Refugee Roots Make India Finance Minister a Careful Spender
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To some friends who’ve known Arun Jaitley for decades, the man now in charge of India’s purse strings doesn’t throw around money lightly.
Jaitley, 61, pledged to tackle the budget deficit after he was appointed as finance minister yesterday following Prime Minister Narendra Modi’s landslide election win this month. Jaitley got the post even after losing a seat he contested in Punjab province, near the border of Pakistan, where his parents lived before moving to India after partition in 1947.