Murli Deora Takes Charge as Corporate Affairs Minister

New Delhi
Murli Deora Takes Charge as Corporate Affairs Minister
Senior Congress leader and former Petroleum Minister Murli Deora took charge of the Corporate Affairs Ministry today.

Deora replaced Salman Khurshid, who now holds charge of the Water Resources Ministry and retains the additional charge of the Minority Affairs Ministry.

Khurshid handed over the charge to Deora in the presence of the Corporate Affairs Ministry's Secretary R Bandyopadhyay and other senior officers here.

Although Deora declined comments after taking the charge, the 74-year-old veteran maintained that he was familiar with the new portfolio.

"I'm a businessman, an industrialist. I know what is Corporate Affairs...Thoda gyaan hai, baki lelenge (I have some knowledge about Corporate Affairs, rest I will acquire)," Deora had told reporters yesterday after the Cabinet reshuffle.

He also said his priority would be to ensure enactment of the new company law in the forthcoming Budget session.

"I am very sure to get the new Companies Bill through in Parliament in the Budget session," Deora has said.

A Rajya Sabha member, Deora is an industrialist and social worker-turned-politician. He began his political career from the Bombay Municipal Corporation way back in 1968 when he was elected corporator. Later, in 1977, Deora was elected mayor of Mumbai.

He was elected to the Rajya Sabha in 2004 and was inducted in the Union Cabinet as Petroleum Minister in January 2006.
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