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04-23-2012, 12:23 AM #1
No policy paralysis in New Delhi: Pranab MukherjeeAs UPA government desperately fights the perception of a policy paralysis, Finance Minister Pranab Mukherjee dismisses it with equal vehemence contending that the coalition was set on achieving higher economic growth.
Unfazed by criticism from within and outside and some controversial comments of Chief Economic Advisor Kaushik Basu on a freeze on reforms, he is confident about his priorities on economy and fighting inflation.
Basu's comments created a storm back home in India with the opposition attacking the government and claiming that the Chief Economic Advisor had only spoken the truth.
"There is no question of policy paralysis in New Delhi. I do not agree with them," Mukherjee said.
The Finance Minister was replying to apprehensions expressed by Corporate America over the perceived policy paralysis in the government and Basu's comments that there may not be any big ticket reforms till elections in 2014....being a human...