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Suresh Prabhu Is The New Minister Of Commerce

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Suresh Prabhu is New Minister Of Commerce,New Minister Of Commerce,Minister of Commerce and Industry,second women defence minister,Nirmala Sitharaman,Prime Minister,Startup India Hub,Startup Stories,Inspirational Success Stories 2017

Suresh Prabhu is the new Minister of Commerce and Industry, post a cabinet reshuffling that took place on Sunday. The former Railway Minister will take over the role from Nirmala Sitharaman. Sitharaman will take charge of the Ministry of Defence to become the second women defence minister after Indira Gandhi.

Speaking about his ninth cabinet level position Prabhu said, “I am extremely happy that the prime minister has asked me to do something in Make In India, Start-up India and ease of doing business in India. All of these are the flagship programmes of the government which have to be implemented and I look forward to doing that in the right earnest.” Prabhu recently met with Prime Minister Narendra Modi to offer his resignation as the Minister of Railways after taking the blame for the Kalinga Utkal Express’ derailment that killed 23 last month. In a series of tweets, he revealed the Prime Minister had asked him to ‘wait’ instead of resigning.

As the new Minister of Commerce, Prabhu said he will be responsible to ensure faster economic growth, address the challenge of creating more employment opportunities, bring in more foreign direct investments (FDI) and increase exports for greater competitiveness. Prabhu will be representing India in the upcoming Regional Comprehensive Economic Partnership (RCEP) negotiations and the upcoming WTO Ministerial in Buenos Aires in December. He will be facing the tough challenge of championing India’s trade interests at RCEP and will have to look for a permanent solution on public stockholding for India’s food security, as promised at the Bali Ministerial 2012, by the WTO members. He will also be announcing the new industrial policy which will be released this October to take the country out of the current industrial slump. A new industrial policy proposal was initially announced by Nirmala Sitharaman. Apart from that, Prabhu will also have to finalize the new Foreign Trade Policy for 2020-2025.

Nirmala Sitharaman, in her tenure as the minister of commerce, introduced several schemes for the benefit of the Indian startup ecosystem. She recently constituted a task force on artificial intelligence to leverage AI for development across various fields and launched a Rs. 2000 crores credit fund guarantee scheme for startups. She also successfully set up the Startup India Hub, a virtual platform to host startups, investors, funds, mentors, academia, incubators, accelerators, corporates, government bodies and more in order to be a dynamic and interactive platform.

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  1. Ndjylpxb

    May 28, 2025 at 6:00 am

    اكتشف أفضل الكازينوهات على الإنترنت لعام 2025. قارن بين المكافآت واختيارات الألعاب ومصداقية أفضل المنصات لألعاب آمنة ومجزيةعرض المكافأة

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Apple’s iOS 18.7 vs iOS 26: Which Update Should You Choose for Your iPhone in 2025?

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StartupStories iOS 26

Apple’s recent iOS 18.7 rollout provides a secure alternative to the visually revamped iOS 26, empowering iPhone users to choose between system stability and next-generation features. While iOS 18.7 focuses on important security updates and bug fixes, it maintains the familiar iOS experience for users of older devices like iPhone XS, XS Max, XR, and SE models up to the 16e. The update is lightweight—about one-fifteenth the size of iOS 26—which means quicker downloads and less storage consumption. It’s designed for reliability and fast installation, making it ideal for users who prioritize a stable and secure operating system over design changes.

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Choosing between iOS 18.7 and iOS 26 depends on each user’s priorities—those seeking guaranteed stability and fast security fixes should consider sticking with iOS 18.7, while users excited about premium features and visual changes should migrate to iOS 26 if their device supports it. Both updates are available through Software Update settings, and Apple will support iOS 18.7 for only a limited duration, eventually encouraging all users to transition to the latest platform. This dual update strategy ensures every iPhone user can safely update their device for a seamless and secure experience in 2025.

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Deep-Tech Startup EndureAir Raises INR 25 Crore from IAN Alpha Fund to Boost Drone Innovation

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