UPA govt hiding behind coalition politics: Kiran Mazumdar-Shaw

April 27, 2012 17:14

Government lacks political will to take hard decisions and is "hiding behind coalition politics", Chairman and Managing Director of biotechnology
major Biocon, Kiran Mazumdar-Shaw said today. "I think the Government has to wake up and the Government cannot keep hiding behind coalition politics", she said.

Asked to comment on general business sentiment in India, Mazumdar-Shaw said there is a lot of negative sentiments being expressed from outside the country, noting S&P (Standard & Poor's) lowering India outlook to negative and Macquaire shutting down India fund.

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