Aug 30, 2013 12:46 (IST)
Arun Jaitley speaks in Rajya Sabha in response to PM's speech:
- We are losing the confidence of the investing community
- If political environment is not built up for consensus on economic issues, it will be a daunting task
- Consensus on economic issues depends on political environment, which is being fractured by the government
- The whole world warned us
- Why did we lose the trust of international and domestic investors?
- From 1991 onwards till today, we as a nation succeeded in showcasing India as a economic destination
- The root cause of current account deficit is government corruption
- Benchmarks say our growth rate may fall below 4 per cent
- We now have to decide whether we have to get back to prudence or should we continue to follow populism
- We would like the PM to respond to these issues