New Delhi, February 04: Following the Prime Minister’s reported call to his Cabinet colleagues to stay away from any business interest, Corporate Affairs Minister Salman Khurshid today suggested that ministers could hand over their businesses to a trust, as is being practised in the US.
“American presidents normally give their business over to a trust during their presidency and it becomes transparent who’s running it, for what they are running it and the president or the politician concerned does not have a day-to-day involvement in the business,” he pointed out.
Speaking on the sidelines of the Diamond Jubilee celebrations of the Press Trust of India here today, Khurshid said Prime Minister Manmohan Singh had something similar in mind when he called for separation of commercial and ministerial responsibilities.
“I think it’s something like that what the Prime Minister wants to achieve for us.
–PTI