Another dose of reforms in 2-4 months: Chidambaram

Want the land Bill, insurance Bill passed this session, says finance minister

PTI | April 24, 2013



Committing to carry forward the economic reforms programme in the remaining term of UPA-II, finance minister P Chidambaram on Wednesday said the government will take more executive actions in the next two to four months and sought cooperation of the main opposition party to push through important bills in parliament.

Ruling out early elections, the minister 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 per cent.

"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.

"We will continue to take small significant steps. We will also take forward some big ideas. India's economy will continue to reform," Chidambaram said while addressing a conference organised by UK-based magazine The Economist.

The minister sought cooperation of the opposition party to ensure passage of the land, insurance and Goods and Services Tax (GST) bills in parliament, saying the economic issues should be dealt in a bipartisan manner.

"We have listed the things we intend to do. We want the land Bill passed; insurance Bill passed with FDI at 49 per cent. I sincerely seek cooperation of principal opposition party and other political parties. We want the regulator for coal sector, road sector in place; we want rail tariff authority in place to fix tariff in railway sector," the minister said.

 

Comments

 

Other News

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter