Moily assumes charge as Corporate Affairs Minister

Veerappa Moily today assumed charge as India's new Corporate Affairs Minister following a high profile Cabinet reshuffle by Prime Minister Manmohan Singh on Tuesday.

"I am very happy with Prime Minister Manmohan Singh and Congress President Sonia Gandhi. If they have given me this charge they might had something in mind. They know that I am a reformist and wherever I go, I have the reform agenda," Moily, who was shifted from the Law Ministry to the Corporate Affairs Ministry, told reporters here.

Speaking on the 2G scam, he said, "You will have to give me time to understand the issue, but I can say that nothing will be passed without proper examination."