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Rediff.com  » Business » Manmohan not yet decided on FM

Manmohan not yet decided on FM

Source: PTI
May 20, 2004 15:16 IST
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Prime Minister-designate Manmohan Singh on Thursday kept up the suspense on who would be the next finance minister, saying he was yet to decide on the matter.

"I have not yet given a thought to it," Singh told reporters when asked if he would keep the finance portfolio to himself.

Return of Manmohanomics

It was during his tenure as finance minister in P V Narasimha Rao's government that India took the bold decision of starting economic reforms in 1991 after the country pledged its gold reserves to prevent a default in repayment of external debt.

There are speculations that the responsibility of the finance ministry might fall on senior Congress leader Pranab Mukherjee or former finance minister in United Front Government P Chidambaram, if Singh chooses not to retain the finance portfolio with him.
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