New Delhi, July 7: Following a major reshuffle in the Union Cabinet on Wednesday, Ashwini Vaishnaw, the Rajya Sabha member from Odisha, has been appointed as India's next Electronics and IT Minister, besides helming the affairs in the Ministry of Communications.

Vaishnaw succeeded Ravi Shankar Prasad in both the ministries. Prasad was handling the IT Ministry since the Narendra Modi-led NDA government came to power in 2014, besides holding the Communications portfolio since 2019.

A former IAS Officer of 1994 batch, Vaishnaw handled important responsibilities over the last 15 years and was particularly known for his contribution to the PPP framework in infrastructure. Modi Cabinet 2.0 Portfolios: Ashwini Vaishnaw Gets Charge of Railways Ministry, Besides Communication & Electronics and Information Technology.

He has an MBA degree from Wharton School, Pennysylvania University, and an MTech degree from IIT Kanpur. Vaishnaw has held leadership roles across major global companies such as General Electric and Siemens. He takes charge of both the ministries at a crucial time.

The IT Ministry has been at loggerheads with Twitter over the new IT guidelines, while on the communications front, India awaits the rollout of 5G which is already running behind time. Further, the financial stress in the telecom sector and the AGR dues would be the other major issues facing the new minister.

Although the other major social media companies have complied with the new IT Rules, sustained and strict implementation of these guidelines will remain a key task for Vaishnaw. Modi Cabinet 2.0 Portfolios: Jyotiraditya Scindia Gets Civil Aviation Ministry, Mansukh Mandaviya Gets Health Ministry, Anurag Thakur To Be I&B Minister; Here’s Who Got What After Cabinet Expansion.

The industry has also expressed high hopes from the 50-year-old incoming minister. Pankaj Mohindroo, Chairman, ICEA: "We aspire that the new incumbent consolidates the gains made so far - particularly in mobile phone manufacturing."

"Electronics is the second largest traded commodity in the world at $2 trillion. It permeates every vertical in our and the global economy. The new leadership can propel India into a leading economy on the back of manufacturing in general, and electronics manufacturing, in particular," Mohindroo said.

(The above story first appeared on LatestLY on Jul 08, 2021 12:03 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).