Chidambaram refusal to contest election is a blunt admission of his role in economic debacle of India
Chidambaram refusal to contest election is blunt admission of his role in economic debacle of India
BJP leader and former Finance Minister Yashwant Sinha war of words over P Chidambaram has cited the dismal state of the economy as the reason for not contesting this year's general election by Chidambaram.
Yashwant Sinha was justified in blaming,"Not contesting polls is Chidambaram's no-trust against himself". But the bigger embarrassment lies with P Chidambaram due to his inability in offering a satisfactory reply to latest salvo list of 18 questions posted to him by Yashwant Sinha.
Mr Chidambaram had derided as "puerile" , this list of 18 questions posted to him by the BJP leader and described him as a "distant memory', and tried in vain to defend his decision not to contest this year's election by saying, "I have categorically denied I am retiring from politics. I am not contesting elections because I want to do other things in life." ( INDIA HONEST regrets , why this thought did not stuck Cidambarm four years back.)
The Finance Minister took umbrage at Mr Sinha calling him a "spoiler" for the economy and had unleashed an "economic fact sheet" to defend his government's economic policies and switching fast gear to changing the topic by launching a fierce attack on the BJP's prime ministerial candidate Narendra Modi.
Chidambaram said,"Modi has deep character flaws",one most repeated gimmick used by his party by alleging that the BJP candidate is a divisive leader who fuels communal tension.This of course is a nasty tactics by a finance minster to avoid answering economic debacle of UPA2.
Chidambaram lost his wit merged with his cool on Modi, who as a Chief Minister of Gujarat, is often credited with overseeing twelve years of Gujarat's fastest growth, when he said, "His brand of capitalism is crony capitalism," .
INDIA HONEST hoped , it would have been better if the Harvard-trained finance minister Chidambaram along with Congress' economist Prime Minister, had sensed the consequence of the economic malaise at least four years earlier and opted to resign then, India would have been saved from this worst economic peril , not seen in last three decades.