banner_ad

United action needed to save economy: FM

Last updated: 14 December 2011


A day after leader of opposition in Rajya Sabha Arun Jaitley blamed the government for policy paralysis, finance minister Pranab Mukherjee suggested that coalition compulsions cannot be called policy paralysis.

He said the nation needed "collective" efforts, rising above party

"If I try to convince my alliance partners to carry on with me, it's not wrong because the Indian electorate has not given me a mandate with 273 members."

"When the mandate of the people is fractured, we cannot afford to have the luxury of going to elections after 12 months, 14 months or 18 months," Mukherjee said.

In an apparent reference to the recent disruptions in Parliament, he said, "If Parliament, which is a body of deliberation, debate… and decision making, is converted into a demonstrative platform, we are not doing justice to the electorate."


CCI Pro



News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


Comments



More »


Popular News





CCI Pro
Meet our CAclubindia PRO Members




Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details