Table of Contents
EARLY LIFE
- Goyal was born on 13 June 1964 in Bombay to Chandrakanta Goyal and Ved Prakash Goyal. 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.
- Piyush Goyal has had a strong academic record – all India second rank holder in CA Final Chartered Accountant and second rank holder in Law in Mumbai University.
EDUCATION
- He has participated in Leadership Programs at Yale University (2011), Oxford University(2012) and Princeton University (2013). He did his schooling from Don Bosco High School, Matunga.
- He is married to Seema Goyal, an active social worker, and has two children – Dhruv and Radhika, who have both graduated from Harvard University, USA.
POLITICS
- 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.
- Piyush was a member of the Standing Committee on Finance and the Consultative Committee for the Ministry of Defence.
- 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.
POLITICS
- He was also nominated by the Government of India to the Task Force for Interlinking of Rivers. He was elected as the Bharatiya Janata Party candidate from Maharashtra for the Rajya Sabha in 2010.
- Goyal became the Minister of Finance for Power, Coal, New and Renewable Energy in the Modi government in 2014 and undertook multiple initiatives in his term.
- He accelerated the mission to provide 24X7 reliable electricity to all households and pushed towards the adoption of clean energy.
POLITICS
- 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 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.
POLITICS
- 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. He revised the Government’s target of 20 GW of solar power by 2022 to five times (i.e. 100 GW).
- 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.
- He became the Minister of Railways on 3 September 2017 taking charge from Suresh Prabhu. Goyal presented the 2019 Interim-Union budget of India in the Lok Sabha on 1 February 2019.In May 2019, he continued at the Ministry of Railways and got the Ministry of Commerce and Industry.