News Broadcasting
“We are confident, people have unstinted faith in PM Modi’s leadership”: Nirmala Sitharaman in her first interview post-budget
Mumbai: In her first post-budget interview to any private network, finance minister Nirmala Sitharaman has highlighted what she called people’s unshakeable faith in prime minister Narendra Modi, emphasizing that this trust gave the government confidence to focus on empowerment instead of populism just before elections
In an exclusive interview with NDTV’s editor-in-chief Sanjay Pugalia, Nirmala Sitharaman said the unflinching public faith in prime minister Modi empowered the government to prioritize long-term fiscal responsibility without compromising on the allocation to welfare schemes.
“We are confident because, in the last 10 years, we have consistently launched schemes that benefit the people. And we don’t just launch the schemes, we ensure that the benefits reach the last person in the queue,” the finance minister said, to a question on the confidence on display with a budget that skipped any populist measure, including tax changes.
“This is why we are confident that we have got the people’s blessings twice and will get it again. The people’s confidence in Prime Minister Modi is unshakeable and that gives us confidence.”
Sitharaman, in the last budget before national polls, also trimmed the subsidy spend to Rs 3.81 lakh crore for FY25 compared to Rs 4.13 crore for FY24. Resisting the temptation of spending on schemes for the poor in the pre-election budget, the government stayed firm on fiscal consolidation to attract investors.
“Our initiatives are not about populism or entitlement but of empowerment,” Sitharaman said, “We don’t believe in handholding people in a way which hampers their own decision-making. We will do welfare spending for healthcare and education.”
Fiscal discipline and subsidies, she explained, are not substitutes to one another.
To NDTV’s question on plans to raise capital expenditure, the finance minister said, “We will treat capex exhaustively in July (Union Budget).”
In 2014, when we came to power, there was enormous pressure on us. The impact of the financial mess, the policy paralysis, and scams had created a lack of confidence in the Indian economy. Foreign investors had become doubtful about India.
There was pressure on us to bring out a… pic.twitter.com/DVPfsOLLCt
— Nirmala Sitharaman Office (@nsitharamanoffc) February 2, 2024
News Broadcasting
Rajesh Sundaram joins NDTV Profit as senior editor, assignment
The 32-year newsroom veteran has launched channels on three continents and covered everything from 9/11 to South African television
MUMBAI: NDTV Profit has bolstered its newsroom with a hire who has done rather more than most. Rajesh Sundaram, a journalist with over three decades of editorial, managerial and consultative experience across India and international markets, joins as senior editor, assignment, tasked with sharpening the network’s newsgathering and real-time response.
Sundaram’s career reads like a tour of Indian media’s most formative moments. He began at Businessworld in 1994, moved to Zee News as bureau chief across Mumbai and Chennai, then joined NDTV in 2002 as part of its political bureau during a particularly febrile period in Indian politics. A stint as India correspondent for Al Jazeera International followed, where he covered key geopolitical developments and got his first serious taste of the global newsroom.
What sets Sundaram apart, however, is his serial channel-launching habit. At NewsX, he helped get the operation off the ground. At Headlines Today, part of the India Today Group, he served as editor. At News Nation, he helped launch the Hindi news channel and its digital ecosystem. He then crossed continents to lead the launch of ANN7 in South Africa as editor-in-chief, overseeing both television and digital. Back in India, he launched Tamil news channels News7 Tamil and Cauvery News, and later served as principal consultant for the launch of Marathi channel Lokshahi. Most recently, he helped build and lead the Press Trust of India’s video service and content studio, before stints consulting for Business Today and The Himalayan Times.
Rahul Kanwal, chief executive and editor-in-chief of NDTV, left little doubt about what Sundaram is expected to deliver. “The assignment desk is where a newsroom’s intent becomes action,” he said. “Rajesh brings a rare combination of field experience and leadership in building news operations at scale.”
Sundaram has reported from across India and the world, covering elections, civil conflicts, the aftermath of the 9/11 attacks and the 2008 US presidential election.
At NDTV Profit, he will lead the assignment desk, driving editorial coordination and real-time response across markets and breaking developments. For a business news network sharpening its focus on speed and multi-platform delivery, it has hired a man who has built newsrooms from scratch on three continents. The assignment desk is in good hands.
