Bearing 'financial responsibility' for the Government and the Party: C.D. Deshmukh (1950–56) & T.T. Krishnamachari (1956–58). Issue 4 (1st October 2020)

• Record Type: Journal Article
• Authors: Ankit, Rakesh
• Is Part Of: Commonwealth & comparative politics. Volume 58:Issue 4(2020)
• Page Start: 476
• Page End: 494
• Publication Date: 2020-10-01
• Subjects: India -- Finance Ministry -- Congress Party -- Jawaharlal Nehru -- C.D. Deshmukh -- T.T. Krishnamachari; Comparative government -- Periodicals; Institutions politiques comparées -- Périodiques; 320.9171241
• DOI: 10.1080/14662043.2020.1794547
• Languages: English
• ISSNs: 1466-2043

Abstract

ABSTRACT: Of the 17 years (1946–64) Jawaharlal Nehru was India's Prime Minister, his Congress Party government had a senior politician holding the Finance Ministry for only 5: Morarji Desai (1958–63). Otherwise, this crucial portfolio was held by a succession of experts; an illustration of consociational power sharing. This article is about two of those, C.D. Deshmukh and T.T. Krishnamachari, and some of their chequered governmental experiences. Through these, it seeks to cast a critical light on the changing contours of relations between and within the party and the government in the economic sphere during its decade of political dominance.