Pranab's flop show as finance minister
Pranab Mukherjee's final stint as finance minister lasted a little over
three years. It was a stint he is unlikely to recall with pride.
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Pranab Mukherjee
Pranab Mukherjee's final stint as finance minister lasted a little over three years. It was a stint he is unlikely to recall with pride. Coinciding with two global downturns which came in rapid succession, it saw India's growth slip badly . The rupee too fell steeply, industrial production headed for stagnation, the fiscal deficit and current account deficit soared, while inflation refused to be tamed. A look at key economic indicators during the Pranab era:
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Text by Sanjiv Shankaran
Graphic by Santosh Kushwaha
Data source: CSO, RBI
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Text by Sanjiv Shankaran
Graphic by Santosh Kushwaha
Data source: CSO, RBI