Working under Jaitley was great learning experience: Ex-finance secy Lavasa

Former Indian Finance Minister Arun Jaitley

Former Indian Finance Minister Arun Jaitley

"It is with profound grief that we inform about the sad demise of former finance minister Arun Jaitley, Member of Parliament (MP) at 12:07 p.m. on Saturday".

Arun Jaitley has been suffering from multiple health conditions, including diabetes and high blood pressure.

Leaders cutting across party lines reached AIIMS to pay last respect to Mr Jaitley. "A brilliant lawyer, a seasoned parliamentarian, and a distinguished minister, he contributed immensely to nation building", he tweeted.

Shah, on the other hand, while speaking of Jaitley's death as a "personal loss" highlighted his achievements as the Union finance minister.

Jaitley and Swaraj were Union Ministers in the first term of the Prime Minister Narendra Modi-led Cabinet.

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His subsequent tweet read, "BJP and Arun Jaitley Ji had an unbreakable bond".

On Monday, BJP veteran LK Advani, Uttarakhand Chief Minister Trivendra Singh Rawat, UP Governor Anandiben Patel, Bihar Deputy Chief Minister Sushil Kumar Modi, Delhi LG Anil Baijal and BJP lawmaker Maneka Gandhi also visited the hospital to know about Jaitley's health.

Former prime minister Manmohan Singh called Jaitley "an eminent lawyer, an excellent orator, a very good administrator, and an outstanding Parliamentarian".

Jaitley, who was said to be critical, was reportedly put on life support. "I extend my heartfelt condolences to his bereaved family".

Indian President Ram Nath Kovind said he was extremely saddened by the news.

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India men's cricket team captain Virat Kohli, who worked with Jaitley during his tenure as the president of Delhi and District Cricket Association, also paid his tribute. As a student, he was a member of the Akhil Bharatiya Vidyarthi Parishad.

Arun Jaitley was born in 1952 to Ratan Prabha and Maharaj Kishen Jaitley.

"We first met when he was at DUSU and I was president of St. Stephen's College Union".

India's stock market took a hit after Jaitley announced a 10% tax on some long-term capital gains, saying stock market returns were "quite attractive and it was time to bring them under the ambit of capital gains tax". "He was a brilliant lawyer and parliamentarian, whom I personally admired and from whom I have derived enormous learning".

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