26th June is the scheduled date for Pranab Mukherjee to resign from Finance Ministry. At a time when our economy is in a shaky state and INR is unstable and has reached its lowest all-time value of 57 , who would be handed over the responsibility ?
Raisina Hill is a locality of Delhi where many important government buildings are located and along with these is the President’s House – Rashtrapati Bhavan.
As of now there is no tough competition between the contenders : Pranab Mukherjee from UPA and P.A.Sangma from NDA. It seems that Pranab Mukherjee will win the race with more number of parties supporting him but the race of politics is like the race of the Hare and the Tortoise.Well, in this case the Hare is taking no chance of making any mistake or taking the race or the Tortoise,lightly ! 🙂
While the Finance Minister is about to quit on the 26th of the month and is busy collecting votes for his Presidential Poll, INR continues to fall against the US dollars to cross the all time low of Rs 57 !
PA Sangma, is so far, getting support from BJP , TMC , SAD ,BJD,AIADMK while Pranab Mukherjee , the contestant from UPA is getting JD(U) and Shiv Sena’s support and from Left parties (except for CPI). Pranab Mukherjee was initially making a clean sweep after Dr Kalam had rejected to contest but PA Sangma has taken the risk of resigning his co-founded party-NCP, to contest for the post. This was yesterday when officially even BJP, the second biggest national party had not declared their support him ! Even Pranab Mukherjee has resigned from the Finance Minister’s post to contest for the Presidential Poll but it looked well-planned but PA Sangma’s candidature was indeed a shocker. He is contesting at the cost of losing his founded party and even risking her daughter’s ministerial position under the UPA government.
Whosoever wins, out of the two, the one who will not, will really lose a lot !