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Govt to go ahead with reforms to achieve 8% growth: Jaitley

By FnF Correspondent | PUBLISHED: 30, Nov 2014, 12:05 pm IST | UPDATED: 30, Nov 2014, 12:05 pm IST

Govt to go ahead with reforms to achieve 8% growth: Jaitley Mumbai: Accusing Congress of following an obstructionist approach, the Finance Minister Arun Jaitley today said the government was committed to going ahead with reforms measures to take India back to original potential of 8 per cent economic growth.

Outlining the government’s priorities like introduction of GST (Goods and Services Tax) in the ongoing Winter Session of Parliament, changes in the land acquisition law, auction of non—coal minerals and elimination of non—deserving sections from subsidy net, he said the key economic portfolios were being handled by people who have no baggage of the past.

“Now all these changes have certainly changed the environment, changed the mood. India is back on the radar. I am quite conscious of the fact some people will try and obstruct though the national mood is to the contrary. The obstructions won’t be able to sustain for too long”, he said addressing the ET Awards function here.

“And once we are able to pursue that agenda, and I think with changing systems and all other institutions also realising that the sectors in which India needs to be helped can be helped by these measures. I am sure the effect on the ground and the change in figures will also be evident”, he said.

Seeking a shared vision among all stake holders like government, opposition, judiciary and legislature, Jaitley criticised the Congress approach saying “it seems to be that the party is saying now that I am out, let me obstruct. Since I am not in government, it is not my responsibility. So I will obstruct.”

He also charged the Congress party with having an obsolete mindset that led to enactment of a measure like the ‘draconian’ land acquisition law under which it was not possible to build a private school, hospital or hotel.
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