Union home minister Amit Shah, external affairs minister S Jaishankar, finance minister Nirmala Sitharaman and defence minister Rajnath Singh will retain their respective portfolios in the Modi 3.0 government, with BJP keeping all the big four cabinet berths with itself.
Additionally, allies like TDP, JD(U), LJP (RV) and JD(S) have been given plum portfolios in the new Cabinet. TDP's Ram Mohan Naidu will be the new civil aviation minister, JD(U)'s Lalan Singh has been given Panchayati Raj ministry and Chirag Paswan will take charge of the food processing industries. JD(S)' HD Kumaraswamy will be the new minister of heavy industries as well as minister of steel.
The long-awaited portfolio allocation, which follows the first Cabinet meeting of the new Modi government, signals continuity as the NDA 3.0 under PM Modi seeks to carry on the growth momentum and synergy in its third straight term at the Centre.
Here's the full list of ministers and their respective portfolios:
- Prime Minister Narendra Modi: Also in-charge of Ministry of Personnel, Public Grievances and Pensions; Department of Atomic Energy; Department of Space; All important policy issues; and all other portfolios not allocated to any Minister.
- Rajnath Singh: Minister of Defence
- Amit Shah: Minister of Home Affairs; and Minister of Cooperation
- Nitin Gadkari: Minister of Road Transport and Highways
- Jagat Prakash Nadda: Minister of Health and Family Welfare; and Minister of Chemicals and Fertilizers
- Shivraj Singh Chouhan: Minister of Agriculture and Farmers Welfare; and Minister of Rural Development
- Nirmala Sitharaman: Minister of Finance; and Minister of Corporate Affairs
- Dr Subrahmanyam Jaishankar: Minister of External Affairs
- Manohar Lal Khattar: Minister of Housing and Urban Affairs; and Minister of Power
- HD Kumaraswamy: Minister of Heavy Industries; and Minister of Steel
Major Highlights from IIT Bombay Placement Report 2023-24
| Key Metric | Details | Key Metric | Details |
| Total Number of Registered Students | 2414 | Total Number of Registered Students | 2414 |
| Total Number of Actively Participated Students | 1979 | Total Number of Actively Participated Students | 1979 |
| Total Number of Accepted Offers | 1475 | Total Number of Accepted Offers | 1475 |
| Total Number of Companies Offered Jobs | 364 | Total Number of Companies Offered Jobs | 364 |
| Total Number of Job Offers | 1650 | Total Number of Job Offers | 1650 |
| Job Offers above Rs. 1 crore accepted | 22 | Job Offers above Rs. 1 crore accepted | 22 |
| Pre-Placement Offers Accepted | 258 | Pre-Placement Offers Accepted | 258 |
| International Job Offers Accepted | 78 | International Job Offers Accepted | 78 |
| Average annual CTC Salary Package of students | Rs. 23.50 LPA | Average annual CTC Salary Package of students | Rs. 23.50 LPA |
| Median Salary | Rs. 17.92 LPA | Median Salary | Rs. 17.92 LPA |
| Top Recruiting Sector | Engineering & Technology | Top Recruiting Sector | Engineering & Technology |
Concerns Over Lowest Package
While the lowest salary in 2023 was Rs 6 lakh per annum, it fell to Rs 4 lakh in 2024. Ten students accepted job offers in this range, raising concerns about the job market for graduates from even prestigious institutions like IIT-Bombay.
Download: IIT Bombay Placement & Internship Report 2024
Key Recruiters and Challenges
Multinational corporations (MNCs) continued to be the primary recruiters, with 775 students placed in Indian MNCs and 622 in Indian companies.
While the institute's graduates continue to attract high-paying offers and international opportunities, the overall placement scenario has been impacted by factors beyond the control of the students or the institute.
- Chirag Paswan: Minister of Food Processing Industries
- Rao Inderjit Singh: Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation; Minister of State (Independent Charge) of the Ministry of Planning; and Minister of State in the Ministry of Culture
- Dr Jitendra Singh: Minister of State (Independent Charge) of the Ministry of Science and Technology; Minister of State (Independent Charge) of the Ministry of Earth Sciences; Minister of State in the Prime Minister’s Office; Minister of State in the Ministry of Personnel, Public Grievances and Pensions; Minister of State in the Department of Atomic Energy; andMinister of State in the Department of Space
- Arjun Ram Meghwal: Minister of State (Independent Charge) of the Ministry of Law and Justice; and Minister of State in the Ministry of Parliamentary Affairs
- Jadhav Prataprao Ganpatrao: Minister of State (Independent Charge) of the Ministry of Ayush; and Minister of State in the Ministry of Health and Family Welfare
- Jitin Prasada: Minister of State in the Ministry of Commerce and Industry; and Minister of State in the Ministry of Electronics and Information Technology
- Shripad Yesso Naik: Minister of State in the Ministry of Power; and Minister of State in the Ministry of New and Renewable Energy
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