The United States Mission in India on Saturday condoled the demise of former Finance Minister Arjun Jaitley, while noting his contribution in improving the economic ties between Washington and New Delhi.
"The United States Mission in India grieves with the people of India on the loss of former Minister Arun Jaitley. He will be remembered for his long and distinguished service to India" a statement released by the embassy read.
The embassy noted Jaitley's contribution in initiating and implementing major economic reforms in India such as Goods and Services Tax (GST) as well as the efforts and measures taken towards combating corruption and improving the ease of doing business.
"Especially notable were his introduction of the Goods and Services Tax, efforts to improve the ease of doing business, and measures to combat corruption. Minister Jaitley recognised the importance of the US-India relationship and worked to improve the economic ties between our countries. The US Mission in India extends our deepest condolences to former Minister Jaitley's family and many friends, as well as to all the citizens of India," the statement added.
Jaitley passed away at the All India Institute of Medical Sciences (AIIMS) in New Delhi on Saturday afternoon. He was 66.
He first became a Cabinet minister in the government of former Prime Minister Atal Bihari Vajpayee in 2000, and then also went on to serve as the Leader of the Opposition in the Rajya Sabha from June 2009.
He was appointed the Finance Minister in the first term of Modi government in 2014. He opted out of the 2019 Lok Sabha elections citing health reasons.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
