‘Life for Finance Minister is not easy'
Press Trust of India
Delhi, March 16: “I must be cruel only to be kind.”
Invoking Shakespeare in his Budget speech with these famous words, Pranab Mukherjee tried to soften the impact of some economic decisions, saying some “painful” policy measures which are good in the long run have to be taken by the Finance Minister whose life is “not easy.”
“Economic policy, as in medical treatment, often requires us to do something, which in the short run, may be painful, but is good for us in the long run.
As Hamlet, Prince of Denmark, has said in Shakespeare's immortal words, ‘I must be cruel only to be kind.'”
Though 76-year-old Mukherjee's 110-minute speech marked by deft use of words had a rocky start with the BJP, Left and other parties protesting against the slashing of EPF rate, he had a smooth sailing thereafter with members listening to him in rapt attention.
Before beginning with his tax announcements, Mukherjee reached out to the Opposition.
“The life of a finance minister is not easy. Various players, including policy makers, politicians, agriculturists and business houses, participate in the making of the economy.
“When everything goes well with the economy, we all share in the joy. However, when things go wrong, it is the Finance Minister who is called upon to administer the medicine,” he said.
Press Trust of India
Delhi, March 16: “I must be cruel only to be kind.”
Invoking Shakespeare in his Budget speech with these famous words, Pranab Mukherjee tried to soften the impact of some economic decisions, saying some “painful” policy measures which are good in the long run have to be taken by the Finance Minister whose life is “not easy.”
“Economic policy, as in medical treatment, often requires us to do something, which in the short run, may be painful, but is good for us in the long run.
As Hamlet, Prince of Denmark, has said in Shakespeare's immortal words, ‘I must be cruel only to be kind.'”
Though 76-year-old Mukherjee's 110-minute speech marked by deft use of words had a rocky start with the BJP, Left and other parties protesting against the slashing of EPF rate, he had a smooth sailing thereafter with members listening to him in rapt attention.
Before beginning with his tax announcements, Mukherjee reached out to the Opposition.
“The life of a finance minister is not easy. Various players, including policy makers, politicians, agriculturists and business houses, participate in the making of the economy.
“When everything goes well with the economy, we all share in the joy. However, when things go wrong, it is the Finance Minister who is called upon to administer the medicine,” he said.
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