New Delhi, June 12 (IANS) Nirmala Sitharaman on Wednesday assumed charge as the Union Minister for Finance and Corporate Affairs at South Block in Delhi.
After taking charge she signed some files.
Sitharaman was accompanied by Pankaj Chaudhary who took charge as Minister of State (MoS) in the Ministry.
Nirmala Sitharaman is among a few who have been Union Minister in both the 2014 and 2019 Modi cabinets.
Prime Minister Narendra Modi has sent a clear message of continuity in the government’s economic policy with the reappointment of Nirmala Sitharaman as Finance Minister.
Sitharaman’s return comes on the back of a successful track record with the Indian economy clocking a robust 8.2 per cent growth in 2023-24, which is the fastest among the world’s major economies, and inflation coming down to below 5 per cent.
During her tenure as Finance Minister, the fiscal deficit has also been reduced from more than 9 per cent of GDP in 2020-21 to the targeted level of 5.1 per cent for 2024-25.
After having presented an interim budget ahead of the Lok Sabha polls, Sitharaman now faces the challenge of presenting a full budget that ensures the economy continues on the high growth trajectory and creates more jobs while at the same time keeping in mind the aspirations of the coalition partners of the Modi 3.0.
In 2014, she served as the Minister of State for Finance and Corporate Affairs and later the Minister for Commerce and Industry with Independent Charge.
In 2017, he became the Defence Minister
In 2019, Sitharaman assumed charge as the Union Minister of Finance and Corporate Affairs.
–IANS
dpb/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
