TN finance minister P Thiaga Rajan gets IT ministry in cabinet reshuffle

In a major cabinet reshuffle, Tamil Nadu chief minister MK Stalin on Thursday replaced finance minister P Thiaga Rajan with industries minister Thangam Thennarasu.

The new industries minister is Dr TRB Rajaa while Rajan gets the information technology (IT) portfolio.

In a statement released on Twitter, Rajan said, “The past two years have been the most fulfilling in my life. Under the leadership of CM @mkstalin, I presented one revised budget (21-22) during the pandemic, and two annual budgets (22–23, 23–24) post-pandemic. Despite inheriting record deficits and debt ratios, we have invested in a record number of social welfare schemes as well as record capital spending, all while delivering record-setting fiscal improvements. This is the epitome of my public service, and indeed of my life.”

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He added that while fiscal consolidation and social spending are necessary steps for an equitable society, the drivers of development and growth are investment, enterprise expansion and job-creation.

“I am grateful that CM @mkstalin has now assigned me the portfolio of Information Technology – globally the #1 industry for investment and job-creation today. We know that technology shapes the future,” he said, adding that he wants to replicate the work of his predecessor Manoj Thangaraj to attract more investment in the IT sector.

“I hope my own experience in establishing and managing a pioneering Global Capability Centre 15 years ago, and the connectivity with the IT & ITES Industry gained during my professional career, will enrich my efforts in this new role,” he said.

In all, the portfolios of four ministers were changed.

This is the first reshuffle in DMK government which came to power in 2021.