Let Jammu and Kashmir lead the way in the building of a new future for India. Let it set an example to the rest of India and the world by showing how the entire region can be transformed into a zone of peace, stability and prosperity.

However Kejriwal failed to produce any such proof. In 2010 Mukherjee was awarded "Finance Minister of the Year for Asia" by Emerging Markets the daily newspaper of record for the World Bank and the International Monetary Fund (IMF). "
Mukherjee held many important posts in the Manmohan Singh government.

Mukherjee lost out in the ensuing power struggle. Mukherjee was also Leader of the House in the Rajya Sabha from 1980 to 1985.