Vikrant Shekhawat : Nov 13, 2024, 09:47 AM
US News: US President Donald Trump has recently entrusted Tesla chief Elon Musk and millionaire entrepreneur Vivek Ramaswami with a major responsibility in his administration. Trump has announced that Musk and Ramaswami have been given the responsibility of leading the "Department of Government Efficiency" (DOGE). The purpose of this department is to reform the government bureaucracy, cut wasteful spending, reorganize federal agencies and increase efficiency.Trump's thinking: Reduction and reform in government spendingDonald Trump said in his statement that Elon Musk and Vivek Ramaswami will guide the reforms needed to make his administration more effective and smooth. Trump says that both leaders will play an important role in making the processes of government work transparent and economical. Trump said that the Department of Government Efficiency will conduct financial and performance audits of all federal agencies and suggest tough reforms, so that government spending can be controlled.Elon Musk's planElon Musk recently stressed the need to reduce government spending by $2 trillion. Musk had told reporters that he would focus on cutting regulations and making government policies more efficient, which could also benefit his companies, especially Tesla, SpaceX, X, and Neuralink.Role of Vivek RamaswamiVivek Ramaswami, a biotech entrepreneur, is known for his cost-cutting and efficient management in the corporate sector. Although he has no government experience, his efficiency and understanding of innovation have been praised by Trump. Ramaswami recently said that he had discussed possible roles in Trump's cabinet. He will have the opportunity to work with Musk to simplify the government process.Trump's victory and praise for MuskDonald Trump won a landslide victory in the presidential election by defeating Democratic rival Kamala Harris by 69 electoral votes in last week's election. In his victory speech, Trump praised Musk as an "amazing and super talented" person. He also said that Musk spent two weeks with him in Philadelphia and Pennsylvania during his election campaign, which played an important role in his victory.Department of Government Efficiency: A New InitiativeThis department will not only change government processes but will also be a symbol of important reform for the Trump administration. Under the leadership of Musk and Ramaswami, DOGE will try to bring changes in the government system, so that the public's taxes can be used better. Now it will be interesting to see how Musk and Ramaswami fulfill this new responsibility and improve government efficiency.