Tuesday, 23 April 2013

More reform initiatives in next 2 to 4 months: Chidambaram - NDTV

More reform initiatives in next 2 to 4 months: Chidambaram

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New Delhi: Committing to carry forward the economic reforms programme in the remaining term of UPA-II, Finance Minister P Chidambaram today said the government will take more executive action in the next two to four months, and sought the cooperation of the main opposition party to push through important bills in Parliament.

Ruling out early elections, Mr Chidambaram said the government would last for 13 months more and would continue to take small but significant steps to ensure that the country achieves its potential growth rate of 8 percent.

"There is much more to be done. The remaining bills have to be passed. There are many more executive actions that have to be taken... some of these are executive actions which we will take in the next 2-4 months," Mr Chidambaram said addressing a conference organised by the UK-based magazine The Economist. "We will continue to take small significant steps. We will also take forward some big ideas. India's economy will continue to reform."

The Finance Minister sought the cooperation of the Opposition to ensure that the Land, Insurance and Goods and Services Tax (GST) Bills are passed in Parliament, saying the economic issues  should be dealt in a bipartisan manner.

"We want the regulator for coal sector, road sector in place, we want a rail tariff authority in place to fix tariff in railway sector," he added.



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