Nirmala Sitharaman is new defence minister, Piyush Goyal gets railways

RK Singh Minister of State for Power and Renewable Energy takes over charge in presence of Piyush Goyal Minister of Railway in New Delhi

Four ministers - Nirmala Sitharaman, Piyush Goyal, Dharmendra Pradhan, Mukhtar Abbas Naqvi - were elevated to Cabinet rank on Sunday. However, since launch of UDAY in November 2015, the participating states have provisionally reported reduction in annual losses by approximately Rs 11,000 crore from 2015-16 to 2016-17. Speculations are rife that Piyush Goyal may take over as the new Rail Minister. The ground breaking is likely to take place mid-September.

Last month, after series of train accidents, Prabhu had met Prime Minister Narendra Modi and offered to resign, but was asked to wait.

The final blow came in the Utkal Express derailment on August 19 that killed 23 people.

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Apart from them, few other ministers had also resigned in 2017 that led to a number of vacancies in Modi's cabinet. He tweeted, "Thanks to all 13 Lacs+ rail family for their support, love, goodwill".

However, a challenge awaits Goyal as he is taking over the Railways Ministry at a time it is facing big challenges on safety as well as its business. I will always cherish these memories with me.

He also oversaw the BJP's publicity and advertising campaign including the social media outreach during the 2014 Lok Sabha elections.

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Prime Minister was not happy with slow pace of reforms in railways, which has been projected by him as driver of change for it touches lives of millions of Indians.

Goyal, a Chartered Accountant by profession, has been articulate in defending the Narendra Modi government specially after the demonetisation decision.

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