New Delhi, Dec 1: Outgoing Finance Minister, P Chidambaram on
Monday, Dec 1 assured that inflation would be moderate and economic
growth in India would be satisfactory. Speaking about the Home
Ministry portfolio he would be taking on (after Shivraj Patil's
resignation), he said , "I am moving today to the Ministry of Home
Affairs. I will be less than honest if I don't say I was
disinclined (to accept the new portfolio). But the final call is
taken by party leader -- in my case Congress President Sonia Gandhi
-- and Prime Minister Manmohan Singh."
"After four years of reasonably satisfactory growth, I was looking forward to an uneventful year. But it turned out to be the most eventful of my ministerial career," he said while referring to "first four months of rising inflation, food and commodity prices".
"The next four months witnessed global financial meltdown and the last four were even more eventful," a smiling Chidambaram said.
He said there were some incomplete work in the finance ministry but assured that "inflation will moderate and the economic growth will be satisfactory" under Manmohan Singh who will be holding the finance portfolio.
He said the Prime Minister will be holding the finance ministry "for the time being".
"Prime Minister was a governor of Reserve Bank of India, deputy chairperson planning commission and a finance minister... we need coordination of these three (in finance ministry) and he (Manmohan Singh) has held all the three position earlier," he said.