Very few would argue that Arun Jaitley was no.2 in Narendra Modi government, and unarguably one of the top five ministers in the cabinet, who for a long time held two important portfolios simultaneously – finance and defence. After winning a massive mandate now, PM Modi will have to find a replacement for Jaitley that can boost the slowing down of the economy. But the million dollar question is- who is going to be PM Modi's finance minister?
I have today written a letter to the Hon’ble Prime Minister, a copy of which I am releasing: pic.twitter.com/8GyVNDcpU7— Arun Jaitley (@arunjaitley) May 29, 2019
A Gujarati brain to put the economy back on track?The biggest challenge the next finance minister will have to face is to turn around the economy. Regardless of the fact that Modi praised Arun Jaitley in public at various occasions the state of the economy is in doldrums. Early signs have indicated a weak monsoon may hamper PM Modi’s efforts to double the farmer’s income by 2022. Also, the NDA government was not able to keep its promise of increasing the share of manufacturing in the country’s GDP to 25% in its first tenure. In the midst of all these challenges, a name that is strongly being speculated inside the party circles that Amit Shah might be considered for the finance portfolio. A Gujarati brain Shah has already proved the strategic might of his brain in organisational consolidation, it is being said the Gujarati is a much-needed brain to put the economy back on the fast track.
Some also argue that he does not have experience of finance, but then, did Arun Jaitley have? Did P. Chidambaram have? Both were lawyersShah has ministerial experience as well, as he has handled around a dozen portfolios, including minister of state for home affairs and parliamentary affairs when PM Modi was chief minister of Gujarat. Some also argue that he does not have experience of finance, but then, did Arun Jaitley have? Did P. Chidambaram have? Both were lawyers.