Finance Minister P. Chidambaram awarded with Best Administrator in India Award.
Finance Minister P. Chidambaram on 20 December 2012 awarded with the Best Administrator in India Award instituted by K. Karunakaran Foundation.
The award was presented to him by Vice President of India, M. Hamid Ansari.
As a Minister in the Union Government, Mr. P. Chidambaram has held the important portfolios like Finance, Home and Commerce. He has won admiration for his vision, articulation, diligence and determination. He has been widely hailed as a reformer who has not shied away from taking tough and unpopular decisions in public interest We may recall his stint as Finance Minister in the late 1990s when he presented what was widely called a “dream budget” which gave a road map for economic reforms in India and lowered income and corporate tax rates. In the aftermath of the horrific Mumbai terror attacks in 2008, his tenure as Home Minister was marked by his dogged efforts at restructuring and modernizing our national security apparatus, which did provide a sense of security and calm to a traumatized and angry population.
P. Chidambaram is second recipient of the Best Administrator in India Award. Earlier in year 2011 Prime Minister Manmohan Singh presented the Best Administrator in India Award 2011 of the K Karunakaran Foundation to former finance minister Pranab Mukherjee on 21 December 2011.
The award carries a purse of 1 lakh rupees, citation and a memento.