Piyush Goyal replaces Suresh P. Prabhu as Railways Minister

Piyush Goyal has replaced Suresh Prabhakar Prabhu as the Minister of Railways. Goyal was the MoS (I/C) for Power, Coal, New & Renewable Energy and Mines in the Government of India. He will reportedly get to manage his power portfolio as well. He is currently a Member of Rajya Sabha and was earlier the National Treasurer of the Bharatiya Janata Party (BJP). He headed the BJP’s Information Communication Campaign Committee and oversaw the publicity and advertising campaign of the party including the social media outreach for the Indian General Elections 2014. He is an all-India second rank holder Chartered Accountant and second rank holder in Law in Mumbai University. He was a well-known investment banker and he has advised top corporates on management strategy and growth. He earlier served on the Board of India’s largest commercial bank, the State Bank of India and Bank of Baroda.