Tag Archives: Nirmala

A dip in GDP is part of growth process: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman today shrugged off questions on the GDP growth declining to 5 per cent in the first quarter, saying the ups and down are part of the growth process and the government is responding to the current economic challenges to revive demand and consumption in the country. Speaking at a press conference in Chennai, Sitharaman said a dip in the ... Read More »

Nirmala Sitharaman press conference: Finance Minister touches on pain points plaguing economy

Union Finance Minister Nirmala Sitharaman is addressing a press conference amid concerns over the on-going economic slowdown in the country. This development came after Moody’s Investors Service on Friday cut India’s GDP growth forecast for 2019 calendar year to 6.2 per cent from the previous estimation of 6.8 per cent. For 2020 calendar year, it reduced the estimate by a ... Read More »

The biggest challenges facing Finance Minister Nirmala Sitharaman

New Delhi: India’s first female finance minister in almost five decades, Nirmala Sitharaman, has held a wide range of jobs: She rode aboard a fighter jet as defense minister. As head of the trade department she grappled with falling exports. She’s been a national spokeswoman for her party, and in younger days worked in London as a home decor saleswoman. Now Sitharaman, ... Read More »