July 31, 2012
Today Prime Minister Singh made several changes within the cabinet, handing off the Finance portfolio to now-former Home Minister P. Chidambaram. Replacing Chidambaram as Home Minister is Sushil Kumar Shinde, whose previous Power Minister portfolio has been taken on by Veerappa Moily. Moily will retain his position as Minister of Corporate Affairs while taking on the Power Minister portfolio concurrently.
This change marks the third time Chidambaram will serve as Finance Minister, having previously filled the post in 1996-1997 under PM Gowda and 2004-2008 under PM Singh.