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Despite the coronavirus chaos, the astonishing rise of British Finance Minister Rishi Sunak



Despite the coronavirus chaos, the astonishing rise of British Finance Minister Rishi Sunak

Rishi Sunak is the first British Minister of Finance of India (Archive)

London:

Rishi Sunak was appointed as the Chancellor of the Exchequer after only five years in politics because of his age and relative lack of experience.

But he is now the subject of leadership speeches, because he is one of the few ministers who are largely unaffected by the government’s handling of the coronavirus pandemic.

Sunak turned 40 in May. He entered parliament in 201

5, but it was not until 2018 that he entered the ranks of the most junior government.

When Finance Minister Sajid Javid resigned in February this year, Prime Minister Boris Johnson unexpectedly promoted him to the country’s second most important political position.

The mission of Sunak, who was little known at the time, was to convey Johnson’s vision of a grand public expenditure project that won the election to boost the economy after Brexit.

His first budget won praise for its content and smooth delivery, but due to the arrival of the coronavirus pandemic, the plan was immediately hit by a torpedo.

Sunak did not feel disappointed by this, but was thought to have taken bold steps and provided extensive publicly funded vacation programs to ensure jobs affected by the lockdown.

It turns out that his initiative to partially subsidize restaurant meals with public funds is very popular, and with the plummet of colleagues and bosses, his opinion polls remain high.

“The Guardian” columnist Andy Beckett wrote earlier this month: “In many ways, Sunak is a traditional British political genius.”

“He speaks fluently in public, rarely lies, and looks good in a suit. Next to Johnson, these useful but not outstanding qualities seem to be more attractive than they should be.”

A political veteran said in the latest report in “Tatler” magazine that Sunak reminded him of a “new face” Tony Blair, who became prime minister in 1997 at the age of 43.

The current act of generosity comes at the cost of Britain’s coveted debt, which will then need to increase taxes or cut public spending, which will be a real test of Shanak’s reputation and leadership qualifications.

First Hindu Prime Minister

Sonak was a private wealthy man in his previous career, perhaps better known in India than his wife Akshata in England.

She is the billionaire co-founder of Infosys, India’s second largest IT outsourcing company, and the daughter of business tycoon Narayana Murthy.

Sunak was the first Hindu minister of the United Kingdom, and he dedicated his pledge of allegiance to the Bhagavad Gita in Parliament.

He was also the first person born in the 1980s to serve as one of the four so-called Secretary of State: the Prime Minister, the Secretary of Finance, the Secretary of Foreign Affairs and the Secretary of the Interior.

Sunak is a member of Parliament in Richmond, Yorkshire, northern England. This is the security and conservative seat he took over in 2015 from former party leader and foreign secretary William Hague, who described Sunak as an “exceptional individual”.

Theresa May gave him his first government job in January 2018, making him the Deputy Secretary of State of Parliament, responsible for local government, parks, and troubled families.

Sunak, a supporter of Brexit, published a report in 2016 on the advantages of introducing a free port after leaving the EU-Johnson chose this concept for his leadership campaign.

Sunak’s grandparents were from Punjab and immigrated to the UK from East Africa in the 1960s.

Sonak told MPs in his first speech that they “rarely” arrive.

Sunak is the eldest of three children. His father is a family doctor in Southampton on the southern coast of England. His mother runs a local pharmacy.

He was born in Southampton on May 12, 1980 and attended Winchester College, one of the leading private boarding schools in the UK.

After waiting for a table in a local Indian restaurant, Sunak studied at Oxford University and received a first-class honors degree in philosophy, politics and economics.

Subsequently, Sunak won a Fulbright scholarship and received an MBA from Stanford University in California.

He met his wife Akshata at Stanford, who lived in California before returning to England.

The couple now have two young daughters, Krishna and Anushka, who were married in Bangalore in 2009.

Guests include Wipro chairman Azim Premji and former test team captain Anil Kumble.


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