After Mr. Ashok Gajapathi Raju resigned as the Minister of Civil Aviation due to political differences with the National Democratic Alliance (NDA), the Prime Minister has given Mr. Suresh Prabhu additional charge of the Ministry, along with the Ministry of Commerce and Industry.
Mr. Suresh Prabhakar Prabhu is a qualified Chartered Accountant with a Law degree. He is known as a man of action, having penchant for undertaking reforms and scripting turnarounds.
He is well respected for his impeccable integrity, passion and commitment towards society at large. In a short span as the Minister for Commerce and Industry, he has highlighted areas such as trade promotion, investment promotion, boosting domestic manufacturing and institutionalizing evidence informed policy making – where a focused approach will be adopted.
Introducing the Agriculture Export Policy, setting up Investment War Room, implementation plan for Make in India 2.0 and setting up a Data Analytics Unit are some of the steps being taken to address each of the areas, respectively.
Before assuming charge as the Minister for Commerce and Industry, he was the Minister for Railways. Under his leadership, Railways transformed from a slow moving behemoth into a fast, responsive organization.
A complaint resolution mechanism through social media, innovative project financing by leveraging extra budgetary resources, quantum jump in infrastructure creation and integrating sustainability into the core strategy of Railways are just some of his successes.
He was also appointed as the Prime Minister’s Sherpa, the official emissary of the Prime Minister of India in the G20 forum, from 2014-15.
Four times Lok Sabha MP, he is currently representing Andhra Pradesh in The Rajya Sabha. As the Minister for Power he transformed the Indian power sector by introducing the landmark Electricity Act, 2003. He was chosen to Chair the Task Force for Interlinking of Rivers.
Known for his passion for environment conservation, he also held the position of Minister for Environment and Forests. He was also the Minister for Chemical and Fertilizers and Minister for Industries. In his early career, he was the Chairman and Director of Saraswat Bank, he was the youngest to be appointed so. He was also appointed as the Chairman of Maharashtra State Finance Commission.
Mr. Prabhu is known as a global visionary and renowned thought leader. He has travelled to over 100 countries and engaged with various international forums. He featured among the top three Indian leaders of the future by Asia Week magazine, Hong Kong in its cover story “Giant on the Move.”