Piyush Goyal

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Piyush Goyal

7. Piyush Goyal.jpg
Minister of Consumer Affairs, Food and Public Distribution
Assumed office
9 October 2020
Prime MinisterNarendra Modi
Preceded byRam Vilas Paswan
Minister of Commerce and Industry
Assumed office
30 May 2019
Prime MinisterNarendra Modi
Preceded bySuresh Prabhu
Minister of Railways
Assumed office
3 September 2017
Prime MinisterNarendra Modi
Preceded bySuresh Prabhu
Deputy Leader of Rajya Sabha
Assumed office
11 June 2019
LeaderThawarchand Gehlot
Preceded byRavi Shankar Prasad
Minister of Coal
In office
26 May 2014 – 30 May 2019
Prime MinisterNarendra Modi
Preceded bySriprakash Jaiswal
Succeeded byPralhad Joshi
Minister of Finance & Corporate Affairs
In office
23 January 2019 – 15 February 2019
Prime MinisterNarendra Modi
Preceded byArun Jaitley
Succeeded byArun Jaitley
In office
14 May 2018 – 23 August 2018
Prime MinisterNarendra Modi
Preceded byArun Jaitley
Succeeded byArun Jaitley
Minister of Power (Independent Charge)
In office
26 May 2014 – 3 September 2017
Prime MinisterNarendra Modi
Preceded byJyotiraditya Scindia
Succeeded byR. K. Singh
Minister of New and Renewable Energy (Independent Charge)
In office
26 May 2014 – 3 September 2017
Prime MinisterNarendra Modi
Preceded byFarooq Abdullah
Succeeded byR. K. Singh
Minister of Mines (Independent Charge)
In office
5 July 2016 – 3 September 2017
Prime MinisterNarendra Modi
Preceded byNarendra Singh Tomar
Succeeded byNarendra Singh Tomar
Member of Parliament, Rajya Sabha
Assumed office
5 July 2010
Personal details
Piyush Ved Prakash Goyal

(1964-06-13) 13 June 1964 (age 56)[1]
Bombay, Maharashtra, India (present-day Mumbai, Maharashtra)
Political partyBharatiya Janata Party
Spouse(s)Seema Goyal
Children1 son, 1 daughter
MotherChandrakanta Goyal
FatherVed Prakash Goyal
Alma materHR College (BCom)
Government Law College (LLB)

Institute of Chartered Accountants of India (CA)

ProfessionChartered accountant

Piyush Vedprakash Goyal (born 13 June 1964) is a politician and cabinet minister of the Government of India having portfolios such as Minister of Railways, Minister of Commerce and Industry and Minister of Consumer Affairs, Food and Public Distribution. He was elevated to the Cabinet Minister position on 3 September 2017. He is currently a Member of Parliament for Rajya Sabha from the state of Maharashtra, and the Deputy Leader of Rajya Sabha. He was earlier the National Treasurer of the Bharatiya Janata Party (BJP). He headed the BJP's Information Communication Campaign Committee and oversaw the publicity and advertising campaign of the party including the social media outreach for the Indian General Elections 2014. Goyal has also held additional charge of Minister of Finance and Corporate Affairs twice in 2018 and 2019. Earlier he was Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy (2014-2017), and Mines (2016-17).[2] Goyal is the 2018 Carnot Prize Recipient for distinguished contributions to energy policy. Piyush Goyal has been allocated the cabinet ministry for Narendra Modi led NDA government in May 2019.

Early life[edit]

Goyal was born in Bombay to Chandrakanta Goyal and Ved Prakash Goyal.[3] His mother was a three-time Bharatiya Janata Party (BJP) Member of Legislative Assembly (MLA) from Maharashtra and his father served as the Union Minister for shipping in the Third Vajpayee ministry from 2001 to 2003. His father also served as the National Treasurer of the BJP for over two decades.[4][5]

Piyush Goyal was an all-India second rank holder in CA Final Chartered Accountant and second rank holder in Law in Mumbai University.[5] He did his schooling from Don Bosco High School, Matunga.[6] Goyal also participated in the Leadership Programs at Yale University (2011), Oxford University (2012) and Princeton University (2013). At present, he is pursuing the Owner/President Management (OPM) Programs at Harvard Business School.[7][8]

He is married to Seema Goyal, an active social worker and they have two children.[9] [10]


Goyal started his career as an investment banker and served on the board of India's largest commercial banks, the State Bank of India 2001-2004 and Bank of Baroda 2002-2004 as Government nominee.[11][5]

Goyal was a member of the Standing Committee on Finance and the Consultative Committee for the Ministry of Defence. An active member of the Managing Committee of Indian Merchants Chamber, he is also involved with NGOs in diverse fields such as tribal education and welfare of the physically challenged (Jaipur Foot).[12][13]

During his 35-year-long political career, he has served on the National Executive and held several important positions in the BJP including the national treasurer.[5] He was also nominated by the Government of India to the Task Force for Interlinking of Rivers. He was the Dy. Campaign In-charge for the Parliament elections in 1991 and played a key role at the central level in all elections since 2004.[14][15]

He was elected as the Bharatiya Janata Party candidate from Maharashtra for the Rajya Sabha in 2010.

Minister of State for Coal, Power, New and Renewable Energy (2014-17)[edit]

Barack and Michelle Obama being welcomed by PM Modi and Minister Goyal
Minister Goyal along with PM Modi launching the National UJALA Programme for Street & Home Lighting

Goyal became the Minister of State for Power, Coal, New and Renewable Energy in the Modi government in 2014 and undertook multiple initiatives in his term. Under his tenure, India saw a proliferation of renewable energy through the world's largest renewable energy expansion program.[16] He accelerated the mission to provide 24X7 reliable electricity to all households and pushed towards the adoption of clean energy. He introduced the Ujwal DISCOM Assurance Yojana (UDAY) to revive debt-ridden power distribution companies and Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) to improve India's energy access. He successfully auctioned the coal blocks after the much talked about Coal scam of the previous Manmohan government. He initiated and completed the government program to electrify all the 18,000 remaining unelectrified villages of the country. He was awarded the 2018 Carnot Prize for distinguished contributions to energy policy and work in village electrification by the University of Pennsylvania’s Kleinman Center for Energy Policy. He also worked for energy efficiency in the country through the Unnat Jyoti by Affordable Lighting for All (UJALA) scheme and reduced the prices of LED bulbs to 38 (53¢ US) per piece from 310 (US$4.30) in 2014.[5] He revised the Government's target of 20 GW of solar power by 2022 to five times (i.e. 100 GW).[17] He also helped the cash-strapped state power distribution companies to turn around.[18][19]

On 5 July 2016, during the second cabinet reshuffle of the Modi ministry, he was included in the cabinet and took over as the Minister of State for Mines (Independent charge) from Narendra Singh Tomar.[20]

Minister of Railways (2017 - present)[edit]

PM Modi along with Minister Goyal inaugurates various Railway Projects in West Bengal
Minister Goyal administering the Swachhata pledge, on the occasion of the “Swachhata Hi Sewa” Abhiyan at Old Delhi Railway Station
Minister Goyal releasing the souvenir at the inauguration of the International Conference on Green Initiatives & Railway Electrification

He became the Minister of Railways on 3 September 2017 taking charge from Suresh Prabhu.[21] Under his leadership, Indian Railways established a ‘Zero Accident’ railway system and have seen no accidents for the past 22 months.[22][23] He started 'Plan Bee', a method to prevent elephants from approaching the railway lines. It involves setting up of devices near tracks, which emit the 'buzzing' sound of bees, saving elephants from train accidents.[24][25] He launched the first indigenous semi-high speed train Vande Bharat Express between Delhi and Varanasi.[26][27] In all the mountain railways region of the country, Goyal introduced Vista-Dome coaches, in an attempt to allow the passengers to enjoy the scenery of the hilly terrains.[28][29] On 27 February 2019, Piyush Goyal announced a Railway Zone for Andhra Pradesh named South Coast Railway with Waltair Division in Andhra Pradesh along with Guntur, Guntakal and Vijayawada Divisions with the headquarters of the zone being in Visakhapatnam, according to the AP Reorganisation Act 2014. [30] The Indian Railways completed 200 key long pending projects by taking advantage of the COVID lockdown in India.[31] These projects included three super critical projects with a combined length of 68km, three critical projects with a combined length of 45km, upgradation of the entire 389km railway line from Jhajha in Bihar to Pandit Deen Dayal Upadhyaya Junction in Uttar Pradesh and a new 82km port connectivity line to Paradip.[32] Goyal announced the ‘Clone Train Scheme’,[33] wherein it planned to run a clone train with the train of the same number, to help and provide relief to the waitlisted passengers over heavy passenger traffic routes.[34] For fighting climate change and making plastic-free India, Goyal announced that tea will be sold in environment friendly 'Kulhads' (earthen cups) in place of plastic cups at all railway stations in the country. [35][36] During COVID pandemic in India, Goyal got Indian Railways to developed anti-COVID-19 coach to contain the spread of coronavirus.[37] This anti-COVID-19 coach had hands-free water tanks and flushes; copper-coated handles and locks.[38][39]

From May through August 2018, he was temporarily given additional charge of Ministry of Finance during Arun Jaitley's absence for medical treatment. Goyal presented the 2019 Interim-Union budget of India in the Lok Sabha on 1 February 2019.[11]

Minister of Commerce & Industry (2019 - present)[edit]

In May 2019, he continued at the Ministry of Railways and got the Ministry of Commerce and Industry.[40] Goyal aims to discard restrictive States Government policies pertaining to License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. [41] In a bid to systematise the onboarding process of retailers on e-commerce platforms, Goyal directed the Department for Promotion of Industry and Internal Trade (DPIIT) to utilise the Open Network for Digital Commerce (ONDC) to set protocols for cataloging, vendor discovery and price discovery. Goyal aims to provide equal opportunities to all marketplace players to make optimum use of the e-commerce ecosystem in the larger interest of the country and its citizen.[42] Under Goyal's leadership in Jan 2021 India jumped 14 spots[43] in World Bank's Ease of Doing Business rankings taking India to 63rd spot amongst 190 countries.[44] In a bid to Atmanirbhar Bharat, Goyal launched One District One Product (ODOP) initiative to fuel the economic growth and generate employment within India.[45] The objective of ODOP is to convert each district of India into an export hub by identifying products with export potential in the respective district.[46] Goyal inaugurated ‘Prarambh’ International Summit, an initiative by Startup India in New Delhi.[47]

In June 2019, he was appointed as the Deputy Leader of the House in Rajya Sabha.[48]

Minister of Consumer Affairs, Food & Public Distribution (2020 - present)[edit]

Minister Goyal addressing the media

After the demise of Shri Ram Vilas Paswan, he took over the additional charge of the Ministry of Consumer Affairs Food & Public Distribution on 9 October 2020.

After taking charge, Goyal announced for strengthing and modernising of Food Corporation of India.[49] He also emphasised that the procurement system at Minimum support price (MSP) will continue and Food Corporation of India (FCI) will be committed to serving farmers.[50] To ensure that all the migrant labor community can draw their allotted ration anywhere in the country Goyal called for speedy implementation of One Nation One Ration Scheme.[51] At the 3rd Governing Council meeting of the Bureau of Indian Standards (BIS), Goyal directed to cut quality testing charges for MSMEs, Startups and Women Entrepreneurs.[52] Goyal also directed the Department of Consumer Affairs to focus and ensure on quality and quantity of products, processes and services to the consumers by way of the BIS Act, 2016 and Legal Metrology Act, 2009.[53][54]


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External links[edit]