Millennium Post

Govt to continue reforms agenda to woo foreign investors: Chidambaram

Undeterred by adverse political developments, Finance Minister P Chidambaram on Wednesday said there will be no let up in the government’s efforts to continue with the economic reforms and he will go ahead with his meetings with foreign investors to persuade them to invest in India.

‘I don’t see us any weaker today (than) what we were yesterday. Yes, it is true one ally has withdrawn support. The government enjoys a majority, the government will continue to do its duty.

‘The government will continue to take executive action and the government will continue to push legislation in Parliament’, he told a press conference.

Chidambaram was responding to questions on fate of economic reforms in the aftermath of withdrawal of support to the UPA by the DMK.

The Minister further said that he would meet investors to persuade them to invest in India and also the government will not waiver in its commitment to bring down the fiscal deficit to 4.8 per cent in 2013-14 from 5.2 per cent estimated in the current financial year.
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