Planning Commission Deputy Chairman Montek Singh Ahluwalia,who has just resigned,remained non-committal on his prospects of becoming Finance Minister while describing reports on this as 8220;speculation8221;.
8220;I am not making any comments on these sorts of press speculation,8221; he said when asked whether he could be taking over as Finance Minister in the new government.
Ahluwalia,however,expressed satisfaction at the election results for the 15th Lok Sabha,which gave a mandate in favour of the Congress-led UPA.
8220;I am delighted at the election results. It is a very strong and firm mandate. Everybody I have seen or talked to is absolutely delighted. I share that feeling,8221; he said.
With the UPA set to assume power,there are reports in the media that Ahluwalia,who played a key role in formulating economic policies of the outgoing government,is being considered for the post of Finance Minister.
The other names doing the rounds for heading the Finance Ministry are C Rangarajan,former Reserve Bank Governor and now member of the Rajya Sabha,and Kamal Nath,Commerce Minister in the outgoing government.
After the then Finance Minister P Chidambaram was shifted to the Home Ministry,the important ministry was being looked after by External Affairs Minister Pranab Mukherjee,who presented the interim budget in February on behalf of the government.