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Nirmala Sitharaman (born 18 August 1959) is an Indian economist and politician who has served as the Finance and Home Affairs Minister of India since 2019. Since 2014, he has been a member of the Rajya Sabha, the upper house of the Indian Parliament.
Sitharaman previously served as India’s Defense Minister, becoming India’s second Defense Minister as well as the second Finance Minister after Indira Gandhi and the first full-time female Finance Minister.
He served as Minister of State for Finance and Commerce under the Ministry of Finance and Minister of Commerce and Industry with independent content. He was previously the national spokesperson of the Bharatiya Janata Party.
Sitharaman was listed on the 2021 Forbes World’s 100 Most Powerful Women, ranking 37th. Fortune ranked Nirmala Sitharaman as the most powerful woman in India.
Nirmala Sitharaman was born into a Tamil Brahmin family in Madurai, Tamil Nadu to Savitri and Narayanan Sitharaman. He went to school in Madras and Tiruchirappalli.
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He received his BA in Economics from Seethalakshmi Ramaswami College, Tiruchirapalli in 1980, Master of Arts in Economics and M.Phil. from Nehru University, Delhi in 1984. He then applied for a Ph.D. Economic programs focusing on Indo-European trade; but she then left the program and moved to London (when her husband won a scholarship to the London School of Economics), preventing her from completing her studies.
Sitharaman joined the BJP in 2006 and was appointed party spokesperson in 2010. In 2014, he was inducted into Narendra Modi’s cabinet as a junior minister, and in June 2014 he was elected as a member of the Rajya Sabha from Andhra Pradesh.
In May 2016, he was one of the 12 candidates nominated by the BJP for the Rajya Sabha elections scheduled for 11 June 2016. He successfully contested his seat from Karnataka. He served as India’s Defense Minister and led the Indian Air Force-led Balakot raid in 2019.
he is currently serving as the Minister of Finance and Corporate Affairs of India and presented India’s 4th annual budget in 2022. India has reached the economic threshold of $3.1 trillion under his leadership.
Union Cabinet Minister
Smt. Nirmala Sitharaman served as Minister of State (Independent Charge) for Commerce and Industry in New Delhi on 27 May 2014. Joint Minister of Defence
Sitharaman took over as Defense Minister in New Delhi, 7 September 2017. Sitharaman led the Indian Navy Exhibition, January 2018.
She was appointed Defense Minister on 3 September 2017, becoming the second woman after Gandhi to hold the post, but the first full-time Defense Minister.
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Union Finance Minister
Sitharaman served as Union Finance and Corporate Affairs Minister in Delhi on 31 May 2019
On 31 May 2019, Nirmala Sitharaman was appointed as the Minister of Finance and Corporations.
She is India’s first full-time finance minister. On 5 July 2019, he presented his inaugural budget in the Parliament of India.
Sitharaman presented the Union Budget 2020–21 on 1 February 2020. During the COVID-19 pandemic in India, he was appointed to head the task force on the economic response to COVID-19.
Not a political career
Sitharaman meets Sajid Javid in New Delhi, July 8, 2016. Nirmala Sitharaman works as a sales assistant at Habitat, a home decor store on Regent Street in London. He served as Assistant Economist at the Association of Agricultural Engineers in the United Kingdom. During his time in the UK he also served as Senior Manager (R&D)  for PWC and briefly at the BBC World Service.
She also served as a member of the National Commission for Women. Until 2017, he was one of the founders of Pranava in Hyderabad.
Awards and honors
Jawaharlal Nehru University awarded him the Distinguished Alumni Award in 2019. Forbes magazine ranked her 34th among the 100 most powerful women in the world in 2019.
Sitharaman met her husband Parakala Prabhakar, who hails from Narsapuram, Andhra Pradesh, when she was studying at Nehru University.
While Nirmala is loyal to the BJP, her husband is from a Congress family. They married in 1986 and have a daughter. Prabhakar served as communications advisor to the former Chief Minister of Andhra Pradesh.
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