0
Criminal Cases
₹4.1 Cr
Total Assets
4
Controversies
0
Family Abroad
CONTROVERSIES
low2020-02-01
Longest Budget Speech Ever
Her Feb 2020 Union Budget speech lasted 2 hours 42 minutes, the longest in Indian parliamentary history. She fainted mid-speech in 2019 due to exhaustion.
View Sourcehigh2018-01-02
Electoral Bond Defense
Jointly presented and defended the Electoral Bond Scheme in Parliament which the Supreme Court unanimously struck down as unconstitutional in Feb 2024 for violating voters' right to information.
View Sourcemedium2017-07-01
GST Multiple Rate Slabs Confusion
As Finance Minister, the complex GST system with 5 rate slabs (0%, 5%, 12%, 18%, 28%) she administered was criticised by economists and businesses for excessive complexity and compliance burden on small traders.
View Sourcemedium2023-07-01
Inflation Not Addressed — Food Prices Spike
Retail food inflation hit 11.5% in July 2023. Tomatoes sold at ₹200/kg. Opposition blamed finance ministry's failure to control prices through fiscal/import policy.
View SourceASSETS DECLARED
📦 Movable Assets₹2.5 Cr
🏠 Immovable Assets₹1.6 Cr
🚗 Vehicles₹0
💎 Gold & Jewellery₹0
💵 Cash in Hand₹0
Total Assets₹4.1 Cr
* Source: Self-declared affidavit filed with Election Commission of India
FAMILY & CHILDREN
🇮🇳 Vangmayi Parakala
📍 India💼 Media/public policy professional
ℹ️ Daughter of Nirmala and her husband Parakala Prabhakar (economist/political commentator who has criticized BJP policies)
* Family information compiled from EC affidavits, official interviews & public records
Tags
BJPFinance MinisterEconomyBudgetRajya Sabha