The 39-year-old is set to move into No. 11 Downing Street, next door to the Prime Minister's Office as he takes charge of the second most important government position as the finance minister.
Replying to discussions on Union Budget 2020-21 in the Lok Sabha, Mrs Sitharaman said banks are now better equipped to fund growth investment.
In the tourism sector, a total number of 1.67 crore tourists (foreign and domestic) visited the state in the year 2018 indicating 5.93 per cent increase over the previous year which shows that the sector rebounded quickly after the floods of 2018.
"We expect the industry to move the economy forward. The government is there to support the industry. We are putting money where assets have to be created. We have given the roadmap, Sitharaman said.
PM Modi said, Government has given a lot of emphasis on four sectors agriculture, infrastructure, textiles and technology in the budget to increase the employment generation.
The speech, which lasted approximately 2 hours and 40 minutes, is the longest ever in terms of duration by any finance minister.
Finance Minister Nirmala Sitharaman, presenting her second Budget today said that Aspirational India, economic development and a caring society for all are the three prominent themes of the Union Budget 2020-21.
The Finance Minister said the NDA government is "committed to Open Defecation Free (ODF) plus in order to sustain ODF behavior and to ensure no one is left behind."
"The digital revolution, which has placed India in a unique leadership position, globally will see the next wave. We shall aim to achieve seamless delivery of services through digital governance," Sitharaman said.
As the Budget Session of Parliament commences on Friday, Union Finance Minister Nirmala Sitharaman tables the Economic Survey 2019-20.