yashwant sinha

Sinha was the finance minister until 1 July 2002, when he exchanged jobs with foreign minister Jaswant Sinha. Sinha, during his tenure, was forced to roll back some of his government's major policy initiatives for which he was much criticised. Still, Sinha is widely credited for pushing through several major reform measures that put the Indian economy on a firm growth trajectory. Among them are lowering of real interest rates, introducing tax deduction for mortgage interest, freeing up the telecommunications sector, helping fund the National highway authority, and deregulating the petroleum industry. Sinha is also known for being the first Finance Minister to break the 53-year tradition of presenting the Indian budget at 5 pm local time, a practice held over from British Rule days that sought to present the Indian budget at a time convenient to the British Parliament (1130am GMT) rather than India's Parliament.
Sinha has written a comprehensive account of his years as Finance Minister titled Confessions of a Swadeshi Reformer.Yashwant Sinha has been accused by opponents and by other political observers of trying to promote nepotism by nominating his son Jayant sinha as a successor to contest from Hazaribagh overlooking the interests of many other loyal party workers, though he tried to justify the nomination of his son as a party decision.
On 25 April 2015, The French Government honored him with the highest French civilian distinction of Officier de la Légion d’Honneur (Officer of the Legion of Honour). It was bestowed upon him in recognition of his work as Union Minister of Finance, Minister of External Foreign Affairs and for his invaluable contribution to international issues.While presenting the Honour to Sinha, French Ambassador to India François Richier said as Minister of External Affairs, and Chair of the Indo-French Parliamentary Friendship Group since its very inception (2009-2014), Sinha contributed to the deepening of the Indo-French strategic partnership, launched during the visit ofatal vihari bajapyee in Paris (September 1998) and the development of ties between France and India. Created in 1802 by Napoleon Bonaparte, the legion of honour is the highest civilian award given by the french republic for outstanding service to France, regardless of the nationality of the recipients.
In his autobiography Drohkaal ka Pathik, released in November 2013, former MP pappu yadav  alleged that three MPs of his Indian Federal Democratic Party got money from the then finance minister Sinha, to join the NDA in 2001






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