Addressing a public rally earlier, Modi had mocked the Harvard University educated Chidambaram as ‘recounting minister’, and said the nation could be led by hard work and not by Harvard degrees.

The ‘recounting minister’ jibe was a reference to Chidambaram's victory from the Sivaganga constituency in the 2009 general elections after a recount of votes.

Presenting the Interim Budget 2014-15, Chidambaram said democracy acknowledges diversity, respects dissent, encourages debate and decides through a government of elected representatives.

The Finance Minister also hit out at Aam Aadmi Party (AAP) leader Arvind Kejriwal, saying ‘neither populism nor individualism’ is an alternative way of governance and expressed confidence that people will entrust responsibility to a ‘hand’ that works for equity.

"Neither populism nor majoritarianism, nor individualism is an alternative way of governance," he said in the Lok Sabha quoting a couplet from famous Tamil sage Thiruvalluvar.

Chidambaram asserted that the UPA government has always worked the welfare of poor people.

"That is the greatest achievement of the UPA government, and we are proud of these achievements," he said.


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