1 / 1

Cabinet Reshuffle Likely To Push Jaitley Out Of Finance

Prime Minister Narendra Modi may look to press the reset button on his leadership this spring to reinvigorate stalled economic reforms and appease critics, eyeing a mix of tried and tested allies and fresh blood, senior government sources said.

renitasaint
Download Presentation

Cabinet Reshuffle Likely To Push Jaitley Out Of Finance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Cabinet Reshuffle Likely To Push Jaitley Out Of Finance Prime Minister Narendra Modi may look to press the reset button on his leadership this spring to reinvigorate stalled economic reforms and appease critics, eyeing a mix of tried and tested allies and fresh blood, senior government sources said. The Budget 2016 government has overseen rapid economic growth, but failed on tax and land reforms, and the euphoria that met Modi's 2014 election triumph has given way to investor disillusionment; stocks have erased all of their gains since he won power. The ruling Bharatiya Janata Party (BJP) faces a crucial election test in the most populous state of Uttar Pradesh in 2017 that it probably needs to win if it wants to hold on to power nationally in 2019. “Modi needs to identify new talent and bring changes in his government. It will be too late if he fails to do it now,” said veteran newspaper editor and commentator Shekhar Gupta. With an eye on Uttar Pradesh, Modi looks set to keep Amit Shah on as BJP president, sources said, extending his closest aide and election campaign manager's tenure by three years when it expires at the weekend. However, Finance Minister Arun Jaitley, responsible for delivering the Modi message to international investors, may move to defence after he delivers his annual Budget in late February, sources said.

More Related