Saturday, February 29th, 2020

Reform-oriented budget is the Priority says Pranab

rakash Chandra Sao NEW DELHI. Continuing as full-time Finance Minister of the UPA government in its consecutive second term under Prime Minister Manmohan Singh, Pranab Mukherjee, the Congress party’s ‘man for all seasons’ is back at North Block. Having presented the interim budget for the first four months of 2009-10 as Finance Minister holding additional charge, Mr. Mukherjee’s prime task, after assuming charge on Monday, would be to unveil a reform and growth-oriented budget for the entire fiscal aimed at putting back on track the economy which has been reeling under the impact of a slowdown in the wake of the global financial crisis. Speaking to the media here after the allocation of portfolios, he said: “[The] Indian economy is resilient, strong and we shall have to build up and come back to the growth track as early as possible. We will be able to, I hope, present the budget in due time so that uncertainties can be avoided and time of spending can be renewed…We will address all major issues. Various efforts will be made to insulate the Indian economy from the adverse impact of financial meltdown.” Hailing from an obscure village in Birbhum district, Mr. Mukherjee has risen to become No. 2 in the corridors of power in Delhi, shaping government policies and programmes. In the polls for the 15th Lok Sabha, he played a major role in tying up with the Trinamool to inflict a crushing defeat on the CPI(M)-led Left Front.

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