Piyush Goyal becomes new Railway Minister; Arun Jailtey to retain Defence, Finance

Nirmala

In his tweets, he congratulated the new ministers as well as those who had been elevated.

Stating that the country is now energy surplus and that the vision of the Ministries has been defined by his predecessor, Singhassured Goyal that the good work started by him will be completed and the Prime Minister's vision will be realised.

Piyush Goyal, who on Monday took office as Railway Minister, said that huge investments made in the railways in last three years will definitely lead to the development.

Recalling his first days as the Power minister, Goyal said initially he had little knowledge of the sector and didn't know the "P of Power".

Goyal has been given charge of the railway ministry to take forward reforms initiated by Suresh Prabhu towards corporatization of railways, monetization of the transporter's assets and boosting non-fare revenue to deliver tangible outcomes, analysts said.

Goyal would get the help of Lohani, an Indian Railway Service officer who knows the Railways inside-outside, in setting the agenda for Railways.

He also described Prabhu as his elder brother and said that it is an emotional moment for him as "Prabhu is my mentor". Goyal will continue to head the Coal Ministry along with Railways.

"I am confident that he would contribute to the development of the nation", he said.

Prabhu had offered to quit on August 23 after back-to-back train derailments.

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