Thus,the Union Finance Minister was given additional charge of Defence Ministry after Manohar Parrikar was made the Chief Minister of Goa.
India is formulating policy to help major global defence companies set up manufacturing units in the country in collaboration with Indian firms, Finance Minister Arun Jaitley said today.
Jaitley, who holds the additional charge of the Defence Ministry, said the Union Government has made the initial policy changes while some more are being planned.
Using cricket lingo, he described himself as the "night watchman" for these two ministries. "One of my principal responsibilities is to look after the finances of the government. There are some additional responsibilities that keep coming," he said.
"The Prime Minister has asked me to fill in that role in some other departments. But my principal requirement is in finance," Jaitley said.