Reshuffle in Cabinet in offing; Chidambaram likely to be FM
MDT/PTI 31 July 2012

A minor reshuffle of portfolios in the Union Cabinet is likely to bring back Chidambaram as finance minister while Sushil Kumar Shinde may be the next home minister  

New Delhi: A minor reshuffle of portfolios in the Union Cabinet appeared to be in the offing with indications today that Home Minister P Chidambaram was being made the Finance Minister, reports PTI.
Power Minister Sushilkumar Shinde was tipped to be the Home Minister, according to sources.
Minister for Corporate Affairs M Veerappa Moily is likely to be given the additional charge of the Power Ministry, the sources said.
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.
When asked about the speculation, Chidambaram sought to downplay it.
"I don't think so. I am very happy to meet you once in a month. I am content with the job I am doing and we will meet next month," he told reporters when asked during his monthly press conference as Home Minister whether this would be his last one in this portfolio.
Chidambaram was the Finance Minister before being given the charge of the Home Minister in the wake of November 2008 Mumbai attack.

Chidambaram has taken a major share of the pie of the Empowered Group of Ministers and Group of Ministers after the exit of Pranab Mukherjee.


Chidambaram now heads seven out of the 15 Group of Ministers (GoM) and two Empowered Group of Ministers (EGoMs), followed by Defence Minister AK Antony who chairs three EGoMs and four GoMs.


Agriculture Minister Sharad Pawar, who a fortnight ago had threatened to pull out of government contending lack of say in governance to coalition partners, has been made chairman of one EGoM and three GoMs.


Prime Minister Manmohan Singh has also pruned the number EGoMs from the earlier 12 to six at present. Earlier, all the EGoMs were chaired by Mukherjee.


The list of GoMs has also been brought down to 15 from the earlier 27.


The six EGoMs wound up by the government include those on the Food Security Act, National Highways Development Project, issues related to SEZs, and under-recoveries of oil marketing companies.


Antony chairs the EGoMs on gas pricing, mass rapid transit systems, and ultra mega power projects, Chidambaram heads EGoMs on telecom spectrum allocation, and reforms in the Central public sector enterprises.


Pawar has been made the chairman of the EGoM on drought.

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