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Nirmala Sitharaman Assumes Charge as Finance and Corporate Affairs Minister

Nirmala Sitharaman officially took charge as the Finance and Corporate Affairs Minister for the second consecutive term, marking the beginning of a new chapter in India’s economic landscape. She is gearing up to present the final Budget for FY ’25, a crucial milestone that will shape the priorities and direction of the Modi 3.0 government’s vision for Viksit Bharat.

Promoting Ease of Living and Ensuring Macro Economic Stability

Upon her arrival at the North Block office, Sitharaman was welcomed by the Finance Secretary T V Somanathan and other top officials, including Minister of State for Finance Pankaj Chaudhary. The Finance and Corporate Affairs Minister was briefed on ongoing policy issues by department Secretaries, underlining the government’s commitment to ensuring ‘Ease of Living’ for its citizens.

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Continuing Reforms for Economic Growth

Sitharaman emphasized that the government will continue the reforms initiated since 2014, which aim to provide macroeconomic stability and foster growth in India. She highlighted India’s remarkable growth story amid global challenges and expressed optimism about the country’s economic outlook in the years ahead.

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Upholding Inclusive Development and Stakeholder Cooperation

Reiterating the government’s motto of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas,’ Sitharaman called for continued support and cooperation from stakeholders, including industry leaders, regulators, and citizens. She emphasized the importance of inclusive development and collaborative efforts to ensure a robust and vibrant economy.

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In conclusion, Nirmala Sitharaman’s leadership and commitment to economic reforms and sustainable growth are instrumental in shaping India’s financial landscape. As she embarks on presenting the seventh Budget in a row, her dedication to driving positive change and inclusive development sets a benchmark for future economic policies.

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