Arun Jaitley

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Arun Jaitley
MP

Arun Jaitley

Minister of Finance

Incumbent


Assumed office
23 August 2018
Prime Minister
Narendra Modi
Preceded by
Piyush Goyal

In office
26 May 2014 – 14 May 2018
Prime Minister
Narendra Modi
Preceded by
P. Chidambaram
Succeeded by
Piyush Goyal
Minister of Corporate Affairs

Incumbent


Assumed office
23 August 2018
Prime Minister
Narendra Modi
Preceded by
Piyush Goyal

In office
26 May 2014 – 14 May 2018
Preceded by
Sachin Pilot
Succeeded by
Piyush Goyal
Minister of Defence

In office
13 March 2017 – 3 September 2017
Prime Minister
Narendra Modi
Preceded by
Manohar Parrikar
Succeeded by
Nirmala Sitharaman

In office
26 May 2014 – 9 November 2014
Prime Minister
Narendra Modi
Preceded by
A. K. Antony
Succeeded by
Manohar Parrikar
Minister of Information and Broadcasting

In office
9 November 2014 – 5 July 2016
Prime Minister
Narendra Modi
Preceded by
Prakash Javadekar
Succeeded by
Venkaiah Naidu
Leader of the Opposition, Rajya Sabha

In office
3 June 2009 – 26 May 2014
Preceded by
Jaswant Singh
Succeeded by
Ghulam Nabi Azad

In office
7 November 2000 – 1 July 2002
Prime Minister
Atal Bihari Vajpayee
Preceded by
Ram Jethmalani
Succeeded by
Jana Krishnamurthi
Leader of the House, Rajya Sabha

Incumbent


Assumed office
26 May 2014
Preceded by
Manmohan Singh
Minister of Law and Justice

In office
29 July 2003 – 22 May 2004
Prime Minister
Atal Bihari Vajpayee
Preceded by
Jana Krishnamurthi
Succeeded by
H. R. Bhardwaj
Minister of State for Information and Broadcasting

In office
13 October 1999 – 30 September 2000
Prime Minister
Atal Bihari Vajpayee
Preceded by
Jaipal Reddy
Succeeded by
Sushma Swaraj
Constituency
Uttar Pradesh

Member of Parliament, Rajya Sabha

Incumbent


Assumed office
3 April 2018
Preceded by
Naresh Agrawal

In office
3 April 2000 – 2 April 2018
Succeeded by
Naranbhai Rathwa
Constituency
Gujarat

Personal details
Born
Arun Maharaj Kishen Jaitley
(1952-12-28) 28 December 1952 (age 65)
New Delhi, India
Political party
Lotus BJPBharatiya Janata Party
Spouse(s)
Sangeeta Jaitley (m. 1982)

Children

Sonali Jaitley Bakhshi(27 June 1983)


Rohan Jaitley(31 January 1989)
Residence
New Delhi, India
Alma mater
St. Xavier's School, New Delhi
Shri Ram College of Commerce, New Delhi (B.Com)
University of Delhi (L.L.B.)
Occupation
Lawyer, Politician
Website
Official website

Arun Jaitley (born 28 December 1952) is an Indian politician and legal advocate, who is a Minister of Finance and Corporate Affairs under Prime Minister Narendra Modi. A member of the Bharatiya Janata Party, Jaitley previously held the cabinet portfolios of Finance, Corporate Affairs, Commerce and Industry and Law and Justice in the Vajpayee government (1998–2004) and served as the Minister of Defence in the Narendra Modi government as additional charge. From 2009 to 2014 he served as the Leader of the Opposition in the Rajya Sabha.[1][2] He is a Senior Advocate of the Supreme Court of India.[3][4][5]




Contents





  • 1 Early life


  • 2 Legal career


  • 3 Political career

    • 3.1 Vajpayee Government


    • 3.2 2004-2014


    • 3.3 Modi Government



  • 4 Personal life


  • 5 References


  • 6 External links




Early life


Arun Jaitley studied at St. Xavier's School, Delhi from 1957–69.[6] He graduated with a honours degree in commerce, BCom from Shri Ram College of Commerce, New Delhi in 1973. He passed his LLB degree from the Faculty of Law, University of Delhi, in 1977.[7][8][9]


Jaitley was an Akhil Bharatiya Vidyarthi Parishad (ABVP) student leader at the Delhi University Campus in the seventies and rose to be the President of the Students Union of Delhi University in 1974. During the period of proclamation of Internal Emergency (1975–77) when fundamental rights were suspended, he was under preventive detention for a period of 19 months.[10] He was a prominent leader of a movement against corruption launched in the year 1973 by Raj Narain and Jayaprakash Narayan. He was the Convenor of the National Committee for Students and Youth organization appointed by Jai Prakash Narayan.[11] He was also active in civil rights movement and helped found PUCL Bulletin along with Satish Jha and Smitu Kothari.[8][12] After being released from jail he joined the Jan Sangh.


In 1977, being the convener of the Loktantric Yuva Morcha at a time when the Congress suffered defeat, Jaitley was appointed the president of the Delhi ABVP and All India Secretary of the ABVP. He was then made the president of the youth wing of the BJP and the secretary of the Delhi Unit in 1980, a short time after joining the party.[13]



Legal career




Jaitley with Former Supreme Court Judge K.S. Panicker Radhakrishnan at the Gujarat National Law University.


Jaitley has been practicing law before the Supreme Court of India and several High Courts in the country since 1987.[1] In January 1990, Delhi High Court designated him as a Senior Advocate.[2][14] He was appointed Additional Solicitor General by the V. P. Singh government in 1989 and did the paperwork for the investigations into the Bofors scandal.[12][13] His clients cover the political spectrum from Sharad Yadav of the Janata Dal to Madhavrao Scindia of the Indian National Congress to L. K. Advani of the Bharatiya Janata Party (BJP). He has authored several publications on legal and current affairs. He has presented a paper on law relating to corruption and crime in India before the Indo-British Legal Forum. He was a delegate on behalf of the Government of India to the United Nations General Assembly Session in June 1998 where the Declaration on Laws Relating to Drugs and Money Laundering was approved.[2]


Jaitley has also appeared on behalf of giant multinational corporations such as PepsiCo against Coca-Cola and in various other cases in India.[15][16] After having been the Minister of Law, Justice and Company Affairs, Jaitley represented Pepsi in 2002 in a case where the Supreme Court of India admonished and imposed stiff fines on 8 companies for painting advertisements on ecologically fragile rocks along the Manali-Rohtang road in the Himalayas. "The companies were also issued show-cause notices as to why exemplary damages should not be imposed on them for indulging in environmental vandalism."[17] In 2004, Jaitley appeared on behalf of Coca-Cola in a Rajasthan High Court case.[18]


He has stopped practising law since June 2009.[19]



Political career


Jaitley has been a member of the national executive of Bharatiya Janata Party since 1991.[20] He became the spokesperson of the BJP during the period preceding the 1999 general election.



Vajpayee Government


In 1999, after the Vajpayee Government of the BJP led National Democratic Alliance came to power, he was appointed Minister of State for Information and Broadcasting (Independent Charge) on 13 October 1999. He was also appointed Minister of State for Disinvestment (Independent Charge), a new ministry created for the first time to give effect to the policy of disinvestments under the World Trade Organisation regime. He took over the additional charge of the Ministry of Law, Justice and Company Affairs on 23 July 2000 following the resignation of Ram Jethmalani as the Union Cabinet Minister of Law, Justice and Company Affairs.


He was elevated to a Cabinet Minister in November 2000 and was made simultaneously the Minister of Law, Justice and Company Affairs and Shipping. He was the first Minister of Shipping following the bifurcation of the Ministry of Surface Transport. He demitted the office of the Minister for Shipping with effect from 1 September 2001 and as Union Minister of Law, Justice and Company Affairs on 1 July 2002 to join as a General Secretary of the BJP and its national spokesman.[1] He worked in this capacity till January 2003. He rejoined the Union Cabinet as the Minister of Commerce & Industry and Law & Justice on 29 January 2003.[13] With the defeat of the National Democratic Alliance in May 2004, Jaitley returned to serving the BJP as a general secretary, and back to his legal career.



2004-2014


He was chosen as the Leader of the Opposition in the Rajya Sabha on 3 June 2009 by L.K. Advani. On 16 June 2009 he resigned from the post of General Secretary of BJP as per his party's One Man One Post principle. He is also a member of the Central Election Committee of the party.[21] In his capacity as the leader of opposition in Rajya Sabha, he played a vital role during the talks of the Women Reservation Bill in the Rajya Sabha and also supported Anna Hazare for the Jan Lokpal Bill.[13] He successfully introduced the eighty-fourth amendment to the Constitution of India in 2002 freezing parliamentary seats until 2026[22] and the ninety-first amendment to the Constitution of India in 2004 penalising defections.[23] However, being in the party since 1980 he never contested any direct election until 2014. He was the BJP candidate for the Amritsar seat in the Lok Sabha (replacing Navjot Singh Sidhu) for the 2014 general election, but lost to the Indian National Congress candidate Amarinder Singh. He was a Rajya Sabha member from Gujarat. He was re-elected to Rajya Sabha from Uttar Pradesh in March 2018.[24]


on August 26, 2012 he said (outside Parliament) "There are occasions when obstruction in Parliament brings greater benefits to the country." This statement is considered to have given legitimacy to obstruction of parliament in the contemporary politics in India. After forming government in 2014 BJP government has also faced disruptions and obstructions in parliament multiple number of times and opposition keeps on referring to his aforesaid statement. While his contribution to parliamentary discussion is exemplary but his support of obstruction as a legitimate floor strategy undoes his positive contribution to the Indian Parliamentary Democracy.[25][26]



Modi Government


On 26 May 2014, Jaitley was selected by newly elected Prime Minister Narendra Modi to be the Minister of Finance (which includes the Ministry of Corporate Affairs and Minister of Defence in his cabinet.[27][28] Analysts cited Jaitley's "part-time" focus on defence as a simple continuation of the policies of the previous government.[29] According to a WikiLeaks cable by Robert Blake, the Charge at the US Embassy, to his government, when pressed on the question of Hindutva, Jaitley had argued that Hindu nationalism "will always be a talking point" for the BJP and characterised this as an opportunistic issue.[30] Jaitely later clarified that "the use of the word opportunistic in reference to nationalism or Hindu nationalism is neither my view nor my language. It could be the diplomat's own usage."[31]


During Bihar Legislative Assembly election, 2015, Arun Jaitley agreed with Prime Minister Narendra Modi's assertions that the idea of reservations on the basis of religion is fraught with danger and was against giving reservation to Muslim Dalits and Christian Dalits as it might impact demography.[32][33] He also serves as a member to the Board of Governors of Asian Development Bank.[34]


In November 2015, Jaitley said that Personal laws governing marriages and divorces should be subject to fundamental rights, as the Constitutionally-guaranteed rights are supreme.[35] He announced the Income declaration scheme, 2016 in September 2016.[36]


During his tenure as the Finance Minister of India, the government demonetised the ₹500 and ₹1000 banknotes of the Mahatma Gandhi Series, with the stated intention of curbing corruption, black money, fake currency and terrorism from 9 November 2016.[37]


June 20, 2017, he reaffirmed that the GST rollout is well and truly on track.[38]


Out Leadership recommended Arun Jaitley as one of the expert and openly advocating leaders on LGBT+ issues.[39]



Personal life


Arun Jaitley married Sangeeta, daughter of former Jammu and Kashmir finance minister Girdhari Lal Dogra, in 1982. They have two children, Rohan and Sonali.[40][1][41] Both his children are lawyers. He has two siblings.[42]


On Monday, May 14, 2018, Arun Jaitley who had been suffering from kidney complications, was operated upon for kidney transplant at the All India Institutes of Medical Sciences (AIIMS).[43]



References




  1. ^ abcd "PIB Press Releases". Pib.nic.in. Retrieved 25 October 2012..mw-parser-output cite.citationfont-style:inherit.mw-parser-output qquotes:"""""""'""'".mw-parser-output code.cs1-codecolor:inherit;background:inherit;border:inherit;padding:inherit.mw-parser-output .cs1-lock-free abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .cs1-lock-subscription abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registrationcolor:#555.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration spanborder-bottom:1px dotted;cursor:help.mw-parser-output .cs1-hidden-errordisplay:none;font-size:100%.mw-parser-output .cs1-visible-errorfont-size:100%.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-formatfont-size:95%.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-leftpadding-left:0.2em.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-rightpadding-right:0.2em


  2. ^ abc "Hall of Fame – Top 50" (PDF). J. Sagar Associates. Archived from the original (PDF) on 2 December 2012. Retrieved 5 May 2013.


  3. ^ Khandelwal, Avani (10 July 2014). "Who is Arun Jaitley: The rise of India's newest finance minister". Daily News and Analysis. Retrieved 3 February 2016.


  4. ^ Arun Jaitley is no 'outsider' to Amritsar – Niticentral


  5. ^ "Arun Jaitley, the eyes and ears of Modi". The Indian Express. 26 May 2014. Retrieved 3 February 2016.


  6. ^ "My memorable School days at St. Xaviers". Arun Jaitley. Archived from the original on 12 February 2013. Retrieved 17 February 2013.


  7. ^ "Member Profile: Arun Jeitley". Rajya Sabha. Retrieved 17 February 2013.


  8. ^ ab "Shri Arun Jaitley, Honb'le Minister of Law, Justice and Company Affairs, Shipping, Bharatiya Janata Party". Press Information Bureau, Government of India. 1999. Archived from the original on 24 July 2009. Retrieved 24 October 2008.


  9. ^ "Cabinet reshuffle: Modi government's got talent but is it being fully utilised?", The Economic Times, 10 July 2016


  10. ^ "Cometh The Hour..." Outlook. Retrieved 3 June 2014.


  11. ^ Singh, Justice Manmohan. "Mr. Arun Jaitley vs Network Solutions Private Limited". Delhi High Court. Retrieved 6 May 2013.


  12. ^ ab "Sorry". The Indian Express. Retrieved 25 October 2012.


  13. ^ abcd Khandelwal, Avani (10 July 2014). "Who is Arun Jaitley: The rise of India's newest finance minister". Daily News and Analysis. Retrieved 6 September 2014.


  14. ^ "List of Senior Advocates designated by Delhi High Court upto August, 2014" (PDF). Delhi High Court. Retrieved 6 September 2014.


  15. ^ "Cola war now goes to court,".


  16. ^ "SC stays contempt proceedings against Coke, Pepsi,". The Economic Times.


  17. ^ "SC imposes Rs 1 cr cost on firms for defacing rocks". The Times of India.


  18. ^ "Court blow to cola giants". The Telegraph1. Calcutta. 5 November 2004.


  19. ^ "Arun Jaitley recuses himself from decisions on Vodafone tax case". Business Today. PTI. 19 June 2014. Retrieved 6 September 2014.


  20. ^ "Rajya Sabha Members Homepage – Arun Jaitley". Rajya Sabha. Retrieved 5 May 2013.


  21. ^ "Central Election Committee". BJP. Retrieved 6 May 2013.


  22. ^ Arun Jaitley introduced the 84th Amendment to freeze parliamentary seats until 2026


  23. ^ Arun Jaitley introduced the 91st Amendment to penalise defections(pdf)


  24. ^ "RS polls: BJP trumps opposition, makes it nine out of ten seats in UP", The Times of India, 24 March 2018


  25. ^ Manoj C G (27 July 2015). "View from the Earlier Side: When Jaitley saw 'benefits to the country' in obstructing Parliament". Indian Express.


  26. ^ "'Disrupting Parliament is important': BJP's words from opposition days come back to haunt it". Scroll.in. 24 December 2014.


  27. ^ "Narendra Modi government: Full list of portfolios and ministers". The Indian Express. 27 May 2014.


  28. ^ "Corporate Affairs Ministry to be 'clubbed' with Finance Ministry". The Economic Times. 27 May 2014.


  29. ^ Raghuvanshi, Vivek (7 September 2014). "Analysts: New Modi Government Lacks Clear Defense Policy". Defense News. Retrieved 7 September 2014.


  30. ^ "WikiLeaks cable on Arun Jaitley's 'opportunistic' remark". NDTV. 26 March 2011. Retrieved 3 February 2016.


  31. ^ "Arun Jaitley denies remark in WikiLeaks cable". NDTV. 26 March 2011. Retrieved 3 February 2016.


  32. ^ "Bihar polls: Grand Alliance's idea of reservations on the basis of religion is fraught with danger, says FM Arun Jaitley".


  33. ^ "All those who are involved in the traditional caste psyche will suffer a big setback: FM Arun Jaitley".


  34. ^ "Arun Jaitley appointed to Board of Governors of Asian Development Bank". Biharprabha News. Indo-Asian News Service. Retrieved 2 June 2014.


  35. ^ "Personal law should be subject to fundamental rights: Jaitley".


  36. ^ IDS 'Major Success' Compared to VDIS, Says Arun Jaitley, News 18, 18 November 2016


  37. ^ "Rs 500, Rs 1000 currency notes stand abolished from midnight: PM Modi", The Indian Express, 9 November 2016


  38. ^ "Will be switching to GST regulation from June 30 midnight: FM Arun Jaitley". The Economic Times. 2017-06-20. Retrieved 2017-06-20.


  39. ^ "CEO Brief: India" (PDF). New York: Out Leadership. June 8, 2017.


  40. ^ "Knot for everybody's eyes". The Times of India. 24 April 2004. Retrieved 25 October 2012.


  41. ^ "Profiles of Rajya Sabha Members (needs selection)". Rajya Sabha. Retrieved 6 September 2014.


  42. ^ "An eyewitness to history: We were a Partition family, says Arun Jaitley". Hindustan Times. 28 May 2016. Retrieved 28 May 2016.


  43. ^ Smriti Irani Removed From I&B Ministry; Piyush Goyal to Step in for Arun Jaitley in Finance [1]




External links





  • Official website.

  • Detailed Profile: Shri Arun Jaitley


  • Arun Jaitley collected news and commentary at BloombergQuint



























Political offices
Preceded by
Jaipal Reddy

Minister of State for Information and Broadcasting
1999–2000
Succeeded by
Sushma Swaraj
Preceded by
Ram Jethmalani

Minister of Law and Justice
2000–2002
Succeeded by
Jana Krishnamurthi
Preceded by
Jana Krishnamurthi

Minister of Law and Justice
2003–2004
Succeeded by
H. R. Bhardwaj
Preceded by
Jaswant Singh

Leader of the Opposition in the Rajya Sabha
2009–2014
Succeeded by
Ghulam Nabi Azad
Preceded by
A. K. Antony

Minister of Defence
2014–2014
Succeeded by
Manohar Parrikar
Preceded by
Prakash Javadekar

Minister of Information and Broadcasting
2014–2016
Succeeded by
Venkaiah Naidu
Preceded by
Manohar Parrikar

Minister of Defence
2017–2017
Succeeded by
Nirmala Sitharaman
Preceded by
P. Chidambaram

Minister of Finance
2014–2018
Succeeded by
Piyush Goyal
Preceded by
Sachin Pilot

Minister of Corporate Affairs
2014–present










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