The Pros and Cons of Replacing the Finance Minister in the BJP Government

The Pros and Cons of Replacing the Finance Minister in the BJP Government

India is a country where the appointment of ministers is at the discretion of the Prime Minister. Currently, the Finance Minister is performing well, but potential changes are always a topic of discussion and speculation, especially when ministers like Jatley and Sushma cannot contest due to ill health. This article evaluates the suitability of Piyush Goyal, Jayant Sinha, and Dr. Subramanian Swamy to replace the current Finance Minister in the BJP government.

Piyush Goyal: The Chartered Accountant with Gold Medal

Piyush Goyal, a Chartered Accountant with a gold medal from the GL Sinha College in Kolkata, has held the additional charge of the Finance Ministry when the current Finance Minister was away for medical treatment. He is highly accomplished and familiar with the duties and responsibilities of the Finance Minister. His recent experience presenting the last vote on account of the union budget makes him a likely choice for the position.

Why Change? The Case of Nirmala Sitharaman

Nirmala Sitharaman, a graduate from the London School of Economics and JNU, has been performing an excellent job as the current Minister of State for Defence in the Cabinet. Her strong credentials and successful tenure make the discussion of replacing her less likely. However, if a change is necessary, the focus often shifts to Chartered Accountants due to their expertise in financial management.

Who Should Replace the Finance Minister?

Several names have been floated as potential successors to the Finance Minister's role. These include:

Dr. Subramanian Swamy: Known for his economic expertise and reputation, Dr. Swamy could bring significant strength to the position. Jayant Sinha: A former Finance Minister, he has experience that could be valuable in another term. Amit Shah: While primarily known for his role as the President of the BJP, his expected induction into a cabinet position could bring him into a crucial ministry role. Sheshadri Chari and Govindacharya: Old hands in the RSS, they have a proven track record in Swadeshi economic policies.

Ultimately, the decision to appoint a Finance Minister lies with Prime Minister Narendra Modi, who often opts for a trusted individual to handle such an important role.

Conclusion

The choice of the next Finance Minister in the BJP government is influenced by several factors, including experience, reputation, and personal trust. While Piyush Goyal seems a strong candidate due to his recent experience and established credentials, other names like Jayant Sinha, Dr. Subramanian Swamy, and Amit Shah also offer compelling alternatives. The decision remains with the Prime Minister, who weighs the pros and cons of each candidate to ensure the best leadership for India's financial affairs.