Economic reforms now to get boost: FM
Finance Minister P Chidambaram says that the Government will now push ahead with the unfinished economic reforms agenda after its victory in the confidence vote.delhi Updated: Jul 22, 2008 23:33 IST
Finance Minister P Chidambaram on Tuesday said the Government will now push ahead with the unfinished economic reforms agenda after its victory in the confidence vote.
"With 275 votes, this government has an absolute majority and this is a confidence to go forward," he said after the trust vote.
Crucial legislations in insurance and banking sectors and bills for setting up of a pension regulatory body and one for unorganised sector had been pending following opposition from the Left parties that were till recently providing outside support to the UPA Government.
"The Government will be approaching other members who are not opposed to economic and social reforms and so we will move ahead with the reforms," Chidambaram said.
"Now we have crossed a major bridge that is the Indo-US civilian nuclear deal. Now, we will move ahead on economic and social reforms."