Finance Minister and Central Banker of the Year: The regional winners
Taking over as finance minister from Manmohan Singh, the architect of India’s economic liberalization who served in the job for five years, was no straightforward task. But Palianappan Chidambaram was well suited to the role. As commerce minister in the previous Congress government of Narasimha Rao, this Harvard-trained lawyer from the southern state of Tamil Nadu had been closely involved with the process of liberalization.
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