Chidambaram, who is also senior spokesperson of Congress, said at the AICC briefing.
'I do not believe that you would have a booming economy when you go into elections if you had a budget which did not answer the fiscal deficit concerns.'
Eminent economist Montek Singh Ahluwalia was on Wednesday appointed deputy chairman of the Planning Commission.
Union Home Minister P Chidambaram on Tuesday called for the trifurcation of police in states by creating separate cadres for investigation and prosecution, besides one for the law and order handling.
M R Srinivasan focused on the peaceful use of nuclear power at a time when the popular view among the 'hawks' was that India should build a nuclear arsenal as a deterrent.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
Home Minister P Chidambaram and Planning Commission Deputy Chairman Montek Singh Ahluwalia rejected reports that they were locked in a turf war over the ambitious UIDAI project to give every Indian resident a unique ID number Aadhar.
The Indian economy grew by 4.9 per cent in 2013-14 fiscal.
Asserting that it was incorrect to say foreign consultants were in the Planning Commission, Union Finance Minister P Chidambaram has said only experts of Indian origin have been nominated to its consultative committees.
Finance Minister P Chidambaram on Monday announced in the Budget for 2005-06 that the Planning Commission has drawn up Tsunami relief programme costing Rs 10,260 crore (Rs 102.6 billion).
The Forum will host a special session on 'The reality of terrorism', to be initiated by Union home minister P Chidambaram. The deputy chairman of the Planning Commission, Montek Singh Ahluwalia, and commerce and industry minister Anand Sharma will be part of the Indian delegation.
Prime Minister Dr Manmohan Singh has convened a meeting of senior ministers on Tuesday to discuss the recommendations of the National Advisory Council on the Food Security Bill.
The former finance minister was in Mumbai to address Congress party's poll rallies.
The Planning Commission was better than the Niti Aayog as it used to take up the issues of the states with the ministries concerned.
Now, the commission will be between zero per cent to 0.5 per cent.
After a long debate with Planning Commission, Finance Minister P Chidambaram has finally agreed to consider funding infrastructure projects through the country's booming foreign exchange reserves that currently stand at about $170 billion.
In a letter to Union Finance Minister P Chidambaram, he said the proportional share between the Centre and the state in centrally sponsored schemes should be changed for the least developed states like the one existing for special category states now.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
Rajan Committee has evoked divergent reactions from the states.
Behind the GBS figures, to be revealed in the Budget next week -- lies a fierce tug of war between Finance Minister P Chidambaram and Planning Commission Deputy Chairman Montek Singh Ahluwalia in which Prime Minister Manmohan Singh eventually threw his weight behind the finance minister.
There were reports that some Commission officials were against the Rajan panel's suggestion to replace Gadgil- Mukherjee formula with Rajan Committee's Multi Dimensial Index for allocation funds to states.
Going by its past experience of differences between the central bank and the finance ministry, the government might prefer a person who could bridge this gap.
The Planning Commission may suggest an increase in education fees for higher education to Finance Minister P Chidambaram this year. Do you think this hike is justified?
Thursday's crucial meeting on Telangana to discuss the Shri Krishna Commission report is expected to be mired in another controversy with some political parties deciding to boycott it.
Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.
Both sides have already agreed on restructuring of the schemes and curtailing the subsidy bill, Ahluwalia told reporters after the meeting.
By keeping the Sanatana Dharma row alive and adding the Ayodhya temple consecration scheduled for January 22 and adding the free darshan promise from four polled states to the entire country, the BJP may have a self-fulfilling concoction, predicts N Sathiya Moorthy.
Constituencies that are going to the polls in the first phase, slated for April 19, have just 19 days for campaigning. Contrast that with those going to polls in the 7th phase, notes N Sathiya Moorthy.
Amid controversy over the Gujarat government's poverty figures, the Congress on Tuesday took a jibe at the Narendra Modi-led government, questioning if poor people were only migrating to that state.
Planning Commission on Monday welcomed Reserve Bank of India's decision to hike cash reserve ratio by 0.5 per cent to 5 per cent saying it is the right step to suck out excess liquidity
A cut in government spending would come at the cost of growth.
The finance minister admitted that there was no quick-fixes to economic problems and the government is working to stabilise the economy which may take time.
The country's new home minister, Palaniappan Chidambaram, today said he prefers a Congressman as his successor in the finance ministry, setting off speculation about the implication of his statement.
'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'
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