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India names new finance minister in reshuffle

 
Published on Jul 31, 2012
9:35 PM
Indian Home Minister P. Chidambaram gestures during the inaugration of an automated parking place in New Delhi on June 12, 2012. Mr Chidambaram was switched to the finance portfolio on Tuesday, the prime minister's office said, in a reshuffle that will see him charged with re-firing the country's spluttering economy. -- PHOTO: AFP

NEW DELHI (AFP) - India's Home Minister P. Chidambaram was switched to the finance portfolio on Tuesday, the prime minister's office said, in a reshuffle that will see him charged with re-firing the country's spluttering economy.

"There has been a small reallocation of portfolios... Chidambaram has been appointed finance minister," a senior official in the premier's office, Mr Sharat Chandra, told AFP.

In other moves, under-fire Power Minister Sushilkumar Shinde was promoted to the home ministry on a day when India suffered an unprecedented power cut that left half the country without electricity.

There was no place in the cabinet for political pin-up Rahul Gandhi, scion of the Nehru-Gandhi dynasty, who had recently indicated he was ready to play a bigger role in politics.

 
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