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(From Business Today (India))
Byline: Ashish Gupta
The budget he presented on February 28, 1997, will always haunt Palaniappan Chidambaram, the young-looking 59-year-old lawyer (he also has an MBA from that Mecca of capitalist-philosophy, Harvard) who is now into his second term as India's Finance Minister after eight years in relative political wilderness-he was fm in 1996 and 1997, but wasn't even a member of Parliament from 1998 to 2004. Assorted economists, captains of Indian industry and busy-bodies flitting about from one television studio to another proffering similar sound-bites on Budget 2004 have pronounced their judgment: Budget 1997 was a ...