Arun Jaitley, born on December twenty-eighth, nineteen fifty-two, was a prominent Indian politician and attorney known for his significant contributions to the country's financial and legal frameworks. A member of the Bharatiya Janata Party, he held various key cabinet positions, including Minister of Finance and Corporate Affairs from two thousand fourteen to two thousand nineteen, during which he played a pivotal role in shaping India's economic policies.
Educated at Delhi University, Jaitley was a Senior Advocate of the Supreme Court of India. His political career was marked by his tenure as the Leader of the Opposition in the Rajya Sabha from two thousand nine to two thousand fourteen. He was instrumental in the introduction of the Goods and Services Tax, which unified the country's tax structure, and oversaw significant reforms such as demonetisation and the merger of the Railway budget with the general budget.
Throughout his career, Jaitley held various cabinet portfolios, including Finance, Defence, Corporate Affairs, Commerce and Industry, and Law and Justice, under both the Vajpayee and Modi governments. His strategic vision and legal acumen were crucial in implementing the Insolvency and Bankruptcy Code, which aimed to streamline the process of corporate insolvency in India.
In two thousand nineteen, Jaitley chose not to join the second Modi Cabinet due to health issues, marking a significant moment in his political journey. His contributions to public affairs were recognized posthumously in two thousand twenty when he was awarded the Padma Vibhushan, India's second highest civilian award.