12 May, 2021

Yashwant Sinha

The former finance minister has just released his book, Confessions Of A Swadeshi Reformer: My Years As Finance Minister

Yashwant Sinha
What’s the focus of your book?

It’s about politics, the reform agenda, how we can implement it and a vision for the future.

Your tenure as FM had more than its fair share of controversies.

I could have taken them in my stride but I still haven’t developed the thick skin of a politician.

What were the major challenges you faced?

The balance of payments crisis during the Chandra Shekhar regime was the most challenging situation.

That’s when you introduced the gold mortgage scheme.

I have been blamed for it but the situation was very difficult and the country’s "izzat" was more important than the gold.

What kind of political pressures did your economic decisions face?

There was pressure from Sangh parivar outfits and allies; also problems from party members.

Your book says the framework of today’s robust growth was laid by your government.

I strongly believe that, and I’m not indulging in self-aggrandisement.

Do you agree with the present...

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