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I have tried to take reforms forward: Sinha
By Our Special Correspondent
NEW DELHI
FEB. 28.
Under attack from various sections of society for his budget presentation today, the Union Finance Minister, Yashwant Sinha, defended himself by saying it was not possible to have grand plans year after year. "It was there in the last budget,'' he told presspersons.
About the Opposition criticism that the budget was anti-poor and more pro-foreign investors, Mr. Sinha said the pattern of economic reforms, as proposed in the budget, was a forward movement. "I have tried to take forward the reforms process. I hope this is not held hostage to political process. It is like crossing the forest in the darkness of night. If you stop mid-way, the tiger will eat you", he said.
"If that happens (the reform process is stopped), I will plead with the Government, political parties and Parliament as the reform process is still incomplete,'' he said.
Citing the example of resistance by political parties to the proposed labour reforms, Mr. Sinha said "it is a classic case. We are facing problems. There is no consensus. Even the largest Opposition party has said that it will not support us on the issue. But we will reason it out with it''.
On the proposed taxes, he said the actual taxes being raised were minimal leaving out the levy on petroleum products.
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