Vindicating that exhilarating economy is not a one-day match, Finance Minister P Chidambaram on Thursday appealed the experts and people consider a "long-term view", and added that noteworthy reforms have been carried out in the last nine months, and the coming weeks will see even more reforms..
Chidambaram, while addressing to the media in Delhi seemed to be in concord with rating agency Fitch regarding reform initiatives and said: "It is not an ODI match, a wicket or a six is expected in every ball in an ODI. Economic reforms don't work that way. Reviving the economy, reviving investor sentiments, might appear slow, if we don't take our eyes off the ball, it will yield results."
The finance minister further added that after nine months, there is acknowledgement that steps been taken are providing positive results.
He also said that various decisions would be taken in the next few days and added that the government is looking forward for more economic reforms to achieve the desired results.
"We will leave no stone unturned to achieve revenue and fiscal deficit targets," he said and added that decisions on coal and gas pricing, and revision in FDI limits are being reviewed.
Talking about the steep fall of Indian currency rates in last few days, he said, there is no reason for panic over the rupee decline.
"It will regain losses suffered in last few days and find its level," he added.
-With inputs from ANI
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