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Arun Jaitley

About Arun Jaitley

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Who is Arun Jaitley

A senior member of the Bharatiya Janata Party (BJP), Arun Jaitley was the Union finance minister through the Narendra Modi-led Bharatiya Janata Party (BJP) government’s first term in power at the Centre. Besides finance, Jaitley previously held the defence, corporate affairs, commerce & industry and law & justice Cabinet portfolios in the Atal Bihari Vajpayee and Narendra Modi governments. Jaitley, who has been indisposed for some time, was not able to present the Union Budget for 2018-19 and the 2019-20 Interim Budget due to his poor health. He also did not contest the Lok Sabha Elections in 2019. Arun Jaitley breathed his last on August 24, 2019.
 
With Jaitley as the finance minister, the Modi government was able to take several key economic initiatives like demonetisation and the implementation of the Goods and Services Tax (GST). In Jaitley's stewardship, the Modi government merged the railway budget with the general Budget. Moreover, the decision to advance the date of the general budget to February 1 was also taken with Jaitley as the finance minister. GST went under several tax-slab revisions and Jaitley manoeuvred them efficiently. He also introduced Insolvency and Bankruptcy Code to resolve the issues with companies that were turning insolvent. IBC has played a key role in the corporate sector in recent times. 
 
In the 2014 Lok Sabha elections, Arun Jaitley had unsuccessfully contested from Amritsar constituency, losing to the Congress party's Amarinder Singh.
 
Jaitley had contributed in a major way to the BJP and the government for over two decades. He was one of the most important strategists for the party. Much before BJP president Amit Shah emerged on the national scene, Jaitley was seen as a key player in preparing the party's strategies for the Lok Sabha and the Assembly elections. He was in charge of states such as Gujarat since 2002, besides Madhya Pradesh, Bihar, Karnataka, Punjab, Himachal Pradesh, Goa, Maharashtra, Jammu and Kashmir, Delhi, Assam and West Bengal.

Latest Updates on Arun Jaitley

Achrya later resigned six months ahead of his three-year tenure for 'personal reasons', said the book titled 'We Also Make Policy: An Insider's Account of How the Finance Ministry Functions'

Updated On: 02 Oct 2023 | 8:08 PM IST

In his early days, PM Modi had said that the government would get out of most sectors, a vision which was given credence through the new policy of 'strategic sectors' announced by Sitharaman in 2020

Updated On: 06 Jun 2023 | 3:13 PM IST

The Congress on Sunday attacked the govt over the appointment of retired Supreme Court judge S Abdul Nazeer as a governor by citing the late BJP leader Arun Jaitley's remarks against such appointments

Updated On: 12 Feb 2023 | 8:20 PM IST

Delhi Traffic Police shared a list of diversions, parking, and transport facilities on Twitter

Updated On: 10 Oct 2022 | 11:31 PM IST

Among other things, making the direct tax regime less confusing and bringing in expenditure reform are crucial challenges for the central government

Updated On: 10 Aug 2022 | 10:18 AM IST

Applying the intellectual framework of anthropology could help a person see around corners, gain empathy for others, and derive fresh insights on problems

Updated On: 13 Jul 2022 | 2:14 AM IST

Speaking on social issues, PM said child stunting remained a major concern and India needed to address this on priority

Updated On: 09 Jul 2022 | 2:29 AM IST

The event will see a panel discussion involving OECD Secretary-General Mathias Cormann and Arvind Panagariya, a professor at the Columbia University

Updated On: 07 Jul 2022 | 2:24 PM IST

The new framework is expected to be out by the end of this calendar year

Updated On: 06 Jul 2022 | 6:05 AM IST

Annual lectures will be on economic issues affecting India and the global economy

Updated On: 12 Jul 2022 | 4:15 PM IST

The Arun Jaitley Memorial Lecture, part of the Kautilya Economic, will be held on July 8 at Vigyan Bhawan

Updated On: 04 Jul 2022 | 12:10 AM IST

Touted as India's offshore alternative to Singapore and Hong Kong, the IFSC, located in GIFT City, which is about a tenth of the size of Vatican City, offers many incentives to Indian businesses

Updated On: 31 Aug 2021 | 9:57 PM IST

The two entities will jointly explore use cases of emerging technologies in finance and related areas, across central and state ministries and PSUs

Updated On: 01 Jul 2021 | 6:32 PM IST

Book review of A New India: Selected Writings 2014-19

Updated On: 06 Jan 2021 | 3:17 AM IST

DDCA on Monday unveiled the statue of its former president Arun Jaitley at its premises in the memory of the late administrator and political figure

Updated On: 28 Dec 2020 | 3:59 PM IST

Prime Minister Modi paid tributes to his former cabinet colleague and late BJP leader Arun Jaitley on his birth anniversary, and said his warm personality, intellect, legal acumen and wit are missed

Updated On: 28 Dec 2020 | 10:52 AM IST

In a country where debate is gasping for breath, let's thank the former cricket captain for starting one

Updated On: 02 Sep 2021 | 4:42 PM IST

Lambasting the DDCA for deciding to install a statue of Jaitley at the Kotla ground, Bishan Singh Bedi has asked the body to remove his name from the spectators' stand, named after him in 2017

Updated On: 24 Dec 2020 | 3:04 AM IST

Centre's proposals on settling states' demand for GST compensation can throw up new challenges

Updated On: 09 Sep 2020 | 12:14 AM IST

With Jaitley as the finance minister, the Modi government was able to take several key economic initiatives like demonetisation and the implementation of the GST

Updated On: 25 Aug 2020 | 8:30 AM IST