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Nirmala Sitharaman

PoliticianRight

Nirmala Sitharaman is the Finance Minister of India.

Notable Quotes

"India is facing uncertainty over foreign exchange and crude oil and fertiliser prices, as well as a shortfall of rains this year."
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"We recognise we need more foreign capital to come, but the fact that RBI has emerged, the fact that RBI has now allowed public sector, undertaking and banks to go out and pick money from outside..."
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"They don't have to hedge for the risks, particularly the currency-related risk, the volatility, the exchange rate risk."
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"The withholding tax treatment which we offer, we think will be the first step towards drawing some capital back."
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"the combination of robust growth and lower inflation reflects strong macroeconomic fundamentals."
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"India's economy is strong, our fiscal situation is strong, and the entire world is praising our fiscal deficit management. Our forex reserves are solid."
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"The more (Securities and Exchange Board of India) frameworks are understood abroad, the greater the confidence of global capital in Indian markets."
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"The tools of attack are evolving at high speed, and the tools of defence must evolve even faster."
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"We need enabling frameworks for responsible financial education, but we should not tolerate the monetisation of uninformed retail investor trust for personal enrichment."
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"We should not tolerate monetisation of uninformed retail investor trust for personal enrichment."
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"I urge Sebi to pursue this consultative path even further. Let market participants see themselves as partners in regulation, not as subjects of it."
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"It is the shared responsibility of all stakeholders to ensure that no citizen has to repeat the same verification journey across multiple financial products and platforms."
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