Had no role in Manmohan Singh’s ouster from RBI: President Pranab Mukherjee in his new autobiography

Written by | January 29, 2016 | 0

New Delhi: Should Indian Prime Minister or Finance Minister meet industrialists individually? President Pranab Mukherjee has posed this question in his just released autobiography.

He has answered the question himself by stating that his meetings with industrialists, individually or collectively, were very important. This, the President said, is what he had followed during his tenure as Finance Minister and Commerce Minister unlike V P Singh who was “adamant” about not having any one-on-one meetings with industrialists. Mentioning about the period between 1998 and 1991, which was marked by social and political turmoil in the country, Mukherjee cited differences in approach between him and V P Singh, who was appointed as Finance Minister under the Rajiv Gandhi government.

“For instance, as Finance Minister, he was adamant about not having any one-on-one meetings with industrialists. My view–which I followed during my tenures as the Finance and Commerce Ministers–was that meetings with industrialists, individually or collectively, were very important to get an overall understanding of specific contexts. “In other words, how can a Finance Minister or Prime Minister not meet industrialists?,” the President asked in the memoir–“The Turbulent Years- 1980-1996”.

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