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Piyush Goyal takes charge of finance

January 24, 2019

The charge of Finance Ministry has been handed over to Union Railways Minister Piyush Goyal. This has been done on a temporary bases as Finance Minister Arun Jaitley is currently in the US where he is undergoing medical check-up.

In his absence, Piyush Goyal has been given the charge of Finance and Corporate Affairs ministries. This has been done because the interim budget will be presented on 1 February and Arun Jaitley will not be in the country at the time.

Last year too, Piyush Goyal had taken up the responsibility of Finance and Corporate affairs ministry when Jaitley took a three month break for a kidney transplant surgery.

Considering the upcoming general elections, it is expected that the budget will be people centric. As per some reports, the government is planning to increase the income tax exemption limit.

Some welfare and income increasing schemes for farmers may also be announced. The budget is not full and is interim which will be effective for a few months till the new government makes the budget after elections.

The Union Budget which was normally presented on the last working day of February has been presented on 1 February from 2017 when Jaitley changed the tradition. Here are few responses of social media users to the change in portfolios.

Arun Naik‏ @arunbnaiktweeted,"Congratulations @PiyushGoyal on being the Finance Minister of India. May India benefit from your knowledge and capabilities. All the best #PiyushGoyal"

Satish Kumar‏ @SatishK78494543wrote,"Replying to @ZeeNews Sir,Piyush Goyalji ,is a CA ,must continue as Finance Minister,even after 2019 in the Modiji's new Cabinet."

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