FORA.tv Speaker - Pranab Mukherjee
Pranab Mukherjee is the current Finance Minister of India. He has a parliamentary career of nearly five decades, which began as a member of Rajya Sabha (upper house) from the Congress Party in 1969; he was re-elected in 1975, 1981, 1993 and 1999. In 1973, he joined the cabinet as Union Deputy Minister, Industrial Development.
He rose through a series of cabinet posts to become the Finance Minister of India from 1982 to 1984. In 1984, he was rated as the best Finance Minister of the World according to a survey of Euromoney magazine. His term was noted for India not withdrawing the last US$ 1.1 billion instalment of an IMF loan. Dr. Manmohan Singh was serving Reserve Bank of India as Governor during Pranab's term as Finance Minister. He was victimised by a coterie of Rajiv Gandhi by not being included in his cabinet after Lok Sabha election held subsequent to Indira Gandhi's assassination. He was pushed out of the Congress party for a brief period, and during this period he formed his own political party Rashtriya Samajwadi Congress, but later merged it with Congress party in 1989 after settlement with Rajiv Gandhi. His political career revived when P. V. Narasimha Rao chose to appoint him as deputy chairman of the planning commission and subsequently as a union cabinet minister.
He served as External Affairs Minister for the first time from 1995 to 1996 in Rao's cabinet. In 1997 he was voted Outstanding Parliamentarian. He was the son of Late Shri Kamada Kinkar Mukherjee and Late Smt. Rajlakshmi Mukherjee. He married Suvra Mukherjee on July 13, 1957 and has two sons and a daughter. His hobbies are reading, gardening and music.
11.10.09 | 00:56:16 min
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