FM bats for building a very strong economy

Top Stories

»	Gold prices eye fresh record high, silver skyrockets after softer US inflation data
»	Sensex, Nifty open lower over FII outflows, crude prices rise
»	25 pc US tariffs over trading with Iran: What it means for India
»	World Bank estimates India's growth in FY25-26 at 7.2 per cent
»	Sensex, Nifty open lower over US imposing 25 pc tariffs on nations trading with Iran

SME Times News Bureau | 30 May, 2013
It is very important for the country to build a strong economy which will help fetch respect globally, Union Finance Minister P. Chidambaram said in New Delhi on Wednesday.

"It is very important to build a very strong economy. I have seen how we were seen by the world when our economy was at 8-9 percent and when we are at five percent," he said, while addressing the memorial meeting of Rama Prasad Goenka, former chairman, RPG Enterprises.

"When India will become a strong economy growing at 8-9 percent, year-after-year for long period of time, we will be respected," Chidambaram said.

He emphasised that when it come to building strong economy, there is no big differences in opinion between two major political parties in India. "The regional parties have different perspectives."

"But we have not been able to give legal basis to many policies that we both agree upon. That is the only regret that I have in the 10th year of our government, if we still get 11th year or in the first year of another match (tenure), we must work together to build a strong economy," he added.