Finance Minister Nimala Sitharaman recently made headlines after presenting the Union Budget 2026-2027 in Parliament, Marking a historic milestone as her ninth consecutive budget. The budget focused on sustaining economic growth while strengthening domestic manufacturing, agriculture, and infrastructure. Sitharaman emphasized that India is emerging as a key driver of Global Economic Growth, with policies aimed at boosting demand, supporting farmers, and encouraging private Investment.
Special Initiatives were announced for the rural economy, MSMEs, women-led enterprises and technology-driven agriculture solution, reflecting the government’s Long-Term Development vision. at the same time, the finance minister underlined the importance of “Make in India” and import balancing to reduce the trade deficit, particularly with China.
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Nirmala Sitharaman Salary
Nirmala Sitharaman gets a fixed salary of ₹1.00 Lakh per month as a Member of Parliament in Karnataka, along with this, being a Minister of India, Nirmala Sitharaman also gets Ministerial Allowances like Office Expenses, Staff Allowance, Travel Allowance, Housing Allowance which is worth around ₹3.00 Lakh INR and her monthly salary is around ₹4.00 Lakh and her salary per year is ₹48.00.
| Component | Salary Amount |
| Basic Salary as a MP | ₹1.00 Lakh |
| Ministerial Allowances | ₹3.00 Lakh Approx… |
| Total Per Moth Salary | ₹4.00 Lakh Approx… |
| Annual Salary | ₹48.00 Approx… |
Education
Nirmala Sitharaman did her schooling in Tamil Nadu, the name of the school is not available. She did her Bachelor of Arts in Economics Graduation from Seethalakshmi Ramaswami College which is located in Tiruchirappalli, Tamil Nadu. She did her master’s in economics degree and Master of Philosophy from India’s one of the most popular Jawaharlal Nehru University (JNU) which is located in New Delhi. She also started her PhD degree from Jawaharlal Nehru University but did not complete her PhD degree and dropped out from PhD.
Age
Nirmala Sitharaman is 66 Years Old in January 2026.
Net Worth
India’s Finance Minister Nirmala Sitharaman’s total net worth is approximately ₹1.63 Crore INR and $180,180 USD and her Net Worth Details are Disclosed on the internet.
Biography
Nirmala Sitharaman was born in Madurai city of Tamil Nadu state. She is currently the 30th Finance Minister of India and also the 32nd Corporate Affairs Minister. Bharatiya Janata Party, which is currently the biggest political party of India, has one of the most educated politicians in that party, Nirmala Tai. People of India also know her by the name of Nirmala Tai. In the year 2017, she has also given her services to our country as the Defence Minister of India. There is no information about her caste and religion. She has presented the Union Budget of India 9 times in her entire political career.
| Biography | Personal Information |
| Name | Nirmala Sitharaman |
| Nickname | Nirmala Tai |
| Full Name | Nirmala Sitharaman |
| Popular Name | Nirmala Sitharaman, Nirmala Tai |
| Birthplace | Madurai, Tamil Nadu, India |
| Date of Birth | 18 August 1959 |
| Age | 66 Years in 2026 |
| Nationality | Indian |
| Profession | Politician and Economist of India |
| Political Party | Bhartiya Janta Party |
| Ideology | Bhartiya Janta Party Ideology |
| Religion | Not Information in Disclosed |
| Caste | Not Information in Disclosed |
| Education | *Bachelor of Arts in Economics *Master of Arts in Economics *Master of Philosophy |
| Languages Known | Hindi, English, Tamil |
| Father’s Name | Narayanan Sitharaman |
| Mother’s Name | Savitri Sitharaman |
| Marital Status | Married |
| Husband | Dr. Parakala Prabhakar |
| Children Name | One Son – Name not publicly available |
| Total Net Worth | ₹1.63 Crore INR ($180,180 USD Approx…) |
| School Name | Not Available |
| College Name | Seethalakshmi Ramaswami College |
| University Name | Jawaharlal Nehru University (JNU), New Delhi |
| Famous for | India’s First Full-Time Finance Minister |
| Role in Politics | Finance Miniter of India, |
| Occupation | Union Cabinet Miniter |
| Father’s Occupation | Government of India (Indian Railways) |
| Mother’s Occupation | Homemaker (Housewife) |
| Achievement | *First Women Defence Minister *First Women Finance Minister |
| Awards | No Major Civilian Awards Publicly Listed |
| Hometown | Madurai, Bhartiya Janta Party |
| Current Address | New Delhi, India |
| Current Political Party | Bhartiya Janta Party (BJP) |
| Current Position in Politics | *Finance Minister of India *Corporate Affairs Minister of India |
Husband
Nirmala Sitharaman’s husband’s name is Parakala Prabhakar, who is professionally a political economist, policy analyst and commentator.
Family
Talking about Nirmala Sitharaman’s family, she was born in a Tamil family in Madurai, Tamil Nadu. Her father’s name was Narayanan Sitharaman, who worked professionally in the Indian Railways. While her mother, Savitri Sitharaman, was a homemaker. Nirmala Sitharaman’s family is known for education and public service. She also has a son, but no information about her son is available on the internet.
Children
Nirmala Sitharaman and her husband Dr. Parakala Prabhakar have only one son about whom there is no information of any kind, there is no information about his name also.
Nirmala Sitharaman Kaun Hai in Hindi
निर्मला सीतारमण भारत की प्रमुख नेताओं में से एक हैं। वर्तमान में वे भारत की वित्त मंत्री हैं, जिनकी जिम्मेदारी देश की कर प्रणाली, अर्थव्यवस्था और केंद्रीय बजट जैसे महत्वपूर्ण कार्यों को संभालना है। वे भारतीय जनता पार्टी की सबसे शिक्षित राजनीतिज्ञों में से एक हैं। 2019 में वित्त मंत्री बनने से पहले, निर्मला सीतारमण 2017 में रक्षा मंत्री के रूप में देश की सेवा कर चुकी हैं। भारत के तमिलनाडु राज्य के मदुरै शहर से लेकर भारत की अर्थव्यवस्था को संभालने तक का उनका सफर संघर्षों से भरा रहा है।
Assets
Nirmala Sitharaman has disclosed all her assets as a Member of Parliament. The total value of her assets in 2026 is approximately ₹2.75 crore, which includes movable and immovable assets. She has total loans and liabilities of ₹1,11,69,292. She does not own a personal car yet, but she owns a Bajaj Chetak scooter for personal use.
Political Career
Now let’s talk about Nirmala Sitharaman’s political career. Nirmala Sitharaman’s career in Indian politics started in the year 2006 with the Bharatiya Janata Party. In the year 2010, she became the National Spokesperson of BJP, and this is how she got recognition at the national level.
In the year 2014, she became a Member of Parliament from Karnataka Constituency and also became the finance minister and Corporate Minister of the state for a few months. In the year 2017, she got the post of Minister of Defence of India and then in the year 2019, she became India’s first women Finance Minister. In the year 2024, Nirmala Sitharaman was again made the finance minister. Nirmala Sitharaman has been the Finance Minister of India from 2019 to February 2026, which makes her India’s third longest serving Finance Minister.
| Position In Politics | Years |
| Member of Parliament, Rajya Sabha | 26 June 2014 – 21 June 2016, 1 July 2016 |
| Minister of State for Corporate Affairs | 26 May 2014 – 9 November 2014 |
| Minister of State for Finance | 26 May 2014 – 9 November 2014 |
| Minister of State for Commerce and Industry | 26 May 2014 – 3 September 2017 |
| Defence Miniter of India | 3 September 2017 – 30 May 2019 |
| Finance Minister of India | 30 May 2019 – Continued |
| Corporate Affairs of India | 30 May 2019 – Continued |
FAQs
What is Nirmala Sitaraman’s Salary?
Being an MP of Nirmala Sitharaman’s state, she gets a salary of ₹1.00 per month and allowances worth ₹3.00 lakh per month. The total salary per month is worth ₹4.00 lakh.
What Ministers has Nirmala Sitharaman Handled?
Nirmala Sitharaman currently holds the positions of India’s Finance Minister and Corporate Affairs Minister. She has also served as Minister of State in states like Karnataka for several years.
What is Nirmala Sitaraman Age?
Currently 66 Years Old is Nirmala Sitharaman in 2026 January.
Who is Nirmala Sitaraman?
Nirmala Sitaraman is an Indian Politician and Economist who serves as the Union Minister of Finance and Corporate Affairs of India.
Why is Nirmala Sitharaman important in Indian Politics?
Nirmala Sitharaman is Important in India Politics Because she has held some of the most powerful and sensitive ministers of the Government of India and Created historic firsts. She is the first women to serve full-time as India’s First Finance Minister and also the firsts women full-time Defense Minister.
Is Nirmala Sitharaman a CA?
No, Nirmala Sitharaman is not a professional Chartered Accountant (CA), rather she has done her graduation with bachelor’s in economics.
Who is the Longest Serving Finance Minister of India?
P. Chidambaram was the longest-serving Finance Minister of India, with a tenure spanning 12 years.
What are Education Qualifications of Nirmala Sitharaman?
Nirmala Sitharaman has very good educational qualifications, she has completed her degrees from Bachelor to Masters.