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.