policy-making analysts say that while Indian Prime minister of religion Manmohan Singh, a seasoned economist who has aptly scripted the architecture of Indias sparing decades ago, allow for be able to help the country manoeuver clear through the times of global economic turbulence, the countrys future(a) Finance Minister Pranab Mukherjee, the former External Affairs Minister, will be there to assist him to achieve the goal.
The Prime Minister would continue the economic policies and various flagship programs which have been carried out in the past five years. Mukherjee, the second most senior leader, is probable to get the finance portfolio when the ministerial berths will be allocated in a couple of days, said S.K. Srivastava, a Delhi-based economic analyst.
Mukherjee is excessively seen as a stable hand and able semipolitical operator, with a history of pushing economic reforms, including signing up to a WTO agreement giving developing nations more annoy to global trade in 1994 when he was the Commerce Minister.
Together, these two leaders, along with the countrys Planning Commission Deputy Chairman Montek Singh Ahluwalia, another seasoned economist and the Prime Ministers most trusted aide, would be able to bring in economic stability, said Srivastava, adding that the governments primeval move would be to arrest recession and then reach jobs for the unemployed.
Ajay Singh, a psephologist, said: The trio would do the trick. Already the Indian stock markets are showing signs of economic stability at a time when the world so-called economic powers are facing a crisis and struggling to cope with recession, with people crossways the globe losing jobs and financial institutions going bankrupt.
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