Nirmala Sitharaman

Nirmala Sitharaman (born 18 August 1959) is an Indian economist, politician and a senior leader of the Bharatiya Janata Party (BJP) serving as the Minister of Finance and Minister of Corporate Affairs of the Government of India since 2019. She is a member of the Rajya Sabha, the upper house of the Indian Parliament, representing Karnataka since 2016 and previously represented Andhra Pradesh from 2014 to 2016. Sitharaman previously served as the 28th Defence Minister from 2017 to 2019, thereby 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. She served as junior minister in the 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.

Nirmala Sitharaman
Sitharaman in 2023
Minister of Finance
Assumed office
30 May 2019
Prime MinisterNarendra Modi
Preceded byArun Jaitley
Minister of Corporate Affairs
Assumed office
30 May 2019
Prime MinisterNarendra Modi
Preceded byArun Jaitley
Minister of Defence
In office
3 September 2017  30 May 2019
Prime MinisterNarendra Modi
Preceded byArun Jaitley
Succeeded byRajnath Singh
Minister of State (Independent Charge) for Ministry of Commerce and Industry
In office
26 May 2014  3 September 2017
Prime MinisterNarendra Modi
Preceded byAnand Sharma
Succeeded bySuresh Prabhu
Minister of State for Finance and Corporate Affairs
In office
26 May 2014  9 November 2014
Prime MinisterNarendra Modi
Preceded byShripad Naik (Finance)
Office established (Corporate Affairs)
Succeeded byJayant Sinha (Finance)
Arjun Ram Meghwal (Corporate Affairs)
Member of the Rajya Sabha
Assumed office
1 July 2016
Preceded byM. Venkaiah Naidu (BJP)
ConstituencyKarnataka
In office
26 June 2014  21 June 2016
Preceded byN. Janardhana Reddy (INC)
Succeeded bySuresh Prabhu (BJP)
ConstituencyAndhra Pradesh
Personal details
Born (1959-08-18) 18 August 1959
Madurai, Madras State, India (present-day Tamil Nadu)
Political partyBharatiya Janata Party
Spouse
(m. 1986)
Children1
EducationSeethalakshmi Ramaswami College (BA)
Jawaharlal Nehru University (MA, MPhil)

Sitharaman featured in the Forbes 2022 list of World's 100 most powerful women and was ranked 36. Fortune named her the most powerful woman in India.

Union Finance Minister Nirmala Sitharaman created history as she presented her sixth consecutive budget on February 1, matching the record set by former Prime Minister Morarji Desai.

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