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Arun Jaitley passes away

Capital Market 

Former finance minister and economic reformer dies at 66

Former Union finance minister Arun Jaitley passed away at the All India Institute of Medical Sciences (AIIMS) on Saturday.

Jaitley was admitted to AIIMs on 9 August after he complained of breathing problems.

A lawyer by profession, Jaitley was the most important leader in Prime Minister Narendra Modi's cabinet during his first tenure.

With Jaitley as the finance minister, the Modi government was able to take several key economic initiatives like demonetisation and the implementation of the Goods and Services Tax (GST).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 24 2019. 13:54 IST