 "If opposition supports we can table Insurance Bill tomorrow: FM")
The Finance Minister took a strong stand defending the UPA's economic policies in the Rajya Sabha today.
He said, around 140 million people had been lifted above the poverty line because of UPA's policies and growth that the country had witnessed under the UPA rule.
Talking about the country's economic situation, he said that it was time that the Parliament sent a strong message to the Central Bank. He said, "Time has come to ask what is the mandate of Central Bank".
He said, there was no consensus in the Parliament on the Insurance Bill. "If opposition supports, we can table the Insurance Bill tomorrow," Chidambaram said.
He also said that unless the country attracts Foreign Direct Investment, it would be difficult to pay for imports. " Unless we attract FDI, how will we pay for imports?, he said.
He also said, that the Centre was pushing ONGC to invest overseas.
He said, around 140 million people had been lifted above the poverty line because of UPA's policies and growth that the country had witnessed under the UPA rule.
Talking about the country's economic situation, he said that it was time that the Parliament sent a strong message to the Central Bank. He said, "Time has come to ask what is the mandate of Central Bank".
He said, there was no consensus in the Parliament on the Insurance Bill. "If opposition supports, we can table the Insurance Bill tomorrow," Chidambaram said.
He also said that unless the country attracts Foreign Direct Investment, it would be difficult to pay for imports. " Unless we attract FDI, how will we pay for imports?, he said.
He also said, that the Centre was pushing ONGC to invest overseas.