After gigantic event-Lok Sabha election of 2019, as per expectation, the Indian public gets their existing “MODI- Government” with a majority and back in power for the proceeding of the second term. The market was cherishing as equity market reached to new record highs, marked all record high of 12K & 40K, IPL won by Mumbai Indian- the Ambani group as if all good things are happening in a pleasing way.
A few hours back, Mr. Arun Jaitley, the finance minister of India had tweeted to PM Modi that he would not be part of new Cabinet for the present Government. As he had some serious health challenges, which he has been facing from the last 18 months. He said in a letter written to PM, “I should be allowed a reasonable time for myself, my treatment and my health, and, therefore not be a part of any responsibility, for the present, in the new government”.
This means there will be a new finance minister before this monthly expiry. According to political sources, Nirmala Sitharaman, Piyush Goyal or BJP President Amit Shah himself could be considered to take charge.
Currently, Nirmala Sitharaman is serving as the Minister of Defense of India since 2017 and has served as Member of the Rajya Sabha, the upper house of the Indian Parliament, since 2016.
Piyush Goyal is serving as a minister of Railways and Coal in the Government of India and Member of Parliament for Rajya Sabha from the state of Maharashtra. He had enriched career as an investment banker and served on the board of India's largest commercial banks, the State Bank of India 2001-2004 and Bank of Baroda 2002-2004 as Government nominee.
Amit Shah has been President of the BJP since 2014. He is holding a B.Sc. degree in biochemistry. In his early stage of career, worked for his father's business, he worked as a stockbroker and also in co-operative banks in Ahmedabad.