PM retains finance portfolio, takes stock of Economy

After Mr. Pranab Mukherjee resigned from Finance Minister Prime Minister Manmohan Singh has taken over finance ministry under his fold. The move is significant as Indian economy is struggling on various fronts and policy action is needed for restoring investor confidence. Some of the big ticket reform he may undertake are in Power, Infrastructure, Oil & Gas and Financial sectors.

He has to tackle issues such as long pending Legislative reforms such as GST, FDI in key sectors such as Insuarnce and at the same time needs to check the drastic fall in Indian Rupee.