The article also praised Chidambaram's February 28 budget presentation, saying it helped maintain India's credit-worthiness, which ratings agencies had threatened to downgrade. Many of the budget proposals had been in works but Chidambaram got them to the line.
“His third tenure will be defined by whether or not he can get India back on that path. So far, he has managed to peel off a layer of gloom when nobody else could,” it added.
DMK chief M Karunanidhi had expressed his support for Chidambaram for the top job, to which the Finance Minister had replied: “I know my limitations. And I live and conduct myself according to my limitations."
