh, Nirmala Sitharaman, S Jaishankar — 10 ministers retain Cabinet berths". [[Indian Express]].
  34. PTI. (2025-02-01). "Nirmala Sitharaman creates history with 8th consecutive Union Budget". The Hindu.
  35. "Union Budget 2025 {{!}} Who has presented the most number of Budgets?".
  36. Bureau, The Hindu. (2024-01-31). "Parliament Budget Session Live updates Day 1 {{!}} President address joint session of Parliament, both Houses adjourned till tomorrow". The Hindu.
  37. Staff Reporter. (12 June 2019). "Nirmala Sitharaman, Jaishankar to get JNU's Distinguished Alumni Award". The Hindu.
  38. "Nirmala Sitharaman".
  39. PTI. (2022-12-07). "Nirmala Sitharaman, 5 other Indians among Forbes World’s 100 Most Powerful Women". The Hindu.
  40. (December 5, 2023). "The World's Most Powerful Women 2023".
  41. (2022-05-07). "ET Business Reformer of the Year 2021: Nirmala Sitharaman-Life support and recovery, forged in the crucible of a pandemic". The Economic Times.
  42. (2025-05-23). "Notice issued to Sitharaman over defamation plea by Bharti’s wife". The Times of India.
  43. "Meet the Union Finance Minister/DEPARTMENT OF Expenditure | MoF |GoI".
  44. (17 September 2013). "Vangmayi Parakala - JLF Colorado".
  45. (2024-06-06). "Meet Vangmayi Parakala, the daughter of Nirmala Sitharaman; Know about her education, career, and more".
  46. (19 June 2018). "AP govt advisor and Nirmala Sitharaman's husband Parakala Prabhakar quits, blames Jagan".
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