Indian Finance Minister Pranab Mukherjee delivers his speech during the World Economic Forum's 25th India Economic Summit-2009 in New Delhi on November 10, 2009. Mukherjee promised the government would reduce the fiscal deficit as it seeks to put the nation's financial house in order. He said the government would cut the deficit to four percent of gross domestic product by 2012, down from an expected 6.8 percent in the current financial year. Getty Images logo Getty Images 1 week ago

Indian Finance Minister Pranab Mukherjee delivers his speech during the World Economic Forum's 25th India Economic Summit-2009 in New Delhi on November 10, 2009. Mukherjee promised the government would reduce the fiscal deficit as it seeks to put the nation's financial house in order. He said the government would cut the deficit to four percent of gross domestic product by 2012, down from an expected 6.8 percent in the current financial year.

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  1. Klaus Schwabe, founder of the World Economic Forum, gestures during a speech at the University of Latvia in Riga September 28, 2008.
  2. Klaus Schwabe, founder of the World Economic Forum, gestures during a speech at the University of Latvia in Riga September 28, 2008.
  3. Klaus Schwabe, founder of the World Economic Forum, gestures during a speech at the University of Latvia in Riga September 28, 2008.
  4. Klaus Schwabe, founder of the World Economic Forum, gestures during a speech at the University of Latvia in Riga September 28, 2008.
  5. World Economic Forum founder and executive chairman Klaus Schwab (R) gestures as he speaks with Latvia's Prime Minister Valdis Dombrovskis (L) in Riga September 28, 2009.
  6. World Economic Forum founder and executive chairman Klaus Schwab (C) gestures as he speaks with Latvia's Prime Minister Valdis Dombrovskis in Riga September 28, 2009.
  7. World Economic Forum founder and executive chairman Klaus Schwab (L) and Latvia's Prime Minister Valdis Dombrovskis pose for media in Riga September 28, 2009.
  8. World Economic Forum founder and executive chairman Klaus Schwab (L) shakes hands with Latvia's Prime Minister Valdis Dombrovskis in Riga September 28, 2009.
  9. A labourer takes a nap on sacks filled with rice at an agriculture product marketing committee yard at Jetalpur on the outskirts of the western Indian city of Ahmedabad November 18, 2009. India may import rice if there is a shortfall in the summer-sown crop output, Finance Minister Pranab Mukherjee told reporters on Wednesday.
  10. A labourer throws rice through the air to remove dust at an agriculture product marketing committee yard at Jetalpur on the outskirts of the western Indian city of Ahmedabad November 18, 2009. India may import rice if there is a shortfall in the summer-sown crop output, Finance Minister Pranab Mukherjee told reporters on Wednesday.
  11. Labourers carry goods at a wholesale market in the eastern Indian city of Kolkata November 11, 2009. India will focus on driving domestic demand until key developed economies recover and will not exit fiscal stimulus measures until necessary, Finance Minister Pranab Mukherjee said on Tuesday.
  12. Indian Finance Minister Pranab Mukherjee answers questions from delegates during the World Economic Forum's 25th India Economic Summit-2009 in New Delhi on November 10, 2009. Mukherjee promised the government would reduce the fiscal deficit as it seeks to put the nation's financial house in order. He said the government would cut the deficit to four percent of gross domestic product by 2012, down from an expected 6.8 percent in the current financial year.
  13. Indian Finance Minister Pranab Mukherjee (C), flanked by Managing Director and Chief Business Officer of the World Economic Forum Robert Greenhill (L) and Chief Executive Officer (CEO) and Managing Director of ICICI Bank Chandra Kochhar (R), attends the World Economic Forum's 25th India Economic Summit-2009 in New Delhi on November 10, 2009. Mukherjee promised the government would reduce the fiscal deficit as it seeks to put the nation's financial house in order. He said the government would cut the deficit to four percent of gross domestic product by 2012, down from an expected 6.8 percent in the current financial year.
  14. Indian Finance Minister Pranab Mukherjee answers questions from delegates during the World Economic Forum's 25th India Economic Summit-2009 in New Delhi on November 10, 2009. Mukherjee promised the government would reduce the fiscal deficit as it seeks to put the nation's financial house in order. He said the government would cut the deficit to four percent of gross domestic product by 2012, down from an expected 6.8 percent in the current financial year.
  15. Indian Finance Minister Pranab Mukherjee (L) answers questions from delegates as Chief Executive Officer (CEO) and Managing Director of ICICI Bank Chandra Kochhar looks on during the World Economic Forum's 25th India Economic Summit-2009 in New Delhi on November 10, 2009. Mukherjee promised the government would reduce the fiscal deficit as it seeks to put the nation's financial house in order. He said the government would cut the deficit to four percent of gross domestic product by 2012, down from an expected 6.8 percent in the current financial year.
  16. Indian Finance Minister Pranab Mukherjee (C), flanked by Managing Director and Chief Business Officer of the World Economic Forum Robert Greenhill (L) and Chief Executive Officer (CEO) and Managing Director of ICICI Bank Chandra Kochhar (R), attends the World Economic Forum's 25th India Economic Summit-2009 in New Delhi on November 10, 2009. Mukherjee promised the government would reduce the fiscal deficit as it seeks to put the nation's financial house in order. He said the government would cut the deficit to four percent of gross domestic product by 2012, down from an expected 6.8 percent in the current financial year.

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