Time magazine projects Chidambaram as India's next PM
New Delhi, Apr 3: America's influential weekly magazine Time, in its latest edition, has projected Finance Minister P. Chidambaram as India's next Prime Minister.With the article titled "The Troubleshooter", the magazine says Chidambaram has the
Eight months ago, Time had written off Dr Manmohan Singh, the present incumbent as an "underachiever".
Praising Chidambaram for his “business-first approach,” the article says, over the past few years, Chidambaram has gone where the action is.
It highlighted Chidambaram's contributions in pushing economic reforms and also his initiatives towards handling of the Home Ministry in the wake of the 26/11 Mumbai terror attacks, saying he has had a happier track record.
“During his first stint (1996-98), he presented what came to be called, for its robust reforms, including deep cuts in income and corporate taxes, the dream budget. During his second term (2004-08), India's economy grew faster than at any point in its history,” the article noted.