Onus for forging consensus lies with government: Arun Jaitley

NEW DELHI: Political consensus on economy is desirable but it is up to the government to achieve it, said BJP MP and leader of opposition, Rajya Sabha, Arun Jaitley, while addressing AIMA's 40th National Management Convention in Delhi on Thursday. "In any case, lack of consensus cannot be an alibi for government failure," he said. He also pointed out that there were no major differences as there was convergence on most of the economic policies barring a few sector.

Jaitley conceded that the relationship between the government and the opposition party had not been cordial of late. He suggested that the Prime Minister should be a leader who knows the art of decision-making, clarity of vision and forcing his decisions.

Responding to a query on lack of consensus on Goods and Service Tax (GST) and his party's stance on it, he said that he personally favoured it, but it was for the government to force it and that the government had failed to take all the states on board on GST.

Earlier, Jay Panda, MP and Biju Janta Dal leader, speaking at the session on "Indian Spring: A New Agenda for India", suggested that the country needed major political reforms. He said that businesses preferred democracy because it was about consensus and certainty. He called upon the business community to join hands with the political system in bringing the Indian Spring.

Former governor, Reserve Bank of India, Bimal Jalan, speaking on the theme "Capital Fear: Managing liquidity and Funding Growth," called for "complete harmony and coordination between the central bank and the finance ministry." He said that while the views of the RBI and the government may differ but larger objective of growth should be kept in mind.

Commenting on the role of banks in spurring investment and growth, Jalan said that banks cannot resolve political logjams and thus cannot be expected to extend themselves to meet funding requirements under difficult economic circumstances. Responding to a question on issuance of new bank licences, Jalan said that work was in progress but there was no hurry for issuing new bank licences.

Anda sedang membaca artikel tentang

Onus for forging consensus lies with government: Arun Jaitley

Dengan url

http://obecedes.blogspot.com/2013/09/onus-for-forging-consensus-lies-with.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Onus for forging consensus lies with government: Arun Jaitley

namun jangan lupa untuk meletakkan link

Onus for forging consensus lies with government: Arun Jaitley

sebagai sumbernya