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Chidambaram to have 'final' meeting with FinMin secretaries today

Last Updated: Monday, April 28, 2014 - 09:08

Zee Media Bureau

New Delhi: In what could be his last before the formation of the new government next month, Finance Minister P Chidambaram will on Monday meet all the five secretaries in his ministry to clear the backlog of files.

During the meeting, Chidambaram will also focus on fast-tracking the implementation of the decisions taken earlier besides clearing pending file.

Economic Affairs Secretary Arvind Mayaram, Revenue Secretary Rajiv Takru, Expenditure Secretary Ratan Watal, Disinvestment Secretary Ravi Mathur and Financial Services Secretary G S Sandhu will be attending the meeting with the finance minister.

The 9-phase general election will be come to an end with the counting of votes on May 16 and a new government is likely to be formed.

Regardless of the outcome of the result and who forms the government, the minister will not be a part of it as he is not contesting the elections. Therefore, the new government will see a new finance minister.

The minister has been shuttling between Delhi and Tamil Nadu. His son Karti Chidambaram is contesting the ongoing general elections from Sivaganga, a constituency which the Union Minister represents.

Sources said the minister was abreast of the major happenings in the ministry although he has not been able to attend office regularly.

Chidambaram had earlier said: "I will keep a firm hand on the wheel till the last day and I will hand over the wheel to a firm hand."

In the next two weeks, Finance Ministry officials would start preparatory work for formulating the 2014-15 regular Budget document.

Chidambaram had earlier presented the 2014 interim Budget, wherein he had lowered the fiscal deficit for the year ended March 2014 to 4.6 percent, from the earlier estimate of 4.8 percent.

The next Budget is expected be presented by the new Finance Minister sometime in July.

With PTI Inputs

First Published: Monday, April 28, 2014 - 09:08
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