The Congress has repeatedly attacked opposition-ruled states for taking credit for social welfare schemes initiated and funded by the Centre. "We have to give right information to the people and honestly admit our shortcomings," Singh said.
Handling inflation, he admitted, was "one of the shortcomings" of the UPA government. "The average rate of inflation has remained higher than we desired," Singh said. "The main reason has been an increase in international prices of petroleum products. Second, the minimum support price of crops had been raised substantially for the benefit of farmers."
But "strong steps" would be taken to ease the price rise situation this year, he added.
Regarding corruption, Singh said the government understands the anger of the common man. "We have taken several steps to improve transparency and accountability," he said.