She is the senior most woman minister in Modi's cabinet and the second woman to head the finance department after late former prime minister Indira Gandhi. Torrent of bad news hits Nirmala Sitharaman on first day as finance minister https://t.co/zcDOfcY2Sf by @Krishnadas56 and @Manojgulnar — Reuters India (@ReutersIndia) May 31, 2019Sitharaman faces pressure from industry for the government to provide some stimulus to halt a worrying slowdown in India's $2.7 trillion economy. It confirms what former Finance Minister has been denying for long – that the #Economy has been slowing down to alarmingly low levels. He will take over from Sushma Swaraj, the ruling party's veteran leader and the previous most senior woman in the cabinet. This is the first time that a foreign secretary has been appointed as India's foreign minister.

Source: Dhaka Tribune June 01, 2019 08:37 UTC