CWC endorses govt's economic reforms

PM tells CWC that flagship programmes can't be implemented until economy is in a sound position

PTI | September 25, 2012



Congress on Tuesday fully endorsed government's new economic reform measures, including FDI in multi-brand retail, as party president Sonia Gandhi ruled out any threat to the government.

The endorsement came at the first meeting of the Congress Working Committee (CWC) after Trinamool Congress walked out of UPA with the party president saying the government was "stable".

At the same time, there was a demand in the meeting for steps to allay apprehensions of people regarding the new economic reform measures initiated by the government at a time when elections are due in some states in the next few months.

Prime Minister Manmohan Singh assured the party's apex decision-making body that the steps being taken for the poor and the disadvantaged will continue in league with the Congress policies for development and welfare of the 'Aam Admi'.

The meeting of the CWC, which began with opening remarks by Gandhi, saw the government making a strong pitch for reforms with Finance Minister P Chidambaram making it clear that unless the country's economic condition is sound, the government is not in a position to implement the flagship programmes of UPA targeted at the poor.

The Prime Minister said that effective steps for welfare of the poor cannot be taken unless the economy is strong.

Explaining the rationale behind the measures, Chidambaram said the government wants that the country should not get affected due to the global economic crisis.

In her opening remarks, Gandhi said that reforms in the economy are "very necessary" and the government has begun the moves in that direction.

The Congress President also slammed BJP for playing "negative" politics, saying the main opposition party should play the role of a responsible opposition as was done by Congress when it was not in power.

Congress sources said that there a likelihood of the party organising a massive rally in Delhi in support of the measures initiated by the government.

Delhi Chief Minister Sheila Dikshit was specially called for the meeting, which saw members suggesting that rallies should be held at district level to convince the people about the need to bring in the measures like allowing 51 per cent FDI in multi-brand retail, hiking diesel prices and putting a cap on the supply of subsidised LPG cylinders to households.

While no resolution was adopted after the meeting, the tone and tenor of Gandhi's speech made it clear that the party was fully behind the government on the issue.

Chidambaram was called to brief the CWC members about the economic reform measures, which led to a political storm culminating in Trinamool Congress withdrawing support from the ruling alliance.

The CWC meeting came five days after a nation-wide bandh by the opposition in protest against the measures. UPA constituent DMK had also joined the bandh.

Replying to questions, AICC general secretary Janardan Dwivedi said that there was nothing like a dissenting note from any party leader on the economic reform measures.

"No such thing came up in the CWC meeting," Dwivedi said when asked whether somebody raised a dissenting voice on the government measures like diesel hike and FDI.

There was no discussion on the issue of Telangana, he said.

There were earlier speculation that the party can firm up a view in the CWC meeting on the vexed issue of separate statehood.

Comments

 

Other News

Development paradox: Falling poverty miracle and an inequality problem

India’s reduction in poverty over the past decade is a development achievement of considerable significance. The World Bank’s April 2026 ‘India Development Update’ estimates that the share of Indians living below the international extreme-poverty line of $3.00 per person per day i

In Arunachal, a river we call mother

In Arunachal Pradesh, the Siang is not just a river. For many of us, especially the Adi people, it is part of our family. Our grandparents fished in it. Children learned to swim in it. Our farms drink from it. When someone says a huge dam will be built on it, we do not hear the word "project".

A new retelling of the Mahabharata delves into key moments

In a time when every decision carries consequences and questions of ambition, power, loyalty, identity and moral choice continue to shape our lives, Dr. Arun Krishnan’s new book, ‘Mahakshana’ (Penguin India) offers a strikingly relevant retelling of the Mahabharata.  

Cabinet approves viability gap funding to develop grid-scale energy storage systems

The Union Cabinet, chaired by PM Narendra Modi, has approved the Viability Gap Funding (VGF) Scheme for Development of Grid-Scale Energy Storage Systems, with a total financial support of Rs.14,500 crore for the period FY 2026-27 to FY 2030-31. The scheme aims to support the development o

Cabinet creates a pathway to absorb Agniveers in Defence Forces

An objective assessment in terms of organisational requirements and operational efficiency has brought out the outstanding performance of Agniveers in terms of skills, motivation levels, physical fitness and technological prowess. As envisaged earlier, based on merit, 25% of Agniveers will be offered reg

Modi inaugurates, lays foundation stone of Pune Metro projects

Prime minister Narendra Modi inaugurated and laid the foundation stone for Pune Metro projects worth around ₹21,800 crore on Tuesday through video conferencing. Addressing the gathering on the occasion, the PM extended warm Diwali greetings to the people of Pune and Maharashtra and remarked that f

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter