In 1983, when India won the cricket World Cup for the first time under the captaincy of Kapil Dev, Pranab Mukherjee was the finance minister in the central government led by Indira Gandhi. Today, 28 years later, Mukherjee is again the finance minister of the country. And the Indian cricket team has again won the cricket World Cup.
Former US defense secretary Donald Rumsfeld once had to catch Mukherjee in Kirnahar during the Puja.
He reminded the officials that it was because of increased tax buoyancy and collection efforts of Revenue departments that the government was able to waive off the loans to farmers amounting to Rs 71,000 crore (Rs 710 billion).
The government banks on the support of the Bharatiya Janata Party to push the Insurance and LIC Bills in the next Parliament session, but it seems to have adopted different tactics on the Goods and Services Tax (GST) Bill.
Ahead of his meeting with Congress members of Parliament to allay their apprehensions on FDI, Mukherjee met Gandhi at her 10, Janpath residence for about 10 minutes, party sources said.
On the eve of the Supreme Court hearing of his petition on age, Army Chief Gen V K Singh on Thursday met Finance Minister Pranab Mukherjee who has been informally acting as a trouble-shooter in the controversy.
Union Finance Minister Pranab Mukherjee accused Bharatiya Janata Party of being responsible for the Rajya Sabha's failure to pass the Lokpal Bill by changing its stand within 24 hours.
Government will lay greater emphasis on social sectors, finance minister said.
The government today said the proposed Financial Stability and Development Council, an inter-regulatory agency headed by the finance minister, would not act as a super regulator.
Finance Minister Pranab Mukherjee on Tuesday asked banks to tap the vast opportunity provided by the semi-urban and rural markets by converting savings in these areas into financial assets.
Finance Minister Pranab Mukherjee on Monday said the hike in prices of petroleum products will have some inflationary impact in the short-term but price pressures will moderate from the middle of July.
Ahead of a crucial meeting of the Centre on Kashmir, state Chief Minister Omar Abdullah met Finance Minister Pranab Mukherjee and Defence Minister A K Antony to seek their support on the partial withdrawal of the Armed Forces Special Powers Act from the state. Sources said Omar had met Mukherjee late on Wednesday night at the latter's residence for about half-an-hour, during which the chief minister presented his case for withdrawal of the AFSPA.
Mukherjee advised European and American policymakers to follow regulatory mechanism on the lines of the Indian banking system.
After startling revelations of a possible security breach in his office came to the fore, Finance Minister Pranab Mukherjee on Tuesday said that investigating agencies found nothing during their probe at his office. In September last year, Mukherjee wrote to Prime Minister Manmohan Singh, asking him to order a "secret inquiry" about the presence of "planted adhesives" in 16 key locations in his office, a leading English daily had reported.
Union Finance Minister Pranab Mukherjee on Sunday assured that West Bengal would be provided all assistance to tide over its financial crisis.
Union Finance Minister Pranab Mukherjee on Sunday said that the leaders of the civil society movement for a Lokpal Bill have given an impression as if they have become legislators.
With the fall of Congress, Chidambaram's political graph too started moving southwards.
Finance Minister Pranab Mukherjee on Wednesday proposed a three-rate structure for the Goods and Services Tax -- which will simplify the indirect tax regime -- under which goods will attract 20 per cent levy, services 16 per cent and essential items a concessional 12 per cent.
Finance Minister Pranab Mukherjee on Wednesday said that the government would talk to its allies on the issue of fuel price hike but gave enough hints that a rollback would be difficult.
"I will miss his tantrums" is what Congress president Sonia Gandhi said while bidding farewell to Pranab Mukherjee from the Congress Working Committee at a meeting which formally approved his name as the United Progressive Alliance's presidential nominee in June 2012.
During the last few years, finance ministers like P Chidambaram and Jaswant Singh limited their pre-Budget discussions to representatives from the industrialists' lobby, economists, farmers and trade unions. This time, Pranab Mukherjee has held exclusive meetings with exporters, the financial sector, electronics and information technology. He will also hold a meeting with the finance ministers of the states.
It raises three major questions - the incentive compatibility issue, the fairness issue and fiscal challenge, said Panagariya.
Finance Minister Pranab Mukherjee spelt out the details of the United Progressive Alliance's austerity measures on Friday, saying he has advised ministers to travel in the Economy Class domestically and in the Business Class during international travel. The Finance Ministry has asked the various ministries to ensure a 10 per cent cut in non- planned expenditure, except in expenses related to security.
Far from the rough and tumble of politics, Union Finance Minister Pranab Mukherjee is in Kolkata at his ancestral home at Miriti in Birbhum district to perform Durga Puja as he has been doing every year.
Union Finance Minister Pranab Mukherjee on Monday said the Telangana issue cannot be discussed in Lok Sabha unless the Andhra Pradesh assembly passes a resolution for a separate state
"I extend puja greetings (Saradiyar Subhecchha) to all people and wish them well," a relaxed Mukherjee said while leaving for his ancestral home with his wife.
Mukherjee is in Washington, DC to co-chair the US-India CEO's Forum with US Treasury Secretary Timothy Geithner.
Finance Minister Pranab Mukherjee may have earned plaudits for projecting a decline in the fiscal deficit to 5.5 per cent of gross domestic product (GDP) for 2010-11, but his targets for revenue deficit reduction are relatively modest and represent a departure from the 13th Finance Commission's recommendations.
The announcement of the Assembly election schedule in five states between January 30 and March 3 has raised the possibility of rescheduling of the Budget for 2012-13 this year.
Launching his campaign for the Presidential election in which he appears set for a cakewalk, United Progressive Alliance nominee Pranab Mukherjee on Saturday appealed to all political parties to back his candidature, apparently eyeing Mamata Banerjee's Trinamool Congress. Mukherjee met UPA's key partner Dravida Munnetra Kazhagam's president M Karunanidhi at his residence in Chennai, formally kick-starting the campaign.
Goyal is expected to discuss the targets for the banks for 2019-20, as well as priority sector lending, recovery on non-performing assets, and the bankruptcy proceedings of various companies, which owe money to the banks.
Agriculture output has been reduced due to adverse impact of shortfall in rain or floods in some parts of the country.
Pranab Mukherjee, who will be on a five-day visit to US from September 21, will address the 8th Annual India Investment Forum Meeting.
Mukherjee presented the Union Budget in the Parliament on Friday.
Mukherjee said the high inflationary pressure, specially in food and some non-food articles, existed in other emerging economies also.
Pranab Mukherjee proposed a separate entity for bank recapitalization.
Finance Minister Pranab Mukherjee on Monday said that G-20 countries, a club of developed and developing nations, have agreed to continue with the stimulus packages till the global economy fully recovers.
A day before taking charge, Finance Minister Pranab Mukherjee on Sunday met senior officials of the ministry to discuss issues related to the economy.
"Despite the global economic crisis, we grew by 6.7 per cent last year...This year, we are getting mixed signal," Mukherjee said, while noting that indicators are coming good from industrial production data and in terms of business demand and investor confidence.
"I am complimenting the way in which one is managing finances, given the constraint that we are in", said Kochhar, ICICI Bank CEO and managing director.
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