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P.Chidambaram Birthday Special
Palaniappan Chidambaram is an Indian politician affiliated with the Indian National Congress and a former Union Minister of Finance of the Republic of India. Mr. Chidambaram is a corporate lawyer and an important member of the last Congress led government.
He has been the Finance Minister since May 2004, except for a three and a half year stint beginning November 2008 as Home Minister, in the wake of the 2008 Mumbai terror attacks. Mr. Chidambaram returned as Finance Minister in July 2012, succeeding Pranab Mukherjee, who demitted office to become the President of India.
In the budget for 1996-97, Chidambaram brought discipline in government spending and launched an ambitious tax reform program to tackle an unwieldy fiscal deficit. While, in the Budget of 2008, his move to waive off farmer debt has played a role in boosting aggregate demand in the Indian economy, thereby effectively insulating India from the impact of recession.He is a known supporter of the Gandhi dynasty.
In particular, he has been supporting Rahul Gandhi, because of whom, people allege, congress suffered a humiliating defeat in the general elections of 2014 in India.
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