Piyush Goyal gets Railways, Prabhu shifted to Commerce and Industry

Suresh Prabhu

Suresh Prabhu

Suresh Prabhu, who lost his Railway portfolio, has been shifted within the Cabinet to the Commerce and Industry Ministry, earlier held by Sitharaman.

Mr Prabhu also congratulated the new ministers and said, "Congrats to all members of #TeamModi for new responsibility.Making our conuntry better is our common mission.#NewIndia #cabinetreshuffle".

On the other hand, Goyal's stint as the power and coal minister has been a fruitful one, bringing in a sea change in the critical power sector.

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.

The 53-year-old former investment banker, Goyal is entering the Rail Bhavan located near Parliament with an experience of overseeing an "allegation-free" auctions of coal blocks as Coal Minister in the Narendra Modi government.

Speaking to media after assuming his office, Singh said that there is lot of dynamism in both the Power & Renewable Energy Ministries which will be continued.

Pradhan was given the additional charge of Skill Development Ministry.

"Goyalji is like my younger brother and now he will take over as new Railway Minister".

Prabhu had offered to quit on August 23 after back-to-back train derailments.

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