SCHOOL OF LAW, MUMBAI

A PROJECT SUBMITTED
ON
THE FUTURE OF GREAT MINDS IN THE COSTOMARY POLITICAL
PARTIES

ARUN JAITLEY VS. PALANIAPPAN CHIDAMBARAM

In compliance to partial fulfilment of the marking scheme for

Trimester VI of 2015-16 in the subject of MARKETING
MANAGEMENT.

SUBMITTED TO: Prof. SAMEER KARNA

SUBMITTED BY: NIKIT BARYA
ROLL NO. : A008
B.B.A LL.B (Hons.)

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 TABLE OF CONTENTS

SR.NO CONTENT Page no. Page no.

Arun Jaitley Chidambara
m
1 CHAPTER 1- INTRODUCTION 3 3

2 CHAPTER 2- EARLY LIFE 4 17

3 7 19
CHAPTER 3-CORE AREA OF OPERATION

4 CHAPTER 4-BREAKOUT AND GAME 8 21

CHANGING MOMENT

5 CHAPTER 5- CONTROVERSIES 12 24

6 CHAPTER 6- THE BENCHMARKS ACHIEVED 14 25

7 CHAPTER 7- CONCLUSION 28 28

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 INTRODUCTION

Leaders become great not because of their power, but because of their ability to empower
others

-John Maxwell

Indian Politics have been interesting since its inception. Some people often say " Many things
have changed , but Politics in India have been the same". Power slips from one political party
to another. But the so called properties of the political system have often seemed to be the
same. In recent past we have seen that the emergence of leaders like these into politics that
had brought in new spirit of enthusiasm and confidence among people. The skepticism that
leaders are born is no more valid these days. As we know that 'leaders need not do different
things, it would be sufficient if they can do things differently'. And this is what we need now.
We need minds like these to come into politics who strive to make the country better.

Mr Arun Jaitley and Chidambaram both a different individuals with different intellectual
superiority. From starting of their carrier to where both of them are today is remarkable. Both
Arun Jaitley and P. Chidambaram are amongst the most influential minds in Indian Politics

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from there debates in the Rajya Sabha to their recent Debate about GST these people are
what Indian Politics need right now.

ARUN JAITLEY

One of the prominent leaders of Bharatiya Janata Party(BJP), He also served as a member to
the Board of Governors of Asian Development Bank. He is a senior advocate in the Supreme
Court and a former Additional Solicitor General of India. Arun Jaitley (born 28 December
1952) is an Indian politician and lawyer who is the current Finance Minister, Defence
Minister Minister of Corporate Affairs in the Cabinet of India. A member of the Bharatiya
Janata Party, Jaitley previously held the cabinet portfolios of Commerce and Industry and
Law and Justice in the Vajpayee government (19982004) and briefly served as the Minister
of Defence in the Narendra Modi government. From 2009 to 2014 he served as the Leader of
the Opposition in the Rajya Sabha.

EARLY LIFE

He is a Senior Advocate of the Delhi High Court. He studied at St. Xavier's School, New
Delhi from 195769. He graduated in Commerce from Shri Ram College of Commerce, New
Delhi in 1973. He passed his Law degree from the University of Delhi, in 1977. He was born
to Kishen and Ratan Prabha Jaitley. His father was lawyer by profession and this was what
motivated him to take up the law profession in college.

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Jaitley was an Akhil Bharatiya Vidyarthi Parishad (ABVP) student leader in the Delhi
University Campus in the seventies and rose to be the President of the Students Union of
Delhi University in 1974. During the period of proclamation of Internal Emergency (1975
77) when civil liberties were suspended, he was under preventive detention for a period of 19
months.

He was a prominent leader of a movement against corruption launched in the year 1973 by
Raj Narain and Jayaprakash Narayan. He was the Convenor of the National Committee for
Students and Youth organisation appointed by Jai Prakash Narayan He was also active in civil
rights movement and helped found PUCL Bulletin along with Satish Jha and Smitu Kothari.
After being released from jail he joined the Jan Sangh.

In 1977, being the convener of the Loktantric

suffered defeat, Jaitley
Yuva Morcha at a time when the Congress
was appointed the president of the Delhi ABVP
and All India Secretary of the ABVP. He was
then made the president of the youth wing of the
BJP and the secretary of the Delhi Unit in 1980,
a short time after joining the party.

Jaitley served as the General Secretary of the BJP in 2002 and then again in 2004. He
resigned from the post of General Secretary in 2009 after he was appointed as the leader of
opposition in Rajya Sabha under the party principle of One Man, One Post. Jaitley has
always emerged as a strategic planner of the BJP, helping his party member Narendra Modi
wins the assembly election in 2002. As the General Secretary, he managed eight assembly
elections, which proved victorious for the BJP. He was re-elected to the Rajya Sabha in April
2012 for his third term. He was the Vice President of the BCCI but resigned after the IPL
spot-fixing scandal.

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Jaitley unsuccessfully ran for a seat from Punjab state in the 2014 elections to the Lok Sabha
(lower chamber of the Indian parliament). Nonetheless, following the overwhelming BJP
landslide victory at the polls, Jaitley was given responsibility for three important portfolios in
Prime Minister Modis cabinet: defense, finance, and corporate affairs. In addition, Jaitley
switched his role in the Rajya Sabha from leader of the opposition to leader of the house.

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 CORE AREA OF OPERATION

An individual gifted with keen political prowess and foresight. Arjun Jaitley has created a
distinctive identity for himself in both the legal profession as well as his tenure as a
politician. Critical prescience that is both astute, his keen understanding and proper viewpoint
on contemporary and critical issues is one of his fortes as a person. Apart from that his
experiences at every level of politics right from the grassroots level to the epicenter of the
power makes him invaluable to his party. All the more is also considered as one of the finest
statesmen of our present time. People do say many things about him but currently he is one of
the most intelligent politicians that this country has seen. Handling the two most prominent
ministries Finance as well as the defence ministry.

SOME FACTS ABOUT ARUN JAITLEY

A SUCCESSFUL LAWYER

He started his legal career practicing in the Supreme Court in 1977. He was then designated
as a senior advocate. He was then appointed as the Additional Solicitor General in VP Singh
Government and completed the paperwork in the Bofors Scandal. As an attorney his clientele
extended beyond the party lines from Sharad Joshi of the Janata Dal to Madharao Scindia of
Indian National Congress to the LK Advani of the BJP. He also authored several publications
on legal and political. Most noteworthy of his compilation is the study of Law relating to

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Corruption and Crime. He also represented India and put forward the declaration of Law
relating to drugs and Money Laundering. Arun Jaitley has also appeared as a counsel on
behalf of the multinational soft drink giants Pepsi and Coca Cola.

After having been the Minister of Law, Justice and Company Affairs, Jaitley represented
Pepsi in 2002 in a case where the Supreme Court of India admonished and imposed stiff fines
on 8 companies for painting advertisements on ecologically fragile rocks along the Manali-
Rohtang road in the Himalayas. "The companies were also issued show-cause notices as to
why exemplary damages should not be imposed on them for indulging in environmental
vandalism." In 2004, Jaitley appeared on behalf of Coca Cola in a Rajasthan High Court case.

He has stopped practising law since June 2009.

HOW DID ARUN JAITLEY ENTER INTO POLITICS?

He started his political career in 1974 when he won the election to become the president of
Delhi University Students Union. At a time when the Congresss rule was very strong, by
winning the election as an ABVP (Akhil Bhartiya Vidyarthi Parishad) candidate he made a
never-ending impact on the people of India. He was a follower of Jai Prakash Narain, known
as JP, and considered him his mentor. In 1975 when emergency was declared for 22 months,
Arun Jaitley was one of the leaders to be detained and was imprisoned for 19 months in the
Tihar Jail, Delhi.

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He considered this phase as the turning point in his life as he came across people of different
backgrounds during his stay in the jail. This is how he came into politics.
In 1977, when the Congress suffered a humiliating defeat in the general election and Janata
Party came to power, Arun Jaitley was the convener of the Loktantric Yuva Morcha.

ARUN JAITLEY PERSONAL LIFE

The politician is married to Sangeetha Jaitley and the couples have two children. Apart from
politics the other interest of Mr Jaitley include reading and he has keen affinity to legal and
current affairs. He also has a keen affinity towards research of various subjects such as Law,
contemporary issues as well and larger issues in society.

He also serves as the President of the Delhi District Cricket Association and is a member of
the Governing council of the Indian Premier League. He is also someone who travels widely.
Both as student he was part of the student exchange Program and He has represented as
Additional Solicitor General, Minister as well as led various Indian delegations at
international events.

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 JAITLEYS POLITICAL CAREER

Jaitley has been a member of the

national executive of Bharatiya
Janata Party since 1991.He
became the spokesperson of the
BJP during the period preceding
the 1999 general election. In 1999,
After the Vajpayee Government of
the BJP led National Democratic
Alliance came to power, he was
appointed Minister of State for
Information and Broadcasting
(Independent Charge) on 13
October 1999. He was also appointed Minister of State for Disinvestment (Independent
Charge), a new ministry created for the first time to give effect to the policy of disinvestments
under the World Trade Organisation regime. He took over the additional charge of the
Ministry of Law, Justice and Company Affairs on 23 July 2000 following the resignation of
Ram Jethmalani as the Union Cabinet Minister of Law, Justice and Company Affairs.

He was elevated to a Cabinet Minister in November 2000 and was made simultaneously the
Minister of Law, Justice and Company Affairs and Shipping. He was the first Minister of
Shipping following the bifurcation of the Ministry of Surface Transport. He demitted the
office of the Minister for Shipping with effect from 1 September 2001 and as Union Minister
of Law, Justice and Company Affairs on 1 July 2002 to join as a General Secretary of the BJP
and its national spokesman. He worked in this capacity till January 2003. He rejoined the
Union Cabinet as the Minister of Commerce & Industry and Law & Justice on 29 January
2003. With the defeat of the National Democratic Alliance in May 2004, Jaitley returned to
serving the BJP as a general secretary, and back to his legal career.

He was chosen as the Leader of the Opposition in the Rajya Sabha on 3 June 2009 by L.K.
Advani. On 16 June 2009 he resigned from the post of General Secretary of BJP as per his
party's One Man One Post principle. He is also a member of the Central Election Committee
of the party. In his capacity as the leader of opposition in Rajya Sabha, he played a vital role
during the talks of the Women Reservation Bill in the Rajya Sabha and also supported Anna

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Hazare for the Jan Lokpal Bill. He successfully introduced the eighty-fourth amendment to
the Constitution of India in 2002 freezing parliamentary seats until 2026 and the ninety-first
amendment to the Constitution of India in 2004 penalising defections.However, being in the
party since 1980 he never contested any direct election until 2014. He was the BJP candidate
for the Amritsar seat in the Lok Sabha (replacing Navjot Singh Sidhu) for the 2014 general
election, but lost to the Indian National Congress candidate Amarinder Singh. He is currently
a Rajya Sabha member from Gujarat.

On 26 May 2014, Jaitley was selected by newly elected Prime Minister

Narendra Modi to be the Minister of Finance (which includes the
Ministry of Corporate Affairs) and Minister of Defence in his
cabinet. Analysts cited Jaitley's "part-time" focus on defence as a simple
continuation of the policies of the previous
government.According to a WikiLeaks cable by
Robert Blake, the Charge at the US Embassy, to his
government, when pressed on the question of
Hindutva, Jaitley had argued that Hindu nationalism "will
always be a talking point" for the BJP and characterised this as an
opportunistic issue. Jaitely later clarified that
"the use of the word opportunistic in reference
to nationalism or Hindu nationalism is neither my view nor my language. It could be the
diplomat's own usage."

During Bihar Legislative Assembly election, 2015, Arun Jaitley agreed with Prime Minister
Narendra Modi's assertions that the idea of reservations on the basis of religion is fraught
with danger and was against giving reservation to Muslim Dalits and Christian Dalits as it
might impact demography.He also serves as a member to the Board of Governors of Asian
Development Bank.

In November 2015, Jaitley said that Personal laws governing marriages and divorces should
be subject to fundamental rights, as the Constitutionally-guaranteed rights are supreme. He
announced the Income declaration scheme, 2016 in September 2016.

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During his tenure as the Finance Minister of India, the government demonetised the 500 and
1000 banknotes of the Mahatma Gandhi Series, with the stated intention of curbing
corruption, black money, fake currency and terrorism from 9 November 2016.

CONTROVERSIES

As joining the office in the Centre from 2014 Arun Jaitley is not being into much
controversies but being in a post like this a person cannot hide from controversies so here are
some of the events in which he was involved .The US Cable Controversy is one such incident
in which his name was implicated. The allegation against him was that he suggested that the
use of the right wing Hindu Nationalism was opportunistic. At the time of the controversy the
issue was very sensitive. Though the party and in particular Arjun Jaitley had denied about
any such controversy.

ARUN JAITLEY BOOKS

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Arun Jaitley has penned many books on legal law and current affairs. His books are all well
compiled and researched and at the same time also provide a keen perspective and insight on
issues.

ARUN JAITLEY NET WORTH

In the declaration made by the members of Parliament in the Rajya Sabha he declared his
annual income to be $ 2.15 Million dollars that is approximately 10 crore (per annum) . His
moveable and immovable assets are estimated at Rs 158 crores. Arun jaitley owns some
residential houses in delhi suburbs and Gujarat. In additional to the fleet of luxury cars such
as Porsche, Mercedes Benz , BMW, Honda Accord , Toyota Fortuner.

ACHIEVMENT

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 Arun Jaitley started practicing law from 1977 onwards in Supreme Court and several
High Courts.

In 1990, he was promoted to senior Advocate and was appointed Additional Solicitor
General of India. As the Additional Solicitor General of India he worked on the
Bofors Scandal, which was related to the illegal kickbacks paid in the US$ 1.3 billion
deal between Bofors, a Swedish arms manufacturer, and the Government of India.

As a Law Minister in the Union Cabinet, he brought in a several electoral and judicial
reforms. He got the Advocates Welfare fund and Investor Protection Fund set up. He
implemented the scheme of setting up of the Fast Track Courts and paid special
attention to the computerisation of the courts. To facilitate the expeditious disposal of
cases, he brought amendments in the Motor Vehicles Act and the Negotiable
Instruments Act.

The High Courts of Chhattisgarh, Jharkhand and Uttarakhand were inaugurated under
his guidance.

He has a line of clients such as Sharad Yadav, Madhavrao Scindia, and L.K. Advani.

He has represented many multinationals, such as Pepsico, Coca Cola and big
industrialists such as the Birla family in the courtroom.

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 He successfully introduced the 84th amendment to the Constitution of India in 2002
for freezing parliamentary seats till 2026.

He successfully introduced the 91st amendment to the Constitution of India in 2004

for penalising defections.

Arun Jaitley started practicing law from 1977 onwards in Supreme Court and several
High Courts.

In 1990, he was promoted to senior Advocate and was appointed Additional Solicitor
General of India. As the Additional Solicitor General of India he worked on the
Bofors Scandal, which was related to the illegal kickbacks paid in the US$ 1.3 billion
deal between Bofors, a Swedish arms manufacturer, and the Government of India.

As a Law Minister in the Union Cabinet, he brought in a several electoral and judicial
reforms. He got the Advocates Welfare fund and Investor Protection Fund set up. He
implemented the scheme of setting up of the Fast Track Courts and paid special
attention to the computerisation of the courts. To facilitate the expeditious disposal of
cases, he brought amendments in the Motor Vehicles Act and the Negotiable
Instruments Act.

The High Courts of Chhattisgarh, Jharkhand and Uttarakhand were inaugurated under
his guidance.

He has a line of clients such as Sharad Yadav, Madhavrao Scindia, and L.K. Advani.

He has represented many multinationals, such as Pepsico, Coca Cola and big
industrialists such as the Birla family in the courtroom.

He successfully introduced the 84th amendment to the Constitution of India in 2002

for freezing parliamentary seats till 2026.

He successfully introduced the 91st amendment to the Constitution of India in 2004

for penalising defections.

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 ARUN JAITLEY QUOTES-

To the PM on the issue of escalating prices-He has only expressed his concern on price
rise. There is no indication of steps to translate this concern into action. Price rise can't be
tackled by clich.

Failure of the Government- The single largest failure of the government is the
mismanagement of food prices. The government must act or otherwise it must perish.

NDA failure at the General elections in 2009-We respect the People's mandate.

Reason for Failure in 2004 general elctions-We have underperformed 2004 tally.

Words for the PM- If the prime minister was in the know of it, then he is equally
culpable. If he was not aware, then it is for him to introspect as to what kind of
government he is running.

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 PALANIAPPAN CHIDAMBARAM

Chidambaram Palaniappan, an Indian politician and a former Union Minister of Finance

under the United Progressive Alliance government (UPA). He is a member of one of the
largest and oldest national party of India, the Indian National Congress. The last two terms of
the UPA government, led by the Indian National Congress party, have seen P. Chidambaram
holding many important positions. From May 2004 to November 2008, he served as the
Finance Minister and in November 2008 he was inducted as the Home Affairs Minister, when
Shri Shivraj Patil resigned from the post as an aftermath of the Mumbai terror attacks. He
remained at this post for three and a half years and then succeeded Pranab Mukherjee as
Finance Minister when the latter became the new President of India.

EARLY LIFE

Born on September 16, 1945 to Palaniappa Chettiar and Lakshmi Achi, P. spent his childhood
in the village of Kanadukathan in Sivaganga District of Tamil Nadu state, India. He hails
from a family of Nagarathar or Nattukotai Chettiars. He studied at the Presidency College,

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Chennai, and graduated with a Bachelor of Science degree and then received his Bachelor of
Law degree from the Law College of the University of Madras, Chennai.

He later went to the Harvard Business School where he finished a Master of Business
Administration (MBA) degree. He also holds a post graduate degree from the Loyola
College, Chennai. Apart from studies, P. Chidambaram was also interested in playing tennis,
badminton and chess.

After graduating with a BSc degree in statistics from the Presidency College, Chennai, he
completed his Bachelor of Laws from the Madras Law College (now
Dr. Ambedkar Government Law College) and his MBA from
Harvard Business School in the
class of 1968. He also holds a
master's degree from Loyola
College in Chennai.

During this time his politics

inclined to the left and in 1969
he joined N. Ram, later editor
of The Hindu, and the women's
activist Mythili Sivaraman in
starting a journal called the Radical Review.

Chidambaram has two brothers and one sister. His father's business interests covered textiles,
trading and plantations in India. He chose to concentrate on his legal practice and stayed
away from the family business.

He enrolled as a lawyer in the Madras High Court, becoming a senior advocate in 1984. He
had offices in Delhi and Chennai and practised in the Supreme Court and in various high
courts of India.

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 CORE AREA OF OPERATION

Popularly known as PC by the Indian press, P. Chidambaram is a person who practiced law,
worked in High and Supreme Courts and started off his political career as a Congressman. As
far as the country of India goes; he brought about a huge change in the commercial and
financial setup of India. If at all India has been doing well for quite some time and competes
at a global level, a part of the credit can go to P. Chidambaram. With his policies and
expertise, it would be safe to say that he lead from the front, without failing to inspire. By
profession, P. Chidambaram is a lawyer, but he is most famous for the roles he played in
active politics. Go ahead and read on to know more about P. Chidambaram, one of those few
politicians who to this very day knows what they are doing and are concerned about the
welfare of the country they lead.

SOME FACTS ABOUT P. CHIDAMBARAM

LEGAL CAREER

In 1968, P. Chidambaram married Nalini, a successful lawyer in her own right. In 1969, he
enrolled as an advocate in the Madras High Court and established a successful law firm. He
was also designated as a senior advocate in 1984. He has chambers in Delhi and Chennai and
practices in the Supreme Court and in various High Courts in India. He has also appeared in a

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number of arbitration proceedings, both in India and abroad. Very few know that Mr. P
Chidambaram, the US educated votary of free enterprise and unbridled economic reforms
used to be a hard-core leftist arguing in favor of the command economy in the late 1960s. He
became a Senior Advocate in the year1984. Since then he has been practicing in the Supreme Court
and in various High Courts in India. He had offices in Delhi and Chennai and practised in the
Supreme Court and in various high courts of India.

FAMILY AND PERSONAL LIFE

Chidambaram comes from an extremely rich family . His mother, Lakshmi Achi, was the
daughter of Raja Sir Annamalai Chettiar, a wealthy banker and merchant, who owned an
estate of 90 villages in Tamil Nadu and was granted the title of Raja by the British Raj.
Annamalai Chettiar was the founder of Annamalai University and United India Insurance
Company Limited. His brother Ramaswami Chettiar was the founder of Indian Bank and the
co-founder of another major banks

He is married to Nalini Chidambaram, daughter of Justice (Retd.) P.S. Kailasam, Supreme

Court, and Mrs. Soundra Kailasam, a renowned Tamil poet and author, who is a senior
advocate practising in the Madras High Court and in the Supreme Court of India. He has a
son, Karti P. Chidambaram, who graduated with a BBA degree from the University of Texas,
Austin, and a Masters in Law from the University of Cambridge. Karti, a Congress Party's
AICC member, is active in Tamil Nadu state politics. Karti is married to Dr. Srinidi
Rangarajan, a well-known Bharathanatiyam dancer and medical doctor, working with the
Apollo Group of Hospitals in Chennai. Karti and Srinidhi have a daughter, Aditi Nalini
Chidambaram.

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P CHIDAMBARAM'S PROFESSIONAL BACKGROUND AND ENTRY IN
POLITICS

P. Chidambaram was not so keen to join his fathers business. He was more inclined to legal practice.
He started practicing in the Madras High Court. By 1984 he was a senior advocate. His offices were
in Chennai and Delhi. Eventually he became a practicing lawyer in the Supreme Court and other High
Courts in India. P. Chidambaram was a Union Leader for MRF, and with time he paved his way up in
the Indian National Congress party.

POLITICAL CAREER

Chidambaram was elected to the Lok Sabha (Lower House) of the Indian Parliament from the
Sivaganga constituency of Tamil Nadu in general elections held in 1984. He was a union
leader for MRF and worked his way up in the Congress party. He was the Tamil Nadu Youth
Congress president and then the general secretary of the Tamil Nadu Pradesh Congress
Committee unit.

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He was inducted into the Union (Indian federal) Council of Ministers in the government
headed by Prime Minister Rajiv Gandhi on 21 September 1985 as a Deputy Minister in the
Ministry of Commerce and then in the Ministry of Personnel. His main actions during his
tenure in this period was to control the price of tea and he has been criticized by the
Government of Sri Lanka for destroying the Sri Lankan tea trade by fixing the prices of the
commodity in India using state power. He was elevated to the rank of Minister of State in the
Ministry of Personnel, Public Grievances and Pensions in January 1986. In October of the
same year, he was appointed to the Ministry of Home Affairs as Minister of State for Internal
Security. He continued to hold both offices until general elections were called in 1989. The
Indian National Congress government was defeated in the general elections of 1989.

In June 1991, Chidambaram was inducted as a Minister of State (Independent Charge) in the
Ministry of Commerce, a post he held till July 1992. He was later re-appointed Minister of
State (Independent Charge) in the Ministry of Commerce in February 1995 and held the post
until April 1996. He made some radical changes in India's export-import (EXIM) policy,
while at the Ministry of Commerce.

In 1996, Chidambaram quit the Congress party and joined a breakaway faction of the Tamil
Nadu state unit of the Congress party called the Tamil Maanila Congress (TMC). In the
general elections held in 1996, TMC along with a few national and regional level opposition
parties, formed a coalition government. The coalition government came as a big break for
Chidambaram, who was given the key cabinet portfolio of Finance. His 1997 budget is still
remembered as the dream budget[peacock term] for the Indian economy. The coalition
government was a short-lived one (it fell in 1998), but he was reappointed to the same
portfolio in the Government formed by Prime Minister Manmohan Singh in 2004.

75th United States Secretary of the Treasury Timothy Geithner with P. Chidambaram in
2012.Deputy Prime Minister of South Korea Hyun Oh-seok with P. Chidambaram in 2013

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 In 1998, the Bharatiya Janata Party (BJP) took the reins
of the Government for the first time and it was not until
May 2004 that Chidambaram would be back in
Government. Chidambaram became Minister of
Finance again in the Congress party Communist
Party United Progressive Alliance government on 24
May 2004. During the intervening period
Chidambaram made some experiments in his political
career, leaving the TMC in 2001 and forming his own
party, the Congress Jananayaka Peravai, largely
focused on the regional politics of Tamil Nadu. The
party failed to take off into mainstream Tamil Nadu or
national politics. Just before the elections of 2004, he merged his party with the mainstream
Congress party and when the Congress won the election, he was inducted into the Council of
Ministers under the new Prime Minister Manmohan Singh as cabinet Minister of Finance.

On 30 November 2008, he was appointed the Union Home Minister following the resignation
of Shivraj Patil who had come under intense pressure to tender his resignation following a
series of terror attacks in India, including the Mumbai attacks on 26 November 2008. The
public response to this move was generally favourable given Chidambaram's reputation for
competence and efficiency.

He has been credited with taking the bold decision of prioritising elections above corporate
demands to deploy security for T20-20 matches of IPL. In 2009, Chidambaram was re-
elected from the Sivaganga Lok Sabha constituency in the Congress and retained the Home
ministry. He was one of the representatives of the Central Government when a tri-party
agreement was signed with the Gorkha Hill Council and the Government of West Bengal, an
agreement which was a result of Mamata Banerjee's effort to end a decade long unrest in the
hills of Darjeeling.

The Indian National Congress appointed P. Chidambaram as one of thirteen senior

spokespersons on 15 September 2014.

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CONTROVERSIES SURROUNDING P CHIDAMBARAM

P. Chidambaram was accused of involvement in the 2G Spectrum Scam by Subramanian

Swamy in September 2011. Swamy moved the Supreme Court of India on this matter. The
Supreme Court on 2 February 2012 handed the matter to Special CBI Sessions Court to
decide and probe on the case if required. The CBI Court, however, dismissed any criminal
intention of P. Chidambaram on the issue due to lack of substantive evidence. Later the
Supreme Court also gave a clean chit to P. Chidambaram in this matter.

The controversial Voluntary Disclosure of Income Scheme or VDIS was announced by him in
1997. The scheme granted indefinite immunity from prosecution to defaulters of income-tax
under the Income Tax act 1957, the Foreign Exchange Regulation Act 1973 and the
Companies Act 1956 in exchange of disclosure of assets and income and of self-valuation.
This move was highly criticized and condemned by the Comptroller and Auditor General of
India as fraud and abusive towards the genuine tax-payers of the nation.

The then President of India A.P.J. Abdul Kalam on August 2006 approved enquiry on
allegations against Prime Minister Manmohan Singh and Finance Minister P. Chidambaram
of holding office of profit during election. The enquiry was authorized to the Election
Commission.

He was highly criticized for ordering the police to lathi-charge the non-violent protestors led
by Baba Ramdev in the middle of the night at the Ramlila Maidan. They were protesting
against widespread corruption in government and demanding that the black money stored in
foreign banks be returned to India. Chidambaram was also alleged to have planned the arrest
of Anna Hazare during the latters recent campaign on Anti-Corruption and the Jan Lokpal
Bill.

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CONTRIBUTION TOWARDS THE SOCIETY

P. Chidambaram.s main contribution to the society as a whole materialized during the budget
of 2008; his move to waive off farmers. debts played a role in boosting aggregate demand in
the Indian economy, thereby effectively insulating India from the impact of recession. His
contribution to the finance and commerce sector of our country is immense. In the "dream-
budget" for 1996-97, he brought discipline in government spending and launched an
ambitious tax reform program to tackle an unwieldy fiscal deficit.

ACHIEVEMENTS

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 In 1972 he was the member of All India Congress Committee or AICC.
From 1973 to 1976 he was the Youth Congress President in Tamil Nadu.
From 1976 to 1977 he was the Pradesh Congress Committees General Secretary in
Tamil Nadu.
In 1984 he was first elected as a member of the 8th Lok Sabha from Tamil Nadus
Sivganga Constituency.
In 1985 he was the All India Congress Committees (Indira) Joint Secretary.
In September 1985 he was made the Union Deputy Minister of Commerce.
From 1985 to 1986 he was the Union Deputy Minister for:
Administrative Reforms
Training Public Grievances
Personnel
Pensions
From 1986 to 1989 he was the Union Minister of State for:
Public Grievances
Personnel
Pensions
Home Affairs (Internal Security)
In 1989 he was re-elected for the second time as a member of the 9th Lok Sabha.
In 1990 he was the member of:
Consultative Committee constituted under the Punjab State Legislature (Delegation of
Powers) Act, 1987
Committee to review Lok Sabha Secretariat Rules, 1955
From 1990 to 1991 he was the member of:
Ministry of Finance Consultative Committee
Committee on Public Accounts
In 1991 he was elected for the third time as a member of the 10th Lok Sabha.
From 1991 to 1992 and from 1995 to 1996 he was the Union Minister of State for
Commerce (Independent Charge).
In 1996 he was elected for the fourth time as a member of the 11th Lok Sabha.
From 1996 to 1998 he was the Union Cabinet Minister of Finance. He was
additionally given charge of Company Affairs and Law & Justice. Till April 1997, he
retained the charge of Company Affairs.
In 1998 he was elected for the fifth time as a member of the 12th Lok Sabha.
From 1998 to 1999 he was the member of:
Committee on Finance
Committee of Privileges
Ministry of External Affairs Consultative Committee
In 2004 he was elected for the sixth time as a member of the 14th Lok Sabha.
From 23 May 2004 to 30 November 2008 he remained the Union Cabinet Minister of
Finance.
From December 2008 to 2009 he was the Union Cabinet Minister of Home Affairs.
In 2009 he was elected for the seventh time as a member of the 15th Lok Sabha.

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 From 23 May 2009 to 31 July 2012 he was the Union Cabinet Minister for Home
Affairs.
From August 2012 to May 2014 he was the Union Cabinet Minister of Finance.

CONCLUSION

Sometimes its not about intelligence or education its about wisdom and wit. I find both very
educated and have a strong hold on their parlance.

But I think intelligence is not a degree by which we count a persons intellectual capacity, it is
wisdom which a person inculcates in him and the wit which he/she hardwires matters the
most. Mr Arun Jaitley and Chidambaram both a different individuals with different
intellectual superiority. Mr Jaitley is more polemic in his parlance; he also appears to be a
nihilist, a proper reflection of an ardent lawyer.

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On the contrary, Notwithstanding being a lawyer, Mr Chidambaram has more of an analytical
approach , he is calm and confident, more of a street smart and has a balanced throw of
words. His strong critique against NDAs demarche demonetization was largely analysed and
highly introspected.

Hence, to my view sailing the same both with different ideologies is what makes both of
them unique and different.

BIBLOGRAPHY

An article on Jaitley, Chidambaram lifes.

http://timesofindia.indiatimes.com

A talk on demonetisation between Arun Jaitley and Chidambaram

http://timesofindia.indiatimes.com/

P Chidambaram vs Arun Jaitley: On tough decisions and more

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http://www.financialexpress.com

About Arun Jaitley

http://www.elections.in

About P Chidambaram

http://www.elections.in

Article on Arun Jaitley, Career story of a Lawyer turned into a prominent leader

http://exams.careerlauncher.com/

Who is P Chidambaram?

http://www.ndtv.com/

P. Chidambaram can easily be one of India.s most inspiring politicians

http://www.veethi.com/

Changing faces of Indian politics

www.firstpost.com/

P Chidambaram vs Arun Jaitley: On tough decisions and more

http://www.financialexpress.com

Chidambaram vs Arun Jaitley: RS witnesses the 'daggers' debate

http://www.dnaindia.com/

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