Scorecard of Ministries with the Most Churn the Cabinet Reshuffle Has Given New Heads to Think Through Some of the Old Problems Staring at Various Ministries

Scorecard of ministries with the most churn The Cabinet reshuffle has given new heads to think through some of the old problems staring at various ministries. Here is a snapshot of ministries that have witnessed the highest churn in UPA-II and their achievements as well as the challenges going ahead. This is at a time when the economy is passing through a tough phase and reforms are needed at a faster pace > CORPORATE AFFAIRS Salman Murli Deora Veerappa Moily Sachin Pilot ILLUSTRATIONS: BINAY SINHA Khurshid Jan ’11-July ’11 July ’11-Oct ’12 Oct ’12 onwards May ’09-Jan ’11 Achievements | Introduced annual business responsibility framework for implementing CSR. Already adopted by top 100 listed companies | Launched comprehensive interactive portal, MCA21, to facilitate filing and retrieval of information, as well as collation of data | Guidelines for CCI to look at mergers & acquisitions Challenges | Amendments to the Companies Bill, 2011; yet to be tabled in Parliament in revised form | Amendments to the Competition Act; yet to be tabled in Parliament in revised form | Competition Policy pending for Cabinet approval > RAILWAYS Mamata Dinesh Trivedi Mukul Roy CPJoshi Banerjee July ’11-Mar ’12 Mar ’12-Sep ’12 Additional charge May ’09-May ’11 Sep ’12-Oct ’12 Achievements | Increased focus of government on infrastructure projects. Gross budgetary support increased to ~25,000 cr | Making total logistics solution more effective — wagon leasing scheme/sidings/private freight terminals/ Pawan Kumar container train terminals Bansal Challenges Oct ’12 onwards | Addressing ballooning cross-subsidy of ~23,000 crore between passenger & freight charges. Effecting Rail Tariff Authority (expected to address the gap between input cost & amount charged to the customer) | Awarding long-pending contracts of mega-PPP projects— DFCC/locomotive factories in Madhepura & Marhowra > POWER Sushilkumar M Veerappa Moily Jyotiraditya Shinde Adl charge since Scindia May ’09-Aug ’12 Aug ’12 Oct ’12 onwards Achievements | Generation grew 8.1% per cent in 2011-12, compared to just 2.7 per cent in 2008-09 | Record capacity addition of 57,700 Mw | Debt restructuring of distribution companies initiated, with emphasis on annual revision of rates Challenges | Fuel supply concerns have created idle capacity | Land acquisition and environment clearances are concerns > PETROLEUM & NATURAL GAS Murli Deora Jaipal Reddy M Veerappa Moily May ’09-Jan ’11 Jan ’11-Oct ’12 Oct ’12 onwards Achievements | Decontrol of petrol pricing in June 2010 | Capping annual number of subsidised LPG cylinders to 6 Challenges | Keeping a check on the burgeoning subsidy burden | Getting on track RIL’s KG-D6 gas output, that has fallen to below 30 mscmd > FINANCE > CIVIL AVIATION Pranab Palaniappan Praful Patel Vayalar Ravi Mukherjee Chidambaram May ’09-Dec ’11 Jan ’11-Dec ’11 May ’09-Jul ’12 Jul ’12 onwards Achievements Achievements | Negative list for taxation of | 49% FDI in services introduced in 2012 aviation | QFIs allowed in MFs, equities; approved Rajiv Gandhi Equity Savings | Financial infusion Scheme for first-time investors of ~30,000 crore Ajit Singh Dec ’11 onwards | Cabinet nod for 49% FDI in in Air India (till Insurance, PFRDA Bill 2021) approved by Cabinet | Revival package for life | Doing away with ‘Right of first insurance sector refusal’ by Air India. Awarding bilaterals to private carriers Challenges (creating level field) | Log high-growth, check inflation | Allowing Indian carriers to | To provide clarity on GAAR, importATF directly retrospective amendments Challenges | To reduce subsidies | ATF becoming notified | Introduce Revised DTC Bill, commodity, bringing down sales revised constitution amendment tax on it from 24% to 4% Bill for GST in Parliament | Regional connectivity — | Introduce (revised) Banking Law Formulating policy on aircraft Amendment Bill acquisition/low cost terminals.

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