RANK 6 – Arun Jaitley, 64
Union Finance Minister | (Rank 2016: 4)
The effective No 2 in the Modi cabinet, Jaitley has the task of steering the economy towards higher growth amid a slowdown resulting from demonetisation. With Manohar Parrikar heading to Goa, Jaitley holds additional charge of the crucial defence ministry.
After a series of hectic negotiations with states and political parties, Jaitley was able to get the Constitutional amendment related to GST passed by Parliament. A crucial indirect tax reform, consensus on which once seemed impossible, GST is likely to be implemented from July 1.
Improving the country’s tax base and ensuring that people stay the course on digital transactions.
NOTE: He is on very friendly terms with Captain Amarinder Singh, the man who defeated him in the bitterly fought Amritsar Lok Sabha contest.
COMING UP THE NEXT ON RANK 7 MUKESH AMBANI