Report by OD bureau; New Delhi: Prime Minister Dr. Manmohan Singh today reshuffled his cabinet. As per the press statement of from the Rashtrapati Bhavan P Chidambaram becomes the new finance minister, Sushil Kumar Shinde is new home minister, Veerappa Moily gets power portfolio.
The statement said, "The President of India, as advised by the Prime Minister, has directed that the portfolios of the following Ministers will be re-allocated as follows:-
1. Shri P. Chidambaram Finance
2. Shri Sushilkumar Shinde Home Affairs
Further, as advised by the Prime Minister, the President has also directed that Shri M. Veerappa Moily, Minister of Corporate Affairs will be assigned additional charge of the Ministry of Power."