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Piyush Goyal

About Piyush Goyal

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Who is Piyush Goyal

Piyush Goyal, who had been the Union minister for railways and coal in the first term of the Narendra Modi-led Bharatiya Janata Party (BJP) government at the Centre, has been given charge of the railways and commerce & industry ministries in the second term. In the previous term of the BJP government, Goyal had also donned the hat of the finance minister on a couple of occasions, standing in for then Finance Minister Arun Jaitley during phases of the latter’s ailment. Goyal was the finance minister and corporate affairs minister from January 23 to February 15, 2019). He presented the Interim Budget for 2019-20. Among the most crucial things he announced in the Interim Budget was a tax concession to the lowest bracket of the salaried class. He also announced a scheme for income transfer to farmers.    Previously, besides holding the independent charge of the coal ministry as a minister of state, Goyal also held the power, new & renewable energy and mines portfolios from July 5, 2016, to September 3, 2017.   A member of the BJP, he has been representing Maharashtra in the Rajya Sabha since 2010.   During the first term of the Modi government, Piyush Goyal's tenure as the power minister saw the rollout of the Ujwal DISCOM Assurance Yojana (UDAY) and fast-tracking of electrification of nearly 18,000 unelectrified villages under the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya). He also oversaw the government's LED bulb distribution programme, known as UJALA. He was first given the temporary additional charge of the Ministry of Finance from May through August 2018, as Jaitley was undergoing medical treatment. During his second stint as the interim finance minister, Goyal’s Interim Budget also saw the rollout of the PM-KISAN scheme, a direct cash income support scheme for small and marginal farmers. The measure, besides the income-tax rebate for middle-class taxpayers and other select announcements, were viewed as the government's bid to woo voters, especially distressed farmers, in the run-up to the 2019 elections.

Latest Updates on Piyush Goyal

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Updated On: 26 Jul 2024 | 1:45 PM IST

Zomato stock outlook: In the past one week, Zomato stock price has outperformed the market by surging 12 per cent as against 1 per cent rise in the benchmark index

Updated On: 15 Jul 2024 | 6:38 PM IST

Farmers' protest march updates: Catch all the latest updates on the farmers' protest here

Updated On: 23 Feb 2024 | 1:23 PM IST

Last month, the Centre unveiled its new foreign trade policy (FTP 2023) setting a target of achieving $2 trillion in exports by 2030

Updated On: 10 Apr 2023 | 2:38 PM IST

Goyal is also scheduled to meet with French business leaders across various sectors and will attend a CEOs roundtable

Updated On: 10 Apr 2023 | 12:00 AM IST

Union Minister for Commerce and Industry Piyush Goyal urged the people of Karnataka not to repeat the mistake of 2018 polls, and to provide an absolute majority to the BJP in the May 10 elections

Updated On: 07 Apr 2023 | 10:54 PM IST

Services exports likely to see sharper jump, estimated to cross $320 billion in FY23 from $254 billion a year ago

Updated On: 09 Apr 2023 | 8:48 PM IST

In case there is a change in the policy, the transition time in that case will help the exporter execute the contract, giving some certainty for the exporter

Updated On: 03 Apr 2023 | 12:14 AM IST

Union Commerce Piyush Goyal said in the financial year 2022-2023, procurement of goods and services from the government portal Government e-Marketplace (GeM) has crossed the Rs 2 trn mark

Updated On: 02 Apr 2023 | 8:11 AM IST

Targets $2 trillion in goods and services exports by 2030

Updated On: 31 Mar 2023 | 11:02 PM IST

Piyush Goyal exuded confidence that India's merchandise and services exports will cross $2 trillion by 2030 from the current level of $765 billion, as he unveiled foreign trade policy

Updated On: 31 Mar 2023 | 6:13 PM IST

India is likely to end this fiscal year with total exports of $760-770 billion as against $676 billion in FY22

Updated On: 31 Mar 2023 | 12:16 PM IST

Rabi onion crops harvested during April-June accounts for 65 per cent of India's onion production and meet the consumers' demand till the kharif crop is harvested in October-November

Updated On: 30 Mar 2023 | 7:38 PM IST

"We aim to use technology in every sphere to serve the people of India in a big way. Today, we are showcasing our developmental model to the rest of the world," Goyal said

Updated On: 30 Mar 2023 | 11:17 PM IST

Goyal said there was no deadline to have an FTA with the UK, but a former PM of the country has announced an aspiration to conclude before Diwali of 2022

Updated On: 30 Mar 2023 | 5:39 PM IST

Commerce and Industry Minister Piyush Goyal will announce the foreign trade policy, according to the ministry

Updated On: 30 Mar 2023 | 4:08 PM IST

Asserts that India's self reliance drive isn't about closing doors but opening them wider, with the aim of letting competitive and comparative advantages determine international trade

Updated On: 28 Mar 2023 | 7:42 PM IST

Odisha will have about 2 mn metric tonnes of surplus rice after meeting all its requirements, CM Naveen Patnaik said in a letter to the central govt asking for the evacuation of surplus rice

Updated On: 28 Mar 2023 | 7:29 AM IST

He stated, "Congress' intentions are of insulting the OBC community, their mentality is against the OBC community. Rahul Gandhi has no right to consider himself above the law of the land

Updated On: 27 Mar 2023 | 6:38 PM IST

Union Minister Piyush Goyal along with Lithuania Ambassador to India Diana Mickeviciene on Sunday flagged off 'Gandhi Darshan, G-20 Yuva Slum Daud' at Amardev Public School in the national capital.

Updated On: 26 Mar 2023 | 11:01 PM IST