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Economic reforms were necessary: Chidambaram - NewsX

11 months ago|0 view
After Congress, the UPA today endorsed government's recent tough economic decisions and discussed the need "to do more reforms". At a meeting of constituents of the UPA, Prime Minister Manmohan Singh underlined the need for economic reforms to ensure flow of foreign investment. A fortnight after the announcement to allow FDI in retail, cap cooking gas subsidy and hike diesel prices, the leaders of the ruling coalition today expressed "general satisfaction" over the decisions, which saw the exit of Trinamool Congress-- the second largest UPA constituent...

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