PM to keep Finance portfolio: Reports
New Delhi: With Finance Minister Pranab Mukherjee demitting office to contest the Presidential election, there are indications that the key ministry would be handled by Prime Minister Manmohan Singh himself.
Reports say the Prime Minister may run the Finance Ministry with the assistance of the two Ministers of State (MoS) Namo Narain Meena and SS Palanimanickam. A team of experts will also help the Prime Minister, reports add.
Highly placed sources in the government indicate that UPA chairperson Sonia Gandhi is not keen on giving the finance portfolio to an “outsider”.
Kaushik Basu, the Prime Minister`s own economic adviser, wants Manmohan Singh to take charge of the Finance Ministry after Mukherjee demits office.
"Prime Minister is a very trained economist... He was there in the 1991 reforms ... (although) it is a political decision... Who comes and goes... But one thing is for sure that he is extremely capable," Basu had told a TV channel.
Singh, however, is keeping cards close to his chest on Pranab’s successor so far.
"I have been churning it in my mind. Quite honestly I have a number of issues which I have to resolve. It will not be proper for me to announce while I am outside the country. When the decision is taken, you will get to know about it," he had told journalist.
The possibility of Singh holding additional charge of Finance arises more particularly in view of the difficult situation country’s economy is passing through.
Singh had earlier kept the charge of Finance Ministry for a short span during the UPA-I when P Chidambaram was moved to Home in the wake of Mumbai terror strikes in November 2008.
More from India
More from World
More from Sports
More from Entertaiment
- Over 60 cadets killed in Pakistan police academy attack
- Panel discussion over vote bank politics on Hinduism
- DNA: Terrorists' new strategy of snatching weapons from Indian security personnel
- Watch: PM Narendra Modi's ''progressive'' remark on triple talaq
- Panel discussion over delayed development in Ayodhya
- Explosion in Delhi's Naya Bazar, one killed; anti-terror wing, Special cell at spot
- WATCH: Akhilesh Yadav's emotional speech revealing the real reason behind Samajwadi Party crisis; he was about to cry
- India vs New Zealand: Awestruck Kiwis witness MS Dhoni driving his Hummer in Ranchi, and photo goes viral
- Lashkar-e-Toiba claims responsibility for Uri attack in posters pasted in Pakistan town
- Naya Bazar explosion: Home Ministry seeks report from Delhi Police; one dead, 5 injured