Chidambaram as FM in UPA III? I am not an MP!
WHEN asked whether he could again be the Finance Minister in the eventuality of UPA-III coming to power, Finance Minister Chidambaram said yesterday - I am not an MP.
Dr. Manmohan Singh was not an MP when he became the FM in 1991.
Chidambaram said that he would vacate the Ministerial Bungalow soon after the results of the Lok Sabha polls are out.
Chidambaram said that the economy had stabilised and hoped this would help in reviving investments.
He said that the domestic capital expenditure of about 23 public sector undertakings - including Navaratnas and Mini Ratnas - for the current fiscal would be - 1.33 lakh crore. The provisional figure of capital expenditure for these PSUs in the last financial year was - 1.25 lakh crore.
Chidambaram said the Centre had decided to withdraw the offer of non-binding conciliation to Vodafone. The Government will now defend its case when it comes up for arbitration.