In Today’s article of Jobaaj Stories’ finance chronicles, we talk about CA Piyush Goyal. And we shall try to find out through his example, the reason why Chartered Accountancy is considered to be such a divine field. And why CAs are held in such high honor in the sub-continent of India even to this date.
Starting from the man in question, CA Piyush Goyal is the Minister of State of India. And discernable by his name, he is also a Chartered Accountant having achieved All-India second rank in the CA final exam.
Apart from that, he is also a very famous and influential investment banker and frequently advises top banking professionals on management plans and expansion opportunities.
Well! Let’s dive more into the life of this exceptional CA turned politician!
Family and personal background of CA Piyush Goyal
It was on 13 June 1964, that CA Piyush Goyal was born to Mr. Ved Prakash Goyal and Mrs. Chandrakanta Goyal in Mumbai, Maharashtra. His journey in politics could have been pre-determined for the simple fact that both his parents were already engaged in politics.
His mother had been an MLA 3 times from Maharashtra by the BJP and his father was the Union Minister of Shipping in the Vajpayee reign of government. His father was also the treasurer for BJP for over 20 years.
He also has a son and a daughter with his wife, Seema Goyal who is an active social worker.
Though given an appropriate amount of political pedigree, he wasn’t initially forced upon in politics, and in fact, he had a rather bright academic career.
A quick highlight of which is as follows:
- Don Bosco High School, Mumbai
- Jai Hind College, Mumbai
- H.R. College of Commerce and Economics, Mumbai
- Government Law College, Mumbai
- Institute of Chartered Accountants of India, New Delhi
The political career of CA Piyush Goyal
Before being strictly in politics, CA Piyush Goyal was a successful and rather well-known investment banker.
It was in 1984 that he followed in his father’s footsteps and joined the Bharatiya Janta Party (BJP).
Throughout his political career, he played many vital roles in the BJP political party. His finance background allowed him to engage in several financial discourses in the parliament.
Following his mettle and his capabilities, he was also appointed as the secretary of BJP in Mumbai.
The crux of the discussion is that even before becoming the minister of Railways, he was already delivering excellence to the party work. He was after all the national treasurer of the BJP before becoming a member of the Rajya Sabha. It is even said that he has close ties with Narendra Modi and Arun Jaitley(now deceased).
In 2014, when BJP came into power, CA Piyush Goyal played an important role in the publicity campaigns. He went on to become the Minister of State for Power, Coal, and renewable sources of energy in the BJP government of 2014. It was under his tenure that India saw one of the largest renewable energy expansion programs throughout the country. It was all a part of the government’s promise of bringing electricity to ‘every household of India’. True to the words, Goyal’s efforts helped in electrifying 18000 villages all over the country.
This does however reaffirms one fact for the people of India, that if you need to get something done efficiently, then get a CA to do it for you!
Consequently, He became the Minister of state for mines in 2016 when the cabinet for the Modi ministry reshuffled for the second time.
CA Piyush Goyal, apart from politics
Politicians are often described as the scum of society and this is an opinion that is generally agreed upon by the masses. However, education often brings out the best of the people and that is what holds in the case of CA Piyush Goyal as well.
Apart from being a successful CA and an even more successful politician, he is also a philanthropist and a social worker. Having worked with many NGOs, he strives to provide education to the lower sections of society and to look after the welfare of those who are physically disabled.
Having reached the potential end of the article, let us surmise in some bold points the political journey of CA Piyush Goyal.
Political Journey of CA Piyush Goyal
- He was the Director of the Bank of Baroda.From 2001 to 2004,
- He was also a member of the Task Force working for Interlinking of Rivers in the Indian government.
- Goyal was appointed as the Director of the State Bank of India in 2004
- He also became the National Treasurer of BJP in 2010, like his father. He was elected to Rajya Sabha in the same year.
- From 2012 onwards, Goyal became a member of the Committee for Provision of Computers to Members of the Rajya Sabha.
- On May 27, 2014, Goyal became the Minister of State (Independent Charge) for Power, Coal, and New & Renewable Energy.
- Piyush Goyal replaced Suresh Prabhu and became Railway Minister in September 2017
Pretty great journey right!
This article is brought to you by Jobaaj Stories in association with Jobaaj.com.