Pranab Mukherjee is New Finance Minister: Key Portfolios Announced ~ IPO India: IPO News India, Latest IPO News from Share Market India, Indian IPO News

Saturday, May 23, 2009

Pranab Mukherjee is New Finance Minister: Key Portfolios Announced

Dr Manmohan Singh took over as the twenty-first Prime Minister of India on May 22, 2009. Today, it was announced that Pranab Mukherjee was elected as the Finance Minister, while P Chidambaram would retain his position as the Home Minister. AK Antony has been appointed as the Defence Minister and Mamata Banerjee will take over as the Railway Minister. Sharad Pawar has been given the position of the Agriculture Minister, Food and Civil Supplies. SM Krishna is the new External Affairs Minister.

Finance Minister Pranab Mukherjee said his task is to encourage the economy. "We will address all economic issues. Efforts will be made to return to high growth as soon as possible." He said the government will present the Budget in due course to remove uncertainty. Mukherjee will assume charge on May 25.

Other Cabinet members sworn in on May 22 include: Ghulam Nabi Azad
Sushil Kumar Shinde
Veerappa Moily
Jaipal Reddy
Kamal Nath
Vayalar Ravi
Meira Kumar
Murli Deora
Kapil Sibal
Ambika Soni
BK Handique
Anand Sharma
CP Joshi

Source: Moneycontrol.com

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