P Chidambaram new Finance Minister of India

P Chidambaram new Finance Minister of India. In a reshuffle of portfolios, the Union cabinet on Tuesday brought back P Chidambaram as finance minister while Sushil Kumar Shinde has been handed over the home ministry.

Meanwhile, minister for corporate affairs M Veerappa Moily has been assigned the additional charge of the power ministry.

The reshuffle of portfolios has been necessitated by the exit of Pranab Mukherjee, who held the portfolio of finance ministry before getting elected as the President.

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