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Pranab Mukherjee

India will stick to its approach on climate change: Pranab

November 28, 2009 India

Finance Minister Pranab Mukherjee Saturday said India would stick to its approach while addressing the climate change issue in the run-up to the Copenhagen summit next month by seeking clean and green technology at affordable cost.
Speaking to the media here Saturday, Mukherjee said that the concerns of India and China, two of the fastest developing [...]

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Pranab laughs off Omar Sheikh’s hoax calls

November 28, 2009 India

Finance Minister Pranab Mukherjee Saturday laughed off an episode in which a jailed terrorist called up Pakistan President Asif Ali Zardari and other top officials posing as Mukherjee that virtually brought nuclear neighbours to the brink of a war last year.
Mukherjee did not say much when asked about recent reports that Pakistan-based terrorist Omar Sheikh, [...]

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Dubai World woes don’t warrant panic: Mukherjee

November 28, 2009 India

Finance Minister Pranab Mukherjee Saturday said there was no need to panic over the potential adverse impact on the country’s economy due to the multi-billion-dollar debt default risk faced by Dubai World, among the largest conglomerates in the region.
“There is no need to press the panic button,” Mukherjee told reporters here after delivering the P.N. [...]

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Deeply concerned over rising food prices: Mukherjee

November 26, 2009 Business

Finance Minister Pranab Mukherjee Thursday said the government was “deeply concerned” about rising food prices and would take fiscal and monetary steps to deal with the issue.
“We are deeply concerned when prices go high, when people suffer,” said Mukherjee during a discussion in the Lok Sabha over rising food prices.
Replying to questions on the minimum [...]

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States also have responsibility to control price rise: Pranab

November 26, 2009 Business

Finance Minister Pranab Mukherjee Thursday said that state governments too have a responsibility to control the shooting prices of essential commodities.
Intervening in the discussion in the Lok Sabha on the price rise, Mukherjee said “from the field to market, there is a huge mismanagement”.
He said the government was concerned about the rising prices of essential [...]

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Heated exchange between Pranab and BJP MPs over Advani’s 26/11 demand

November 26, 2009 India

The government’s reluctance to respond to Leader of Opposition L.K. Advani’s demand for coordinated action by various agencies to provide relief to people affected by 26/11 led to a heated exchange between Leader of the House Pranab Mukherjee and Bharatiya Janata Party (BJP) MPs in Lok Sabha Thursday.
Raising the issue during zero hour, Advani asked [...]

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Pranab Mukherjee accelerates central schemes to benefit the common man

October 29, 2009 Business

New Delhi: Finance minister Pranab Mukherjee has asked state finance secretaries for prompt release of funds for all central schemes. The aim is to speed up the implementation to benefit the common man.

“The objective is to enhance the welfare of people and economic development,” Mukherjee said. He said finance secretaries will provide the lead in [...]

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India’s finance minister is now a priest

September 26, 2009 India

Away from laying down national policies on tackling the slowdown and ensuring inclusive growth, Finance Minister Pranab Mukherjee is now busy being the priest for the traditional Durga Puja celebrations at his ancestral home here.
Wearing the pattabastra (a silk cloth worn for worshipping the deity), Mukherjee performed the puja rituals Friday and Saturday and [...]

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World Bank loans will be spent on infrastructure: Mukherjee

September 24, 2009 Business

Finance Minister Pranab Mukherjee Wednesday said 95 percent of the $4.3 billion World Bank grant would be spent on developing the country’s infrastructure.
“The World Bank has sanctioned $4.3 billion loans for India. At least 95 percent of the fund will be used for developing infrastructure,” Mukherjee said while addressing the 108th annual general meeting of [...]

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Dual listing for Bharti-MTN linked to full convertibility: Mukherjee

September 23, 2009 Business

A dual listing structure for the proposed Bharti-MTN deal is linked to full capital account convertibility and the legal implication of the matter needs to be looked at properly, Finance Minister Pranab Mukherjee said here Wednesday.
“The dual listing of the firms (Bharti Airtel and MTN of South Africa) is linked to full account convertibility and [...]

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