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Pranab Mukherjee as Union Finance Minister

About Pranab Mukherjee as Union Finance Minister

Pranab Mukherjee is presenting the Indian Union Budget 2010-2011 on February 26, 2010 in the Parliament.

Pranab Mukherjee as Union Finance Minister Timeline

As Finance Minister (Additional Charge)

Mukherjee took additional charge of Ministry of Finance upon assignment by President Pratibha Devisingh Patil from January 24, 2009 onwards till the Prime Minister Dr. Manmohan Singh recovers after undergoing medical treatment. Earlier to Manmohan Singh took the charge of Finance after P Chidambaram was moved to become the Home Minister.

As Finance Minister (Second Term; Since May 2009)

  • Pranab Mukherjee was given the Finance Ministry portfolio when the UPA Government was back to power for the second consective term in May 2009.
  • In July 09, Mukherjee said that the Government has decided to substantially improve the pension of pre 01.01.2006 defence pensioners below officer rank and bring pre 10.10.1997 pensioners on par with post 10.10.1997 pensioners. He said budget proposals for the year 2009-10 in Lok Sabha, Mukherjee said that it was based on the recommendation of the Committee headed by the Cabinet Secretary on One Rank One Pension (OROP)
  • In September 09, he gave a clear and firm message that ministers and bureaucrats who are entitled to travel on state expenses should undertake domestic travel in economy class. He himself flew in an economy class of a budget airline from Delhi to Kolkata during the month. At an interactive session of the Confederation of Indian Industry, he said a Bill on direct tax code will be introduced during the winter session of Parliament; the new Bill is expected to come into effect from April, 1, 2011. He said the government will get into other measures like reducing non-plan expenditure to the extend of 10% but this doesn't mean compromise on VIP-security issues.
  • On September 23, 2009, he said that India's economic growth for September 09 will be better than that of June 09.
  • In October 09, Pranab promised India's contribution to South-South experience exchange facility.
  • In August 2010, he said the Union Government is in touch with the Uttar Pradesh authorities over farmers protest. Earlier, the Lok Sabha was adjourned till 2 p.m after lawmakers refused to allow proceedings to progress in protest against the death of three farmers in police firing in Uttar Pradeshs Aligarh and Mathura regions.
  • Pranab Mukherjee addressed the 42nd Annual Conference of Southern India Regional Council of the Institute of Chartered Accountants of India (ICAI) on November 28, 2010. Speaking on the occasion, he asked Chartered Accountants to apply accounting standards uniformly and assist in presenting the true picture of the financial health of the company while ensuring accountability in all aspects.

Pranab Mukherjee as Union Finance Minister in News

With Pranab gone, Vodafone top boss to meet Ahluwalia today
Hours after former Finance Minister Pranab Mukherjee filed his nomination papers for presidential polls, and a day after Prime Minister's admission that there are problems on the tax front, Vodafone India Chairman Analjit Singh will meet Deputy Chief of Planning Commission Montek Singh Ahluwalia, here on Thursday.

Pranab Mukherjee resigns as Finance Minister
Finance Minister Pranab Mukherjee submitted his resignation to Prime Minister Dr. Manmohan Singh on Tuesday evening to contest the presidential election.

'I stand ready to embark on a new journey': Pranab Mukherjee
Finance Minister Pranab Mukherjee, who will tender his resignation in a short while from now before filing his nomination for the presidential poll, turned emotional on Tuesday, saying he stands ready to embark on a new journey.

UPA Prez nominee Pranab Mukherjee to resign at 4: 30 p.m. Tuesday
Finance Minister Pranab Mukherjee, who is all set to emerge victorious in the race to Raisina Hill, will resign later this afternoon.

CWC gives farewell to Prez nominee Mukherjee
The Congress Working Committee (CWC) met at party president Sonia Gandhi's official 10, Janpath residence here on Monday to give its farewell to UPA nominee and Finance Minister Pranab Mukherjee, who is all set to file his nomination papers for the most coveted post of President of India later this week.

CWC to bid farewell to Pranab Mukherjee
The Congress Working Committee (CWC) is meeting here on Monday to discuss the presidential election.

PM hopes TMC will back Mukherjee for president
Prime Minister Manmohan Singh has expressed hope that the disgruntled Trinamool Congress (TMC) will extend its support to outgoing Finance Minister Pranab Mukherjee's candidature for president.

Mukherjee seeks support for Prez poll
Finance Minister Pranab Mukherjee, who is the UPA's presidential candidate, on Saturday made an earnest appeal to the leaders of various political parties to back his candidature in the race for Raisina Hill.

Prez poll: BJP attempts to persuade JD-U and Shiv Sena
The Bharatiya Janata Party (BJP) on Friday made an attempt to persuade its allies, the Janata Dal-United (JD-U) and the Shiv Sena, to back former Lok Sabha speaker P.A. Sangma for the presidential poll.

Raisina Hill race: NCP confident of Sangma supporting Pranab
Despite P.A. Sangma remaining defiant over contesting the presidential poll as a candidate of the Tribal Forum of India, Nationalist Congress Party (NCP) leader D.P. Tripathi on Tuesday expressed confidence about the former Lok Sabha speaker supporting UPA nominee and Finance Minister Pranab Mukherjee for the post of President of India.

TDP yet to finalise its choice for presidential polls
Telugu Desam Party chief Chandrababu Naidu on Tuesday said his party was yet to finalise a candidate for the presidential elections.

Prez poll: TMC to decide on future strategy at appropriate time
With former President Dr. A.P.J. Abdul Kalam deciding not to contest the presidential poll against UPA nominee Pranab Mukherjee, Trinamool Congress (TMC) leader Sudip Bandyopadhyay on Monday said that his party chief Mamata Banerjee will take an appropriate decision at the appropriate time over the future strategy.

'Pranab Mukherjee is an excellent candidate': Maneka Gandhi
Bharatiya Janata Party (BJP) leader Maneka Gandhi, who met Finance Minister Pranab Mukherjee here on Monday, described him as an excellent candidate for the coveted post of President of India.

Raisina race: Kalam chapter closed now, says Mulayam
With former President Dr. A.P.J. Abdul Kalam finally ruling out that he was not in the race for Raisina Hill, Samajwadi Party (SP) supremo Mulayam Singh Yadav on Monday expressed confidence about United Progressive Alliance (UPA) nominee and Finance Minister Pranab Mukherjee taking charge as the 13th President of India.

Kalam refuses to contest against Pranab Mukherjee
Former President Dr. A.P.J. Abdul Kalam has finally decided not to return to the Rashtrapati Bhavan, saying he never aspired to serve another term or show interest in contesting the election for the coveted post against UPA nominee and Finance Minister Pranab Mukherjee.

Bihar CM Nitish for consensus on Prez candidate, says NDA undecided
Emphasizing the need to arrive at a consensus over who will be the next President of India, Bihar Chief Minister Nitish Kumar on Monday said the NDA is still discussing the most viable option.

Odisha CM Patnaik backs Sangma for president
Odisha Chief Minister Naveen Patnaik has said that he backed tribal leader Purno Sangma for the post of the president, and added that his choice for this highest position is 'succinct' and 'appropriate'

RBI hikes ECB limits by $10 billion
In an endeavor to check the rupee slide and improve markets, the Reserve Bank of India (RBI) today hiked the limit of external commercial debt by $10 billion.

Govt. to take measures to improve market conditions: Mukherjee
Asserting that the basic fundamentals of Indian economy are strong, Finance Minister Pranab Mukherjee today said the government in consultation with the Reserve Bank of India (RBI) will announce certain measures on Monday to improve the market conditions.

India to take steps to improve its credit rating
The Government of India is all set to take a slew of measures to streamline and improve its growth rate figure consequent to Fitch and Standard and Poor's downgrading the country's credit rating.

Annual food inflation eases to lowest in six years
Union Finance Minister Pranab Mukherjee on Thursday said that annual food inflation eased for a ninth straight week to its lowest in nearly six years in mid-December on improved supplies.

Government of India in damage control mode, talks to allies
With West Bengal Chief Minister and Trinamool Congress (TMC) chief Mamata Banerjee's amendments gradually garnering support from other regional parties, Finance Minister Pranab Mukherjee met Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav and Bahujan Samaj Party (BJP) leader Satish Chandra Mishra to find a way out.

Narayanasamy says whip issued to all Congress MPs
Minister of State in the PMO V Narayanasamy on Thursday said a whip has been issued to all Congress Rajya Sabha MPs asking them to be present in the house today during voting and debate on the Lokpal Bill.

Sonia says real face of BJP has come to the fore
Criticising the main opposition for not voting in favour of making Lokpal a Constitutional body, Congress President Sonia Gandhi on Wednesday said that the real face of the Bharatiya Janata Party (BJP) has come to the fore.

Khurshid happy with Lokpal Bill, disappointed as it failed to get Constitutional status
Union Law and Justice Minister Salman Khurshid has expressed disappointment over the Constitution Amendment Bill on Lokpal failed in the Lok Sabha.

Yashwant Sinha demands PM's resignation over passage of Lokpal Bill
Soon after the Lok Sabha passed the much-anticipated Lokpal Bill to create an anti-corruption body, Bharatiya Janata Party (BJP) leader Yashwant Sinha said Prime Minister Manmohan Singh should immediately resign from his post and leave office as the manner in which the Bill was passed was incorrect.

Lok Sabha creates history, passes Lokpal Bill
The much-awaited Lokpal Bill was passed in the Lok Sabha on Tuesday evening after certain amendments.

Pranab Mukherjee pleads for a Lokpal Bill, reflecting views in Parliament
Asserting that the government is not insensitive to the needs of the Members of Parliament and of the outside forces, Finance Minister Pranab Mukherjee on Tuesday said the legislation on the Lokpal Bill must be done on the floor of the House.

Govt. introduces Money Laundering Bill in Lok Sabha
In an endeavour to bring prevention of money laundering legislation on par with global norms, the government today introduced a Bill to allow confiscation of proceeds of crime even during the trial.

Concrete amendments are in progress to further strengthen Lokpal Bill: Yechury
Asserting that the Lokpal Bill would be framed by Parliament and not by any other entity, Communist Party of India (Marxist) lawmaker Sitaram Yechury on Monday assured the implementation of an effective anti-graft bill.

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