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Congress President Sonia Gandhi shares a light moment with Finance Minister Pranab Mukherjee while Prime Minister Manmohan Singh looks on during Congress Working Committee meeting at party headquarters in New Delhi on Wednesday, 19 August 2009. The party’s highest policy-making body met to discuss the drought situation in many parts of the country and rising prices of essential commodities.

Congress President Sonia Gandhi, Prime Minister Manmohan Singh, Finance Minister Pranab Mukherjee and Defence Minister A K Antony during Congress Working Committee meeting at party headquarters in New Delhi on Wednesday, 19 August 2009. The party’s highest policy-making body met to discuss the drought situation in many parts of the country and rising prices of essential commodities.

Congress President Sonia Gandhi shares a light moment with Finance Minister Pranab Mukherjee while Prime Minister Manmohan Singh and Defence Minister A K Antony look on during Congress Working Committee meeting at party headquarters in New Delhi on Wednesday, 19 August 2009. The party’s highest policy-making body met to discuss the drought situation in many parts of the country and rising prices of essential commodities.

Union Home Minister P Chidambaram and Finance Minister Pranab Mukherjee release ‘Direct Taxes Code’ in New Delhi on Wednesday, 12 August 2009.

Union Home Minister P Chidambaram having word with Finance Minister Pranab Mukherjee during the release of ‘Direct Taxes Code’ in New Delhi on Wednesday, 12 August 2009.

Finance Minister Pranab Mukherjee interacts with media while Union Home Minister P Chidambaram looks on during the release of ‘Direct Taxes Code’ in New Delhi on Wednesday, 12 August 2009.

Wang Cheng,Product Line Chief and Pranay Dhabai Whole time Director & COO-Haier Appliances India at the launch of ‘Electric Spa Water Heaters’ in New Delhi on Thursday,06 August 2009.

Chairman of Reliance Industries Limited Mukesh Ambani shares a light moment with Union Minister Pranab Mukherjee during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee addresses during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Chairman of State Bank of India (SBI) O P Bhatt receives Best Banker of the year award from Union Minister Pranab Mukherjee while Editor in Chief of The Express Group Shekhar Gupta looks on during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee and Chairman of Reliance Industries Limited Mukesh Ambani during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee addresses during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee and Chairman of Reliance Industries Limited Mukesh Ambani share a light moment with Chairman of Reliance Industries Limited Mukesh Ambani during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Chairman & Managing Director of Union Bank of India M V Nair receives an award from Union Minister Pranab Mukherjee during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

President of CII K V Kamath receives Lifetime Achievement Award from Union Minister Pranab Mukherjee while Chairman of S Kumars Nationwide Nitin Kasliwal looks on during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

President of CII K V Kamath receives Lifetime Achievement Award from Union Minister Pranab Mukherjee looks on during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee and Chairman of Reliance Industries Limited Mukesh Ambani during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Union Minister Pranab Mukherjee poses for the photographers during the India’s Best Bank Awards ceremony presented by The Financial Express in Mumbai on Saturday, 25 July 2009.

Finance Minister Pranab Mukherjee interacts with State Finance Minister Asim Dasgupta during centenary celebration of the University College of law in Kolkata on Saturday, 18 July 2009.

Finance Minister Pranab Mukherjee lights up ceremonial lamp while Chief Justice Surinder Singh Nijjar, Konakuppakatil Gopinathan Balakrishnan, West Bengal Governor Gopal Krishna Gandhi look on during centenary celebration of the University College of law in Kolkata on Saturday, 18 July 2009.

Finance Minister Pranab Mukherjee interacts with West Bengal Governor Gopal Krishna Gandhi during centenary celebration of the University College of law in Kolkata on Saturday, 18 July 2009.

Finance Minister Pranab Mukherjee with RBI Governor Dr D Subbarao during the RBI Central Board Meeting in New Delhi on Saturday, 11 July 2009.

Finance Minister Pranab Mukherjee with RBI Governor Dr D Subbarao and Finance Secretary Ashok Chawla during the RBI Central Board Meeting in New Delhi on Saturday, 11 July 2009.

Finance Minister Pranab Mukherjee with MoS Namo Narayan Meena and RBI Governor D Subbarao with Finance Secretary Ashok Chawla during the RBI Central Board Meeting in New Delhi on Saturday, 11 July 2009.

Union Finance Minster Pranab Mukherjee addressing to Business Housing after next day present general Budget 09, in New Delhi on Tuesday,07 July 2009.

Activists of the All Assam Students Union (AASU) burn effigy of Union Finance Minister Pranab Mukherjee for not mentioning Assam’s devastating flood issue in the Budget 2009-10 in Guwahati on Tuesday, 07 July 2009.

Activists of the All Assam Students Union (AASU) burn effigy of Union Finance Minister Pranab Mukherjee for not mentioning Assam’s devastating flood issue in the Budget 2009-10 in Guwahati on Tuesday, 07 July 2009.

Activists of the All Assam Students Union (AASU) burn effigy of Union Finance Minister Pranab Mukherjee for not mentioning Assam’s devastating flood issue in the Budget 2009-10 in Guwahati on Tuesday, 07 July 2009.

Prime Minister Manmohan Singh interacts with media after Finance Minister Pranab Mukherjee presents budget at Parliament House in New Delhi on Monday, 06 July 2009.

Finance Minister Pranab Mukherjee arrives at Parliament to present Union Budget 09-10 in New Delhi on Monday, 06 July 2009.

Finance Minister Pranab Mukherjee poses for the photographers before presenting Union Budget 09-10 in New Delhi on Monday, 06 July 2009.

Finance Minister Pranab Mukherjee poses for the photographers before presenting Union Budget 09-10 in New Delhi on Monday, 06 July 2009.

A big television screen in the front of the Bombay Stock Exchange (BSE) displays live Finance Minister Pranab Mukherjee’s budget speech due to which Sensex closes at 14,035.67, collapsed by 877.38 points in Mumbai on Monday, 06 July 2009.

Prime Minister Manmohan Singh interacts with media after Finance Minister Pranab Mukherjee presents budget at Parliament House in New Delhi on Monday, 06 July 2009.

Businessmen watch Finance Minister Pranab Mukherjee’s live budget session in Mumbai on Monday, 06 July 2009.