Chidambaram also said there cannot be a debate on economic policy without political or ideological context.
"I don't know how many of you got a chance to read parts of my speech that I made at Ahmedabad.
"I am not taking names of the states, I am not taking names of chief ministers but the difference between a single minded pursuit of growth and growth with inclusiveness as a goal is a difference between, I believe, Maharashtra and Gujarat," the Minister said in the Rajya Sabha.
Replying to the debate on the state of economy, the Minister emphasised that economic growth must be inclusive and sustainable where environmental and ecological concerns must be taken into account.
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"Therefore, let us take a stand on growth. I believe, my government believes, my party believes, we must have growth but it must be inclusive and sustainable. If that means we may have to sacrifice some growth so be it," Chidambaram said.
"Trying to compare five years of the NDA government with nine years of the UPA government and part of the tenth year, I am afraid that if we do that...That kind of comparison will only end with egg on your face," Chidambaram said.
Referring to the debate between prominent economists, Jagdish Bhagwati and Amartya Sen, the Finance Minister said it should be seen in a context.