New industrial policy in next few weeks: Suresh Prabhu

When will Indian economy hit whopping $5 tn mark and beat China? Check out big revelation

When will Indian economy hit whopping $5 tn mark and beat China? Check out big revelation

The announcement came on the heels of Telugu Desam Party (TDP) Minister Pusapati Ashok Gajapathi Raju sending his resignation from the Union Cabinet post.

Y.S. Chowdary was the Union Minister of State for Science, Technology & Earth Sciences and Raju was the Civil Aviation Minister in Prime Minister Narendra Modi's Cabinet. MPs Ashok Gajapati Raju and YS Chowdary resigned from the Narendra Modi Cabinet. The TDP, however, has not quit the NDA entirely.

Commerce and Industry Minister Suresh Prabhu today termed the United States administrations decision to hike tariff on certain steel and aluminium products as an "unfortunate development". In the cabinet reshuffle a year ago, he was accorded the charge of Commerce and Industry, whereas, Railways was assigned to Piyush Goyal.


Today, the Rashtrapati Bhavan confirmed that Prabhu has been given the additional charge of the aviation portfolio. Following a number of high-profile accidents on the Indian Railways, Prabhu's ministry took over by Piyush Goyal during the Cabinet reshuffle. The ministers handed over the resignation letters to the prime minister.

The communique suggested that Prabhu's appointment as Civil Aviation Minister was not interim. Meanwhile suddenly, after Arun Jaitley reiterating that special status can not be given to Andhra Pradesh, the two NDA alliance partners have confronted to the extent where the equation can not be repaired anytime soon. Suresh Prabhu's main concern as Civil Aviation Minister will be disinvestment of national carrier Air India.

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