New Delhi: After a gap of few months, finance minister Arun Jaitley took back the charge as the finance and corporate affairs minister. As per the news, Jaitley holds back the charge when the government is facing some challenges and weakening the currency is one of them. Besides this, international oil prices volatility will be one of the other few concerns that finance minister Arun Jaitley will be facing as he resumed his post after a long gap of more than three months, to be specific.
As per the reports, earlier this month the Indian rupee weakened past 70 against the dollar that raised concerns of the current account deficit widening. Besides this, the minister will also work hard in order to improve and defend the track record of the National Democratic Alliance (NDA) government regarding the Gross domestic product(GDP).
Our resources revealed that past few months, finance minister Arun Jaitley was recovering from a kidney transplant operation as he was suffering from a chronic kidney disease. He was undergoing dialysis before the transplant, sources added.
Overlooking and concerned about Jaitley’s serious health issues, Prime Minister Narendra Modi temporarily assigned the position to the Railways and Coal Minister Piyush Goyal till the time Jaitley gets recovered.
“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,” said a press communique from the Rashtrapati Bhawan on Thursday.
The National Democratic Alliance (NDA) Government came into power since 2014 and since then Jaitley is holding the position of the finance minister and is one of the senior most ministers in the Modi cabinet.
A ministry of finance spokesperson revealed that finance minister Arun Jaitley will resume charge at 11 am today in North Block after a gap of three months.