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Arun Jaitley Resumes The Charge As Finance Minister

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Union Minister Arun Jaitley has finally resumed charge as finance minister today after returning from the US last Saturday. A press release from the President’s office stated, “The President of India, as advised by the Prime Minister, has directed to assign the portfolios of the Minister of Finance and Minister of Corporate Affairs to Shri Arun Jaitley.”

Jaitley, who had gone for his treatment in the United States, also attended the Cabinet Committee of Security on the Pulwama terror attack which was chaired by Prime Minister Narendra Modi. Arun Jaitley also briefed reporters afterwards.

In the previous Saturday, Jaitley had tweeted “Delighted to be back home”. He is now scheduled to address the board meeting of the Reserve Bank of India (RBI), which is fixed to take place in New Delhi on 18 February.

The board meeting is a compulsory event that takes place after the presentation of the budget where the finance minister addresses the boards of the RBI and the Securities and Exchange Board of India (SEBI). The member of the board often places their queries on the budget before the finance minister and ministry officials.

Interim Finance Minister Piyush Goyal will now be released from the temporary charge of Finance Ministry and will lead the Railway and coal ministry.

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