Prime Minister Dr Manmohan Singh has said Congress Vice President Rahul Gandhi has outstanding credentials to be the Prime Minister. Addressing a press conference in New Delhi today, Dr Singh said he will hand over charge to someone else if UPA comes to power again in the upcoming general elections. He said the Congress will announce its Prime Ministerial candidate at an appropriate time.

Dr Singh said the Congress welcomes the people's mandate in the just concluded Assembly elections and will learn lessons from its defeat.

On BJP Prime Ministerial candidate Narendra Modi, Dr Singh it would be disastrous for the country to have him as Prime Minister.

Admitting that the worry of rising inflation is legitimate, Dr Singh said income of most people has increased faster than inflation. However, he agreed that his government has not been successful in controlling persistent inflation primarily because food inflation has increased.
Prime Minister Dr Manmohan Singh has said any wrong doing in government decisions will be punished through a due process of law. Dr Singh said there is much public concern on high profile allegations of corruption notably in regard to 2G spectrum and coal blocks allocation and cases related to land. Dr Singh said the government has taken major steps to change the existing procedure for allocation of spectrum and coal by shifting auction so that these problems do not arise in the future.

The Prime Minister added that land issues are in the domain of State governments and Centre is consistently advising the State governments to ensure transparency in these cases.