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Nirmala Sitharaman Assumes Charge as Union Minister of Finance & Corporate Affairs

New Delhi: Nirmala Sitharaman today reassumed her role as the Union Minister of Finance and Corporate Affairs at the Ministry’s headquarters in North Block, New Delhi. Upon her arrival, she was warmly welcomed by Finance Secretary Dr. T.V. Somanathan and other key officials from the Ministry of Finance and Corporate Affairs.

In her address, Sitharaman expressed deep gratitude to Prime Minister Narendra Modi for entrusting her with the significant responsibility of leading the Ministry once again. She highlighted the transformative changes and robust economic resilience achieved under the Modi government’s development-oriented leadership over the past decade.

“The strong leadership and governance we have seen over the last ten years have driven significant progress across various sectors,” Sitharaman stated. “I am honored to continue serving India and its people under the guidance of Prime Minister Narendra Modi.”

After assuming charge, Sitharaman was briefed on ongoing policy issues by the Secretaries of the different departments within the Ministry. She reiterated the government’s unwavering commitment to enhancing the ‘Ease of Living’ for all citizens and emphasized the importance of continuing the reforms initiated since 2014. These reforms, she noted, have been instrumental in providing macroeconomic stability and fostering growth.

Reflecting on India’s commendable economic performance amidst global challenges, Sitharaman noted, “Our growth story in recent years has been exceptional, and we have a positive economic outlook for the coming years.”

Sitharaman urged the departments to advance the NDA government’s development agenda with renewed vigor, ensuring responsive and effective policymaking to realize the Prime Minister’s vision of a ‘Viksit Bharat’ (Developed India). She emphasized the government’s commitment to the philosophy of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas’ (Together with All, Development for All, Trust of All, Efforts of All) and called for the continued support and cooperation of all stakeholders, including industry leaders, regulators, and citizens, to build a strong and vibrant economy.

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