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Suresh Prabhu Quits as Railway Minister, Piyush Goyal May Take Over

Suresh Prabhu Quits as Railway Minister, Piyush Goyal May Take Over

Suresh Prabhu stepped down as the Railways Minister today. After the Rashtrapati Bhavan ceremony got over, Mr Prabhu tweeted that he was stepping down as railway minister.

Goyal has been given charge of the railway ministry to take forward reforms initiated by Suresh Prabhu towards corporatization of railways, monetization of the transporter's assets and boosting non-fare revenue to deliver tangible outcomes, analysts said.

Piyush will also head the Coal portfolio whereas Arun Jaitley will retain the Finance Ministry. The chorus for Prabhu's resignation grew after the derailment of the second train, according to an Indian Express report. Prabhu had himself removed many senior officials fixing direct responsibility for the increasing mishaps.

48-year-old Pradhan, who has emerged as the partys most prominent face in Odisha, is also praised in the government circles for having made the Give It Up plan, on people giving up subsidised cooking gas voluntarily, a success.

Prabhu took to Twitter to make the announcement.

"Thanks to all 13 Lacs plus rail family for their support, love, goodwill". I will always cherish these memories with me.

While Mr Goyal, minister of state (independent charge) for power, was elevated to Cabinet rank and given charge of the crucial railway ministry too, Dharmendra Pradhan was elevated from MoS (independent charge) to Cabinet minister in charge of petroleum.

Sitharamans stunning elevation from commerce ministry to Defence grabbed the lions share of attraction in the latest round of reshuffle.

"The party and the Prime Minister have been very supportive".

Goyal, a Chartered Accountant by profession, has been articulate in defending the Narendra Modi government specially after the demonetisation decision.

He did take some measures like decentralisation of tendering powers to check corruption, formation of non-fare revenue directorate, planning high speed and semi high-speed trains, dynamic fare pricing, merger of railway budget with general budget and formation of an independent tariff authority to take call on fare hike among others. In addition to sports, he also held Water Resources, River Development and Ganga Rejuvenation.


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