Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Read full list of Team Narendra Modi

May 27 2014, 15:07 IST
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Prime Minister Narendra Modi and Council of Ministers after the swearing-in ceremony at Rashtrapati Bhavan in New Delhi. (PTI) Prime Minister Narendra Modi and Council of Ministers after the swearing-in ceremony at Rashtrapati Bhavan in New Delhi. (PTI)
SummaryPM Narendra Modi preferred to play safe in his first foray...

AFTER a campaign that revolved completely around him and a historic victory that had his name written all over it, Prime Minister Narendra Modi preferred to play safe in his first foray into Cabinet formation. Following the time-tested pattern of seniority and proportional representation to the extent possible, he showed a clear inclination to accommodate the party’s suggestions and priorities, and avoided any radical ruptures from precedent. Here's a list of the 23 Cabinet Ministers in the Narendra Modi administration:

* Narendra Modi, Prime Minister, 63

* Rajnath Singh, 62

Portfolio: Home Minister


This election: The BJP president won from Lucknow by 2.72 lakh votes, the highest ever margin

Journey to cabinet: He became BJP president for the first time in 2005. Having won from Ghaziabad in 2009, Rajnath shifted to Lucknow this time replacing sitting MP Lalji Tandon.

Previous ministerial record: UP education minister in 1991-92 (noted for an anti-copying law, rewriting of history textbooks and introduction of Vedic maths into the syllabus), UP CM in 2000-02, union minister for surface transport in 1999, agriculture minister in 2003.

* Arun Jaitley, 61

Portfolios: Finance, Corporate Affairs and Defence


This election: The Rajya Sabha MP was among the only BJP titans to lose, defeated in Amritsar by over 1 lakh votes

Journey to cabinet: A senior Supreme Court lawyer, Jaitley was additional solicitor general, Government of India, in 1989-90. He has been a Rajya Sabha member since 2000. The 2014 Lok Sabha polls was the first time he contested a direct election.

Previous ministerial record: Held several portfolios in the Vajpayee government of 1999, including MoS (I-C) of I&B and Dept of Disinvestment, and minister for law, company affairs.


* Nitin Gadkari, 57

Portfolios: Transport, Highways and Shipping


This election: Fought and won his first ever direct polls, from Nagpur, by more than 2.8 lakh votes

Journey to cabinet: Has strong RSS backing and is considered a politician with an urban base. Throughout his stint in Maharashtra politics, he was an MLC (1989-2008).

Previous ministerial record: Became Maharashtra PWD minister in 1995, in the Shiv Sena-BJP government. The Mumbai-Pune Expressway and 55 flyovers in Mumbai came up under him.

* Sushma Swaraj, 62

Portfolios: External Affairs and Overseas


This election: Won from Vidisha, by 4.10 lakh votes

Journey to cabinet: Began her political career from the Haryana assembly with wins in 1977, 1987. She was elected to the Rajya

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